Renascor optimises coarse flake metrics at Siviour to get more high-value graphite to market as part of Phase I production

Published: Jan, 17 2024 | By: Special Report | STOCKHEAD | Renascor optimises coarse flake metrics at Siviour to get more high-value graphite to market as part of Phase I production

The Siviour graphite deposit in South Australia is touted as one of the largest outside Africa, with reserves of 16.8Mt @ 8.2% for 1.4Mt of contained graphite – enough to support production of 140,000tpa for the next four decades.

Last year, Renascor Resources (ASX:RNU) completed its BAM study that can deliver a globally competitive purified spherical graphite product – and now for Phase 1, the company says it will increase upstream coarse flake production so it can maximise initial revenues. Read More.

Renascor Resources land buy to accelerate push to graphite production

Published: Nov 16, 2023 | By: Special Report | STOCKHEAD | Renascor Resources land buy to accelerate push to graphite production

Renascor Resources’ (ASX:RNU) Battery Anode Material (BAM) study completed earlier this year found that the project can deliver a globally competitive gross operating cost for purified spherical graphite of US$1,782 per tonne over the first 10 years and US$1,846/t over LOM (life of mine).

This includes graphite concentrate operating costs of US$405/t over the first 10 years and US$472/t over LOM to deliver post-tax unleveraged NPV of $1.5bn, unleveraged IRR of 26%, and average annual EBITDA (earnings before interest, taxes, depreciation, and amortisation) of $363m. Read More.

Renascor extends Project area at South Australian graphite project

Published: Jul 12, 2022 | By: Special Report | STOCKHEAD | Renascor extends Project area at South Australian graphite project

Renascor Resources has entered into a land access and option agreement that will permit the company to explore in, and potentially purchase the land around its Siviour graphite project in South Australia.

The area in question includes the northwestern extension of the Siviour inferred resource and other areas immediately along-strike of the existing mineral resource. Read More.

Renascor Resources (ASX: RNU) receives approval to send graphite samples to China

Published: December 11, 2019 | BY: LISA SIMCOCK | Markets Reporter | THE MARKET HERALD |  Renascor Resources (RNU) has received approval to extract a 60-tonne bulk sample from the Siviour Graphite Project on South Australia’s Eyre Peninsula.  The approval came from the South Australian Department for Energy and Mining (DEM).

Ore extracted from the bulk sample will be used in a pilot plant production trial in China and will provide large-scale marketing samples to potential end-users and strategic partners to conduct advanced testing and qualification…..read more