Renascor Resources Completes Commercial-Scale Milling Trials at Siviour

THE BOURSE WHISPERER: Renascor Resources (ASX: RNU) has completed of commercial-scale downstream milling equipment trials for the company’s planned Siviour project, a vertically integrated graphite mine and battery anode material manufacturing operation in South Australia.

The recently completed trials achieved spherical graphite yields from Renascor’s Siviour graphite deposit in excess of 65 per cent (versus the 50% yield adopted in Renascor’s Battery Anode Material Study).

Renascor Resources said the higher yields from the milling process offer potential to produce more Purified Spherical Graphite (PSG) and improve profit margins as a result of an increased proportion of PSG material being produced per unit of Graphite Concentrate feed.

The higher yields were achieved with an industry leading equipment manufacturer, confirming the ability to process Siviour Graphite Concentrates into spherical graphite products consisting of a primary spherical product for use in high-volume lithium-ion battery anode applications, as well as finer spherical products for use in high performance and other speciality applications.

Spherical graphite produced from the milling trials met or exceeded physical customer specifications that require physical specification parameters, including product size, particle size distribution, tap density and surface area, must be achieved after the milling process for use in high quality anode material

Data generated from the equipment trials will be used for engineering design works and final equipment selection for Renascor’s planned manufacturing facility in SA.

“The completion of the downstream equipment trials is another important step in advancing and de-risking the Siviour project, with the potential for improved yields offering further upside in our plans to become a global leader in the production of high-quality, sustainable Purified Spherical Graphite products for lithium-ion battery anode makers worldwide,” Renascor Resources managing director David Christensen said in the company’s ASX announcement.