Renascor Resources produces battery-grade graphite from demo plant
Renascor Resources (RNU.AX) has produced battery-grade purified spherical graphite (PSG) with 99.97% carbon purity at its Adelaide demonstration plant.
057, their highest level since September 28. The stock was on track for its strongest day since September 4 if gains hold. 97% carbon purity. The company said the milestone supports customer engagement, including talks with potential offtake partners.
Renascor said the demonstration plant was built with support from a grant under Australia's International Partnerships In Critical Minerals Programme. The stock was down over 28% year to date.