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.