80 Mile

What 80 Mile does

80 Mile PLC is a London-headquartered, AIM-listed exploration and development company focused on energy and strategic resources across Tier 1 jurisdictions. Its portfolio comprises distinct exploration and development assets rather than a unified product: the Jameson Land Basin in East Greenland, targeting what the company describes as one of the world's last untapped onshore super basins with an independent estimate of 13.03 billion barrels of gross un-risked recoverable prospective oil resources (P10); Disko-Nuussuaq in Greenland, targeting nickel, copper, cobalt, and PGE deposits; Dundas Ilmenite in Greenland, positioned as a high-grade titanium resource; and two Finnish projects (Outokumpu and Hammaslahti). The company also operates the Greenswitch/Ferrandina biofuels facility in Italy, for which it has moved to 100% ownership via the Hydrogen Valley subsidiary. Mark Frascongna is the Chief Executive Officer.

The business model is pre-revenue resource exploration funded by joint venture partners and public-market capital rather than product sales. 80 Mile enters binding JV agreements (e.g., USFM Corporation committing US$30 million for 51% of Disko-Nuussuaq; March GL funding two Jameson Land exploration wells in H2 2026) and strategic MOUs (with a Fortune 500 Energy Group, Ludoil, and JEnergy for Ferrandina feedstock and processing) to advance assets before monetization or production. The company is listed on the London AIM market and Frankfurt Stock Exchange, with shares trading on the US Pink Market (BLLYF), and retains a 30% interest in the Nasdaq-listed Greenland Energy Company (GLND) through its subsidiary White Flame Energy A/S. Go-to-market is investor- and partnership-led via regulatory news releases, PRNewswire, and LinkedIn/X channels, with a target buyer base of tier-one energy companies, critical-minerals offtakers, and biofuel offtakers.

Name

80 Mile

Legal name

80 Mile PLC

Website

https://80mile.com

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

80 Mile PLC is a London-based, AIM-listed exploration and development company advancing a portfolio of hydrocarbon (Jameson Land Basin), critical minerals (Disko-Nuussuaq, Dundas), and biofuels (Ferrandina) projects in Greenland, Italy, and Finland, funded through joint venture partners and public-market capital ahead of future monetization.

Ownership category

akta.pro rank

Product category

Natural Resource Exploration

NAICS

Support Activities for Mining (2131), Geophysical Surveying and Mapping Services (541360)

SIC

Oil & Gas Field Exploration Services (1382), Miscellaneous Metal Ores (1090), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Mine Development & Processing EPC (Critical Minerals) (IMAKAFAM)

akta.pro secondary industry

Brownfield Expansions & Sustaining Capital Projects (Debottlenecking, Upgrades) (IMAKAOAJ)

Keywords

• Natural resource exploration
• Critical minerals exploration
• Hydrocarbon exploration
• Mineral resource development
• Biofuels production

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Resource Monetization: The company plans to generate revenue through successful exploration and development of hydrocarbon and mineral resources, monetizing projects on attractive terms after advancing them to optimal stages. Currently in pre-revenue exploration phase with joint venture funding.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

80 Mile PLC explores and develops energy, critical minerals, and industrial mineral resource projects across Greenland, Italy, and Finland. The company's core activity is advancing a portfolio of distinct exploration projects — including the Jameson Land Basin hydrocarbon project, the Disko-Nuussuaq nickel-copper-cobalt-PGE critical metals discovery, the Dundas Ilmenite resource, and the Greenswitch biofuels facility in Italy — funded largely through joint venture partnerships with tier-one energy and mining companies.

Product overview

80 Mile PLC is a natural resource exploration and development company with a portfolio of distinct projects across energy and strategic minerals. The company operates multiple independent exploration projects rather than a unified software product: Jameson Land Basin (hydrocarbons/oil), Disko-Nuussuaq (nickel-copper-cobalt-PGE critical metals), Dundas Ilmenite (titanium), Greenswitch/Ferrandina (biofuels production in Italy), and Finnish projects (Outokumpu, Hammaslahti). Projects are advanced independently and with tier-one partners including USFM Corporation, March GL, and Greenland Energy Company, with drilling operations commencing in 2026 across multiple assets.

Differentiator

Problem solved

Functional benefit

Products and services

• Jameson Land Basin Hydrocarbon exploration project in East Greenland targeting one of the world's last untapped onshore super basins. Independent assessment indicates 13.03 billion barrels of gross un-risked recoverable prospective oil resources (P10). Being advanced with US joint venture partner March GL who is funding exploration wells.
• Disko-Nuussuaq Critical metals exploration project in Greenland targeting nickel, copper, cobalt, and platinum group elements (PGE) deposits. Identified as a world-class Ni-Cu-Co-PGE discovery and being developed through a joint venture with USFM Corporation (US$30 million investment for 51% stake).
• Dundas Ilmenite Ilmenite (titanium iron oxide) resource development project in Greenland, positioned as the world's highest-grade ilmenite resource. Bulk sampling operations are underway at the project.
• Greenswitch (Ferrandina Biofuels Facility) Biofuels production facility located in Ferrandina, Italy, fully owned by 80 Mile PLC through its subsidiary Hydrogen Valley. Strategic MOUs secured with Fortune 500 energy companies, Ludoil, and JEnergy for feedstock supply and biofuel production development for Europe's renewable fuels transition.
• Outokumpu Exploration project located in Finland, part of the company's portfolio of energy and strategic resource projects in Tier 1 jurisdictions.
• Hammaslahti Exploration project located in Finland, contributing to the company's multi-project portfolio of critical minerals and industrial resource opportunities.

