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.