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Renascor Resources Limited (ASX:RNU)

ALERT: Price-sensitive ASX Announcement for RNU
Current share price for RNU : $0.054 -0.013 (-19.40%)+
Announcement
Release
16 Mar 2026 9:39AM
Price at Release
$0.067
Full Release
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Summary
Renascor Resources Limited announced the completion of construction for its Purified Spherical Graphite (PSG) demonstration facility in Adelaide, South Australia. This milestone marks a significant step in the company's strategy to develop a vertically integrated Battery Anode Material (BAM) project, utilizing graphite from its Siviour Graphite Project. The facility aims to showcase Renascor's eco-friendly purification process, which avoids hydrofluoric acid, positioning the company as a competitive alternative to China's PSG supply chain. The next phase involves commissioning and operational validation, leading to commercial-scale production. The project has maintained a zero lost-time injury record, and the demonstration facility is supported by a $5 million grant from the Australian Government's Critical Minerals Program.
Key Points
  • Completion of PSG demonstration facility construction in Adelaide
  • Facility to demonstrate eco-friendly purification process
  • Part of Renascor's integrated Battery Anode Material project
  • Supported by a $5 million Australian Government grant
  • Transition to commissioning and operational validation
  • Eco-friendly process avoids hydrofluoric acid
  • Focus on becoming a competitive alternative to China's PSG supply chain
  • Zero lost-time injury record maintained during construction
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.