Renascor Secures Milestone Aboriginal Land Agreement
Renascor secures A$185m EFA loan for Siviour graphite project
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.
Renascor Resources wins $185m loan from Canberra to fast-track upstream graphite operation at Siviour
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.
Renascor Resources receives $185m loan facility to fund Siviour graphite development
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.
Siviour Graphite Project, South Australia
Published: Mar 1, 2024 | MINING TECHNOLOGY | Siviour Graphite Project, South Australia
The Siviour graphite project is an open-pit mining development in the Eyre Peninsula, Australia. The mine is being developed and operated by Renascor Resources through its subsidiary Ausmin Development, which holds complete ownership of the project. Read More.
Renascor Resources is getting a power connection upgrade for its monster Siviour graphite project
Published: Feb 29, 2024 | By: Special Report | STOCKHEAD | Renascor Resources is getting a power connection upgrade for its monster Siviour graphite project
Renascor Resources (ASX:RNU) has run the numbers and believes the 16.8Mt @ 8.2% for 1.4Mt contained graphite Siviour deposit – one of the largest ex-Africa – can deliver high-purity spherical graphite to the market at a run rate of 140,000tpa for the next 40 years. Read More.
WTF with RNU: Why the medium-term outlook for graphite looks positive
Published: Feb, 2 2024 | By: Stockhead TV | STOCKHEAD | WTF with RNU: Why the medium-term outlook for graphite looks positive
Renascor Resources(ASX:RNU) managing director David Christensen joins the Stockhead TV studio to investigate these questions and more.
“Over the past year we’ve seen Chinese net imports of graphite fall, and we’ve also seen a proliferation of inexpensive synthetic graphite in the Chinese market,” he says. Read More.
Click here to watch the full interview.
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.
Plenty of sizzle left in Siviour
Published: Nov 2023 | By: Michael Washbourne | AUSTRALIA’S PAYDIRT | Plenty of sizzle left in Siviour
Upstream production might be within touching distance for leading Australian graphite hopeful Renascor Resources Ltd, but managing director David Christensen is not tempting fate.
Renascor stands alone as the country’s best chance for local graphite production via its Siviour project, about 15km west of the quiet coastal town of Arno Bay on South Australia’s Eyre Peninsula. Read More.
Renascor Resources’ Siviour project reveals low carbon footprint in independent life cycle assessment
Published: Nov, 1 2023 | By: Mitchell Tinley | THE MARKET HERALD | Renascor Resources’ Siviour project reveals low carbon footprint in independent life cycle assessment
Renascor Resources (ASX:RNU) has announced the results of a life cycle assessment (LCA) of its Siviour battery anode material (BAM) project in South Australia.
The LCA looked at the environmental impacts attached to all stages of the company’s production of purified spherical graphite (PSG) from the project. It was carried out by independent environmental consultancy Minviro. Read More.
Winners and Losers: Renascor’s graphite ambitions drive $100m gain
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.
Renascor Resources accelerates development of graphite concentrate operation
Published: Oct, 10 2023 | By: Mitchell Tinley | THE MARKET HERALD | Renascor Resources accelerates development of graphite concentrate operation
Renascor Resources (ASX:RNU) is on a mission to expedite the construction of its graphite concentrate operation, a key component of its battery anode material (BAM) graphite mine and manufacturing operation.
The company has secured primary mining approvals and recently completed a definitive feasibility study (DFS) for the Siviour project, located in South Australia. Read More.
Renascor’s 25pc resource boost confirms world’s #2 graphite reserve still has plenty of room to grow
Published: Sep, 14 2023 | By: Special Report | STOCKHEAD | Renascor’s 25pc resource boost confirms world’s #2 graphite reserve still has plenty of room to grow
Renascor’s Siviour project in South Australia is already the largest graphite ore reserve outside of Africa but, as the latest 25% resources increase shows, it is not done with growing yet.
