Mining
Renascor Resources is an emerging graphite development company. Its core asset is the Siviour Graphite Project on the Eyre Peninsula, in South Australia. Renascor aims to become a leading supplier of 100% Australian-made, low-cost purified spherical graphite for lithium-ion battery anode makers worldwide.
The Siviour Graphite Deposit is the largest reported graphite Reserve outside Africa, and Renascor plans to build a state-of-the-art processing facility in South Australia to manufacture purified spherical graphite through its eco-friendly purification process.
The project is advanced and progressing very strongly. Renascor has secured the site for its proposed Battery Anode Material Manufacturing Facility in South Australia from the South Australian Government-owned utility SA Water, and has also received South Australian Government approval for the Program for Environment Protection and Rehabilitation (PEPR), a key approval that paves the way for its proposed Siviour Mine and Concentrator.
The Siviour Project has been granted Major Project status by the Federal Government, and the Company has secured conditional approved for a A$185 million loan facility from the Australian Government’s $2 billion Critical Minerals Facility, to support the development of the Siviour Project.
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