Renascor’s Siviour Graphite Holds Ability to Produce High-Quality PSG, Purification Tests Confirm

  • Jul 14, 2020 AEST
  • Team Kalkine

Latest independent purification test results have confirmed that graphite from the flagship Siviour Project of Renascor Resources Limited (ASX: RNU) could be processed into low-cost, battery-grade Purified Spherical Graphite (PSG). 

German graphite specialist ProGraphite GmbH undertook the tests, successfully upgrading Siviour spheronised graphite into lithium-ion battery-grade, 99.97% carbon PSG using caustic roast purification technique. The tests also support the Company’s recent completed battery anode material study.

The test results validate the Company’s plan to be a low-cost supplier of PSG in the first integrated in-country mine and battery anode materials operations, lying outside of China. The Company intends to use the results to support continuing offtake and finance discussions.

RNU stock was trading at $0.012 on 14 July 2020 (AEST 12:12 PM)


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