RENASCOR RESOURCES ORD
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 […]
Renascor Resources ups Siviour graphite resource by 25%, considers further expansion
Renascor Resources (ASX: RNU) has increased the size of Australia’s largest graphite deposit, which is also the world’s second biggest in size and the largest outside Africa. The Siviour deposit, located on South Australia’s Eyre Peninsula and inland from Arno Bay, has had its resource upgraded by 25%, now standing at 123.6 million tonnes at […]
Renascor Resources signs preliminary graphite deal with major Chinese battery supplier
Renascor Resources (ASX: RNU) has signed a non-binding memorandum of understanding (MOU) with Chinese anode company Shanxi Minguang New Material Technology to supply purified spherical graphite (PSG) from its planned integrated operation in South Australia. The MOU covers the sale of up to 10,000 tonnes per annum of PSG over a 10-year term. This represents […]
Gawler Craton exploration heats up as juniors step-up efforts to uncover new major deposits in South Australia
Back in 2001, Minotaur Resources — now Minotaur Exploration (ASX: MEP) — put the Gawler Craton back on the mining investor’s map when it discovered the huge Prominent Hill copper-gold deposit south-east of Coober Pedy in South Australia. At the time, it set off a land rush from other juniors wanting to peg anything in […]