An update from Renascor Resources Limited ( (AU:RNU) ) is now available.
Renascor Resources Limited has announced successful test results confirming the effectiveness of its water treatment circuit in recycling reagents and treating process water in its hydrofluoric acid-free purification process. These results support the technological readiness of Renascor’s planned Purified Spherical Graphite demonstration facility, allowing the company to advance to detailed engineering and awarding design contracts for purification and water treatment. The development positions Renascor as a competitive ex-China alternative for battery-grade graphite, potentially offering lower costs and reduced environmental impact, with the commissioning of the demonstration facility expected to begin in Q3 2025.
More about Renascor Resources Limited
Renascor Resources Limited is a company operating in the mining and materials industry, focusing on the development of a vertically integrated Battery Anode Material (BAM) operation in South Australia. The BAM project includes an upstream graphite mining and processing operation and a downstream facility for converting graphite concentrate into Purified Spherical Graphite (PSG) for export to lithium-ion battery anode manufacturers.
YTD Price Performance: -18.33%
Average Trading Volume: 2,331,991
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$124.6M
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