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Renascor Resources Limited (ASX:RNU)

ALERT: Price-sensitive ASX Announcement for RNU
Current share price for RNU : $0.058 -0.004 (-6.45%)+
Announcement
Release
29 Apr 2026 9:44AM
Price at Release
$0.062
Full Release
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Summary
Renascor Resources Limited has announced the successful transition to full-plant commissioning of its Purified Spherical Graphite (PSG) Demonstration Plant in Adelaide, South Australia. The plant, which is part of Renascor's vertically integrated Battery Anode Material development strategy, will utilize graphite from the Siviour Graphite Project. The commissioning is on schedule and budget, with the aim to produce battery-grade graphite and initial customer samples. The facility showcases Renascor's HF-free purification process, a competitive alternative to China’s PSG supply chain, and is supported by a $5 million Australian government grant. Renascor plans to use insights from the demonstration plant to design a full-scale commercial facility.
Key Points
  • Full-plant commissioning of PSG Demonstration Plant initiated.
  • Located in Adelaide, part of the Battery Anode Material strategy.
  • Integration with Siviour Graphite Project for graphite sourcing.
  • Focus on HF-free purification process as a competitive edge.
  • Supported by $5 million grant from Australian government.
  • Aims to produce battery-grade graphite and customer samples.
  • Part of a vertically integrated development strategy.
  • Preparation for full-scale commercial PSG facility in future.
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.