Renascor Resources collects bulk sample in key step toward Australian graphite production

• Renascor Resources completes collection of 730t bulk sample at Siviour graphite project in South Australia
• Will be used to produce graphite concentrate in China using RNU’s optimised flowsheet
• Production is scheduled for Q4 this year, while back home, engineering for PSG facility and commissioning of demonstration plant are slated for Q2 next year

Special Report: Renascor Resources has completed the collection of a 730t bulk sample to ship to a commercial graphite facility in China, which will produce concentrate using the company’s optimised flowsheet.

The graphite comes from Renascor’s wholly-owned Sivour deposit in South Australia, with the sample a key step to establish a downstream graphite processing plant in the Aussie state.

RNU is hoping to produce the concentrate for a planned purified spherical graphite demonstration facility, making it the first Australian producer of a key component in the production of lithium-ion batteries, albeit at a pilot level.

Back in July, the company scored a $5 million grant from the Australian Government’s International Partnerships in Critical Minerals Program to design, construct, and operate the facility in question.

On track

The company confirmed that the initial deliveries had arrived at the commercial graphite facility in China already, with the concentrate scheduled to commence production in Q4 this year.

Remaining on track, and it also confirmed that engineering for the PSG facility and commissioning of the plant are forecast for Q2 2025.

The graphite will be milled and purified into PSG using the company’s very own eco-friendly, HF-free purification process at its planned facility.

Key milestones

RNU Managing Director David Christensen said the completion of the bulk sample was essential to the development of the facility.

“The  successful  completion  of  this  730  tonne,  bulk  sample  from  Siviour  is  a  key  milestone  for our  Australian  Government  co-funded Purified Spherical Graphite demonstration facility,” he said.

“With the sample collection now safely completed, we will build upon the significant work  already  completed  on  our  downstream  processing  designs  as  we  look  to demonstrate  that  our  eco-friendly,  HF-free  purification  technology  can create  a competitive advantage for Renascor as a low-cost, ex-China producer of Purified Spherical Graphite for the lithium-ion battery sector.”

This article was developed in collaboration with Renascor Resources, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.