InvestSMART

Renascor Resources Limited (ASX:RNU)

ALERT: Price-sensitive ASX Announcement for RNU
Current share price for RNU : $0.057 0.007 (14%)+
Announcement
Release
22 Jun 2026 10:50AM
Price at Release
$0.050
Full Release
download
Summary
Renascor Resources Limited has commenced graphite processing at its Purified Spherical Graphite (PSG) demonstration plant in Adelaide, South Australia. This follows the introduction of graphite and reagents into the HF-free integrated purification flowsheet designed to produce battery-grade graphite for lithium-ion battery anodes. This process supports environmentally sustainable and cost-effective production without the use of hydrofluoric acid. The current phase aims to validate operations and produce qualification samples for prospective customers, progressing towards commercial-scale production. The initiative is backed by a $5 million Australian Government grant and aligns with Renascor's strategy to develop an integrated mine-to-PSG operation utilizing graphite from the Siviour Graphite Deposit.
Key Points
  • Graphite processing commenced at PSG demonstration plant.
  • Use of HF-free purification flowsheet for battery-grade graphite.
  • Supported by Australian Government co-funding.
  • Production aligned with environmentally sustainable practices.
  • Current phase aimed at validating integrated purification process.
  • Facility supports the generation of customer qualification samples.
  • Strategic development of mine-to-PSG operation.
  • Located in Adelaide, South Australia.
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.