It's that time again, the story just keeps getting better and better.....tick tock40 Compelling Reasons for investing in Renascor Resources (RNU)
1. World's 2nd largest Graphite deposit
2. Copper - binding agreement with Rio
3. Gold deposit at Soyuz
4. Three offtake MOUs for Renascor’s PSG including the recently negotiated one with Hanwa Co Ltd Japan5. Working with Sydney-based battery anode company Sicona to jointly develop a next-generation lithium-ion battery anode material which combines silicon with graphite to significantly improve anode capacity and cell energy density
6. Low cost processing
7. World class supply chain
8. Eco friendly chemical purification to produce PSG
9. Govt support - Morrison 10 year manufacturing initiative
10. Govt support - qualified as a new mine and so royalties reduced from 3.5% to 2% until 2026
11. Financing - in discussions with Clean Energy Finance Corporation (“CEFC”) to secure financing for the construction of the first vertically integrated mine and purified spherical graphite operation outside of China
12. Financing - in-principle financing support from Export Finance Australia
13. Financing - in-principle financing support from Atradius, the export credit agency of the Dutch Government
14. Kaolin/Halloysite deposit at Ungarra
15. Rare Earths REE at Soyuz / Tumby Bay
16. Operates in Australia - a LOW RISK Sovereign Jurisdiction vs eg Tanzania or Ghana in Africa where other ASX listed graphite stocks operate. (Tanzania is marred by Child labour and there are a raft of issues that Aus Govt will have to look into before spending tax payers money supporting some of these companies) Refer to ASX:RSG in Ghana and ASX:IDA in Tanzania for horror stories of companies being stripped of their tenements by those Govts
17. Very experienced and astute management
18. Required documentation currently being prepared for Program for Environmental Protection and Rehabilitation (“PEPR”)
19. Recent flotation optimisation testwork shows improved graphite purities and recovery leading to improved productivity and even lower processing costs
20. Final Battery Anode Material Manufacturing Facility Site Selection Assessment has commenced21. RNU is a member of the European Battery Alliance (EBA)22. RNU has been accepted as a member of the European Raw Materials Alliance (ERMA)23. Renascor Resources identified as a “Selected Australian critical minerals project” in the Australian Government’s Resources Technology and Critical Minerals Processing National Manufacturing Priority Road Map24. Renascor is on track to become the world’s first integrated, in-country mine and Purified Spherical Graphite operation outside of China25. Negotiation of Binding Offtake Agreements for existing MOUs is progressing well with preparation of bulk PSG samples underway26. Above standard carbon purity of 99.8% while industry standard is 99.5 %27. Company has been inundated with interest from prospective buyers of its PSG to the point where Stage 1 of the mine ( 28,000 tonnes per year ) has been fully subscribed28. As a result of an increase in inbound enquiries from globally-recognised anode and battery companies for Siviour PSG, it is now considering an expanded stage one production capacity or an additional stage two PSG production capacity29. The recent MOU with Hanwa gives the company exposure to the Japanese anode market (first 2 MOUs were with Chinese interests). Hanwa deals with some of the world’s largest metal and chemical producers and operates a dedicated Battery Team for the supply of graphite30. Letters of Support secured from all levels of government and numerous community and regional groups. Community support is such a vital part of the whole process and it becomes difficult to operate in an environment without the support of these groups31. Renascor is now looking to increase the production capacity for Stage 1 as a result of being inundated with enquiries from potential offtakers32. Renascor to benefit from the $1.08 Billion Energy and Emissions Reduction Deal Signed by Commonwealth and South Australian Governments33. Firm commitments received to raise $15 million, led by institutional investors in Australia and overseas - Siviour Battery Anode Material Project in South Australia is now fully funded up to the construction phase, targeted to commence in 202234. Renascor has commenced a bulk scale production program to provide additional quantities of Siviour Purified Spherical Graphite (“PSG”) to potential customers to support the progression to binding offtake agreements35. Renascor has now been added to the MSCI Global Index36. Renascor’s HF-Free Technology Achieves an amazing 99.99% Purity37. Trials of Renascor’s eco-friendly purification process undertaken by consultancy group Dorfner ANZAPLAN have resulted in potential operational and environmental enhancements to Renascor’s planned PSG manufacturing facility38. Results of independent locked cycle tests offer increased economic efficiencies in the production of Graphite Concentrates - graphite recovery of 94.5%, as compared to 91.0% in the Siviour DFS39. The on-going pilot trials have achieved graphite purities of up to 97.5% total carbon (“TC”) with graphite recovery of 93.2% by adjusting regrind times in the flotation circuit40. Renascor intends to leverage off the comparatively low OPEX of the planed Siviour Graphite Concentrate operation by co-locating a downstream advanced manufacturing facility in Australia to produce low-cost, high-quality, 100% Australian-made PSG with leading ESG credentials in the first integrated in-country mine and battery anode material operation outside of China
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