RNU 4.55% 10.5¢ renascor resources limited

General Discussions, page-29169

  1. abo
    269 Posts.
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    Looking at other, future options…………..
    There is undoubtedly a fixation on the EV market for our yet to be mined resource
    and like most ,was my reason for buying into RNU. A big lucrative market.
    However, (a ‘what if ‘ moment)
    Keeping things more local which seems to be a politiced future path . Both SA and Fed Govt are keen on
    re developing the Whyalla steel works into a green steel hub and rebirthing the production of steel in SA.
    Green steel relies on hydrogen and an electric arc furnace .
    For this you need graphite………….a lot of graphite.
    Maybe left field but I’ll take any offer for our resource currently if it means a reversal in SP decline.
 
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