Quantifiable outcome

• 13.03 billion barrels of gross un-risked recoverable prospective oil resources (P10 estimate)

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core, major and minor.

• Greenland Energy Company (GLND)coreStrategic or Co-development Partner · 27 March 2026Following Pelican Acquisition Corporation's acquisition of Greenland Exploration Limited, Greenland Energy Company commenced trading on Nasdaq. 80 Mile PLC retains a 30% interest in the Jameson Land Basin project through its subsidiary White Flame Energy A/S. The consolidated entity focuses on developing the Jameson liquid hydrocarbon project in East Greenland.
• Fortune 500 Energy GroupmajorStrategic or Co-development Partner · 28 October 2025Memorandum of Understanding secured for feedstock supply and biofuel production development at the Ferrandina biofuels facility in Italy. Part of strategic agreements to enhance commercial viability and strategic importance within Europe's renewable energy transition.
• LudoilmajorStrategic or Co-development Partner · 28 October 2025Memorandum of Understanding partner for the Ferrandina biofuels facility. Industry leader providing supply and processing capacity agreements to secure revenues and support renewable fuels transition in Europe.
• JEnergymajorStrategic or Co-development Partner · 28 October 2025Memorandum of Understanding partner for the Ferrandina biofuels facility. Strategic agreements involving industry leaders for supply and processing capacity to secure revenues and support Europe's renewable fuels transition.
• Hydrogen ValleyminorStrategic or Co-development Partner · 28 October 202580 Mile PLC is moving to acquire 100% ownership of Hydrogen Valley, related to the Ferrandina biofuels facility in Italy, enhancing vertical integration in the renewable energy sector.
• March GLcoreStrategic or Co-development PartnerUS joint venture partner for the Jameson Land Basin project. March GL is funding exploration wells to delineate the basin's hydrocarbon potential. Drilling operations planned for H2 2026, fully funded for two exploration wells.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Anglo American: Global diversified mining major with exposure across copper, nickel, platinum group elements, and other critical minerals. Comparable to 80 Mile's critical minerals and PGE focus but at massive scale and as a potential strategic acquirer rather than direct competitor.
• Glencore: Global diversified mining and commodities trading major with significant copper, nickel, cobalt, and zinc operations. Comparable to 80 Mile's base and battery metals exposure but at vastly larger scale and with established processing infrastructure.

Direct peers

• Savannah Resources: AIM-listed resource development company focused on critical minerals (lithium, copper) projects in Europe and Africa. Comparable critical minerals exposure, European geographic focus, and AIM-listed junior development stage.
• Power Metal Resources: AIM-listed multi-commodity exploration company with a diversified portfolio of early-stage mining and energy projects across multiple jurisdictions. Directly comparable to 80 Mile's diversified multi-asset, multi-jurisdiction exploration strategy and AIM listing.
• GreenRoc Mining: AIM-listed mining exploration company focused on critical minerals and base metals projects in Greenland, including the Amitsoq graphite project. Comparable to 80 Mile by virtue of shared Greenland jurisdiction, AIM listing, critical minerals focus, and junior exploration stage.
• March GL: US joint venture partner funding exploration wells at Jameson Land Basin to delineate the basin's hydrocarbon potential, with drilling planned for H2 2026. Direct peer via shared economic exposure to the same asset and similar early-stage exploration risk profile.
• Beowulf Mining: AIM-listed Nordic-focused mining exploration company with iron oxide and base metal projects in Sweden, Finland and Kosovo. Comparable multi-jurisdiction AIM-listed explorer profile with critical minerals exposure and pre-revenue stage.
• Greenland Energy Company (GLND): Nasdaq-listed entity formed via Pelican Acquisition Corporation's acquisition of Greenland Exploration Limited in March 2026 to develop the Jameson Land Basin liquid hydrocarbon project in East Greenland. Direct counterparty to 80 Mile's 30% interest via White Flame Energy A/S and the most comparable peer by asset, geography, and stage.

Emerging players

• Cobalt Blue Holdings: ASX-listed company focused on cobalt and critical minerals projects including the Broken Hill Cobalt Project. Comparable to 80 Mile's Disko-Nuussuaq battery minerals exposure, though at a more advanced stage of project development.
• Talon Metals: Exploration and development company focused on high-grade nickel-copper-cobalt-PGE deposits, including the Tamarack project in the US. Directly comparable to 80 Mile's Disko-Nuussuaq Ni-Cu-Co-PGE focus, with similar early-to-development stage profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/80milePLC
• LinkedInlinkedin.com/company/80-mile-plc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 80 Mile