This is impressive given that the company had in late August upgraded ore reserves at the project by 13% to 16.8Mt at 8.2% total graphitic carbon and high confidence proven resources by 8%. Read More.
Renascor Resources (ASX:RNU) confirms Siviour as largest ore reserve of graphite outside Africa
Published: Aug 24, 2023 | By: Bianca Gimondo | THE MARKET HERALD | Renascor Resources (ASX:RNU) confirms Siviour as largest ore reserve of graphite outside Africa
Renascor Resources (RNU) has announced an update to the mineral resource estimate (MRE) for its Siviour project in South Australia, confirming it as the largest reported ore reserve of graphite outside Africa.
Additionally, it represents the second-largest proven reserve of graphite in the world. Read More.
Renascor now has the largest graphite ore reserve outside Africa
Published: Aug, 24 2023 | By: Special Report | STOCKHEAD | Renascor now has the largest graphite ore reserve outside Africa
An updated ore reserve confirms Renascor’s Siviour graphite project in South Australia as the largest total ore reserve of graphite outside of Africa and the second largest reported proven resource of graphite in the world.
While mineral ‘resource’ has reasonable prospects for eventual economic extraction, ore reserves are the higher confidence – they are the parts of a resource that a company knows can be economically mined. Read More.
Renascor’s BAM study lays out journey to become a low-cost supplier of Aussie graphite
Published: Aug, 9 2023 | By: Special Report | STOCKHEAD | Renascor’s BAM study lays out journey to become a low-cost supplier of Aussie graphite
An optimised Battery Anode Material (BAM) study has confirmed compelling economics of Renascor’s integrated graphite mine and downstream Purified Spherical Graphite facility in South Australia.
The BAM study supersedes all previous studies and confirms Renascor’s Siviour Graphite Project as a low-cost, high-value supplier of 100% Australian-made graphite for the global lithium-ion battery anode sector. Read More.
Renascor Resources (ASX:RNU) Siviour BAM study results confirm low-cost, high-value supplier
Published: Aug 8, 2023 | By: Bianca Gimondo | THE MARKET HERALD | Renascor Resources (ASX:RNU) Siviour BAM study results confirm low-cost, high-value supplier
Renascor Resources (RNU) has received the results of its Siviour battery anode material (BAM) study, confirming the project’s status as a low-cost and high-value supplier of 100 per cent Australian-made graphite for lithium-ion battery anodes.
The study has identified economic potential in utilising Renascor’s vertically integrated graphite mine and downstream purified spherical graphite (PSG) facility located entirely in South Australia (the BAM project). Read More.
Renascor signs MoU with Mitsubishi for graphite supply
Published: Jul 19, 2023 | MINING TECHNOLOGY | Renascor signs MoU with Mitsubishi for graphite supply
Renascor Resources and Japanese anode material manufacturer Mitsubishi Chemical have signed a non-binding strategic cooperation memorandum of understanding (MoU) for the supply of graphite products and a potential commercial partnership.
According to the MoU, Mitsubishi can purchase graphite concentrates, purified spherical graphite and other graphite products from Renascor’s Siviour graphite and battery anode material (BAM) project in South Australia. Read More.
Renascor Resources (ASX:RNU) inks MOU with Mitsubishi Chemical for graphite supply
Published: Jul 19, 2023 | By: Jonathon Davidson | THE MARKET HERALD | Renascor Resources (ASX:RNU) inks MOU with Mitsubishi Chemical for graphite supply
Renascor Resources (RNU) has minted a partnership with Japanese manufacturer, Mitsubishi Chemical, to supply graphite via a non-binding memorandum of understanding (MOU).
Mitsubishi Chemical is one of the world’s largest electric vehicle battery supply chain heavyweights, pushing out anodes for use in EV batteries across global supply chains. Read More.
The Siviour BAM Project
Financial Review: Albanese adds $585m to Australia-made drive
