Published: Oct, 30 2023 | By: David Simmons | IN DAILY | Winners and Losers: Renascor’s graphite ambitions drive $100m gain
Graphite miner Renascor saw its market capitalisation rise by more than $127 million over the last five days of trading, buoyed by fresh news out of China.
The company rose after China announced it would implement export permits for some products that could impact global supply of battery grade graphite from the nation. This drove gains for graphite stocks, including Renascor, which jumped up 45.45 per cent over the prior week. Read More.