Renascor Vertically Integrated Battery Anode Material Manufact..

I have just been having a bit of a look around some of Australia's EV raw material type stocks and Renascor has been a bit of a monster over the last 12 months up around 1200%.

From their Facts Page: renascor.com.au/

Renascor is developing a vertically integrated Battery Anode Material Manufacturing Operation in South Australia.

Renascor’s Siviour Graphite Deposit is the world’s second largest Proven Reserve of Graphite and the largest Graphite Reserve outside of Africa.

The favourable geology and location of the Siviour Graphite Deposit will allow Renascor to produce Graphite Concentrate at a cost that is amongst the lowest in the world.

Graphite Concentrates will be processed into Purified Spherical Graphite (“PSG”) in a 28ktpa, eco-friendly manufacturing facility in South Australia and shipped to lithium-ion battery anode manufacturers (currently located in Northeast Asia).

By leveraging off the low-cost Siviour resource, Renascor’s PSG production cost will be amongst the lowest in the world, competitive with current Chinese production and advantaged over other developments outside of China.

Looks interesting ...

Commentaire:

I'm still holding but this sideways travel is annoying :)