InvestSMART

Renascor Resources Limited (ASX:RNU)

ALERT: Price-sensitive ASX Announcement for RNU
Current share price for RNU : $0.058 0.002 (3.57%)+
Announcement
Release
9 Jul 2026 9:57AM
Price at Release
$0.056
Full Release
download
Summary
Renascor Resources Limited has announced the results of a cost study supporting its hydrofluoric acid (HF) free purification method for producing battery-grade purified spherical graphite (PSG). The study suggests significant cost advantages, estimating operating costs at approximately US$459 per tonne. This method avoids HF, lowers reagent costs, and integrates water treatment for reagent recycling, making it a potentially competitive alternative to conventional HF-based methods used in Western jurisdictions. Renascor is actively advancing its PSG demonstration plant in South Australia, supported by a $5 million grant from the Australian Government, which will validate this purification process and support customer qualification and strategic partnerships.
Key Points
  • Renascor's HF-free purification method offers competitive cost advantages.
  • Estimated purification operating costs are approximately US$459 per tonne.
  • The process eliminates HF, reducing health, safety, and environmental costs.
  • An integrated water treatment circuit enables reagent recycling.
  • The PSG demonstration plant in South Australia validates the purification process.
  • A $5 million grant supports the demonstration plant under Australia’s Critical Minerals Program.
  • Renascor aims to offer a commercially competitive ex-China source of battery-grade PSG.
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.