Renascor considers larger development at Siviour

PERTH (miningweekly.com) – Graphite developer Renascor Resources saw its share price surge on Friday after announcing an optimised development plan for Stage 1 of its Siviour graphite project, in South Australia.
The optimised development plan looked at increasing the 22 800 t/y Stage 1 production nearly four fold to 83 400 t/y, while providing for the construction of a similar sized processing plant in Stage 2 for a combined production rate of 145 000 t/y of graphite concentrate.

https://www.miningweekly.com/article/renascor-considers-larger-development-at-siviour-2019-05-03

 

Renascor Resources appoints BurnVoir as Financial Adviser for Siviour Graphite Project

Renascor Resources Limited (ASX: RNU) explores and evaluates mineral properties in Australia including uranium, graphite, gold, copper, and other deposits. Currently, the companys primary focus lies in developing the Siviour graphite project situated in Eyre Peninsula, South Australia.
On March 4th, 2019, Renascor Resources announced the appointment of BurnVoir Corporate Finance as the financial advisor to organise financing for the development of its 100%-owned flagship Siviour graphite project. As per the deal, BurnVoir will work in collaboration with Renascor and its strategic partner Royal IHC to secure financing for the project that is designed to maximise value for the shareholders.

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INTERVIEW: Renascor MD lays out plans for Australian graphite flake development

Renascor Resources managing director David Christensen tells Fastmarkets how the company intends to make maximum use of the financing for the development of its Siviour graphite deposit in South Australia so it can rival the world’s lowest-cost producers.

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Renascor Resources Secures Dutch Government-Backed Project Finance Milestone for Siviour Graphite Project

Renascor Resources announced that, following a preliminary assessment of the Siviour Graphite Project, Atradius on behalf of the Dutch State has issued a Letter of Interest (LOI) confirming in principle project finance support under the Dutch export credit guarantee scheme (ECA Cover).

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