FinTechFunding

Renascor Resources: Recieves positive PSG test results

  • Renascor Resources (RNU) has had its purified spherical graphite (PSG) confirmed as anode-ready
  • The review of Renascor’s Siviour project’s PSG found it meets the requirements for integration into lithium-ion batteries
  • The company wants to become the first integrated in-country mine and battery anode materials operation outside of China
  • RNU said today’s positive test results further cements this goal and its wider global viability
  • Shares in the company are trading up 6.67 per cent for 1.6 cents each
  • RNU Managing Director David Christensen said today’s test results take them one step closer to achieving this goal
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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