by Renascor Resources Admin | May 15, 2024 | Arno Graphite Project, ASX Announcements, Ausmin Development, Critical Minerals, Media coverage, Mining Company, Renascor Resources, Siviour Graphite
Published: Apr 18, 2024 | MINING TECHNOLOGY | Renascor secures A$185m EFA loan for Siviour graphite project
Export Finance Australia (EFA), Australia’s export credit agency, has approved a loan facility of A$185m to accelerate the development of the upstream graphite concentrate operation at Renascor Resources’ Siviour graphite project in South Australia.
This financial support for the vertically integrated battery anode material manufacturing operation (the BAM Project) has come from the Australian Government’s A$4bn Critical Minerals Facility, which is administered by the EFA. Read More.
by Renascor Resources Admin | May 15, 2024 | Arno Graphite Project, ASX Announcements, Ausmin Development, Critical Minerals, Media coverage, Mining Company, Presentations, Renascor Resources, Siviour Graphite
Published: Apr 18, 2024 | By: Special Report | STOCKHEAD | Renascor Resources wins $185m loan from Canberra to fast-track upstream graphite operation at Siviour
Conditional approval for the loan under the $4b scheme shouldn’t be all too surprising given that Siviour is the largest reserve outside Africa of graphite, a key material in electric vehicles.
It boasts an impressive 16.8Mt at 8.2% total graphitic carbon for 1.4Mt contained graphite, a world class deposit which places its development firmly in the national interest. Read More.
by Renascor Resources Admin | May 15, 2024 | Arno Graphite Project, ASX Announcements, Ausmin Development, Critical Minerals, Media coverage, Mining Company, Renascor Resources, Siviour Graphite
Published: Apr 17, 2024 | By: Imelda Cotton | SMALL CAPS | Renascor Resources receives $185m loan facility to fund Siviour graphite development
Export Finance Australia (EFA) has approved a $185 million loan facility to Renascor Resources (ASX: RNU) for the fast-tracked construction of a vertically-integrated battery anode material (BAM) manufacturing facility at the Siviour graphite project in South Australia.
The loan comprises a $150m term facility and a $35m overrun facility to support any unforeseen increases in capital costs. Read More.
