HomeFinTechRenascor Resources: Investigates green financing options

Renascor Resources: Investigates green financing options

  • Renascor Resources (RNU) is investigating green financing options for the Siviour Battery Anode Material Project in South Australia
  • The company says it is on track to produce a material critical to the electric vehicle supply chain, at a low cost, using an ESG-friendly spherical purification process
  • It plans to develop the world’s first integrated, in-country mine and purified spherical graphite operation outside of China
  • Currently, 100 per cent of PSG produced from natural flake graphite is produced in China
  • Renascor’s purification process also offers an eco-friendly alternative to the PSG purification process in China
  • The company is up 7.87 per cent, trading at 9.6 cents
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