http://www.thebull.com.au/premium/a/72334-can-graphite-miners-make-a-comeback.html
Renascor Resources (RNU) was a diversified miner of uranium, copper, and gold that has switched its focus to graphite with its flagship operation at the Siviour Graphite Deposit in South Australia. The company has another graphite deposit in Western Australia.
Unlike Talga’s Swedish assets with historical mining performance, Siviour was discovered in 2016. Scoping studies point to 80.6 million tonnes of high grade ore ideally situated for low-cost production. Siviour is the ninth largest graphite deposit in the world and the largest in Australia, according to the company.
Initial testing provided positive results for processing graphite from Siviour into spherical graphite. A subsequent Spherical Scoping Study suggests the company has the potential to produce 60,000 tonnes of graphite feedstock processed into 30,000 tonnes of spherical graphite. Currently, close to 100% of the world’s supply of spherical graphite comes from China.
Despite the glowing results to date, the company is a long way from commercial sales, with more feasibility studies to complete and licenses to acquire.
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