{"id":2352,"date":"2023-11-28T01:06:49","date_gmt":"2023-11-28T01:06:49","guid":{"rendered":"https:\/\/economicherald.net\/?p=2352"},"modified":"2023-11-28T01:06:49","modified_gmt":"2023-11-28T01:06:49","slug":"renascor-resources-land-buy-to-accelerate-push-to-graphite-production","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=2352","title":{"rendered":"Renascor Resources land buy to accelerate push to graphite production"},"content":{"rendered":"

Renascor Resources acquiring freehold land that hosts its Siviour graphite deposit in South Australia
\nPurchase will facilitate additional on-ground preparatory works and the planned transition from development into construction
\nCompany continuing to accelerate upstream portion of BAM project to meet forecast shortage in graphite concentrates<\/p>\n

\u00a0<\/p>\n

Special Report:<\/em> Renascor Resources has entered into a land purchase agreement for the freehold property that hosts its Siviour graphite deposit in South Australia to facilitate the planned transition from development into construction.<\/strong><\/p>\n

The Siviour deposit has one of the largest graphite ore reserves<\/strong><\/a> outside of Africa with 16.8Mt at 8.2% total graphitic content, or 1.4Mt of contained graphite, enough to support graphite concentrate production of up to 150,000tpa for 40 years.<\/p>\n

Renascor Resources\u2019 (ASX:RNU)<\/strong><\/a> Battery Anode Material (BAM) study completed earlier this year found that the project can deliver a globally competitive gross operating cost for purified spherical graphite of US$1,782 per tonne over the first 10 years and US$1,846\/t over LOM (life of mine).<\/p>\n

This includes graphite concentrate operating costs of US$405\/t over the first 10 years and US$472\/t over LOM to deliver post-tax unleveraged NPV of $1.5bn, unleveraged IRR of 26%, and average annual EBITDA (earnings before interest, taxes, depreciation, and amortisation) of $363m<\/p>\n

NPV (net present value) and IRR (internal rate of return) are both metrics used to assess the profitability of a project.<\/p>\n

With graphite demand projected to continue growing and China moving to potentially restrict graphite exports, it is no wonder that the company decided to accelerate development<\/strong><\/a> of its planned BAM mine and manufacturing operation in South Australia.<\/p>\n

\u00a0<\/p>\n

Land deal<\/strong><\/h2>\n

As part of this acceleration, RNU entered into the deal to acquire the entire freehold land underlying ML 6495, the site of the upstream portion of its proposed BAM project.<\/p>\n

Acquiring this freehold land hosting both the Siviour deposit and the wider mineral lease will facilitate additional on-ground preparatory works and the planned transition from development into construction as part of its strategy to accelerate the upstream development to meet forecast near-term shortages of graphite concentrates.<\/p>\n

\u201cThe land acquisition agreement announced today continues our successful collaboration with the Siviour family, the long-standing owners of the freehold land hosting the world-class Siviour graphite deposit, and provides a positive outcome for the both the Siviours and Renascor,\u201d managing director David Christensen said.<\/p>\n

\u201cWe look forward to continuing to work with the residents of the district as we look to provide significant new opportunities for the wider Eyre Peninsula community as we develop the world class Siviour graphite project.\u201d<\/p>\n

\u00a0<\/p>\n\n

\ufeff<\/span>\u00a0<\/p>\n

This article was developed in collaboration with Renascor Resources, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n

\u00a0<\/em><\/p>\n

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n

<\/span><\/p>\n

The post Renascor Resources land buy to accelerate push to graphite production<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Renascor Resources acquiring freehold land that hosts its Siviour graphite deposit in South Australia Purchase will facilitate additional on-ground preparatory works and the planned transition [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":2353,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nRenascor Resources land buy to accelerate push to graphite production - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=2352\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renascor Resources land buy to accelerate push to graphite production - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"Renascor Resources acquiring freehold land that hosts its Siviour graphite deposit in South Australia Purchase will facilitate additional on-ground preparatory works and the planned transition [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=2352\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-28T01:06:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/push-ighDAY.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2352#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2352\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Renascor Resources land buy to accelerate push to graphite production\",\"datePublished\":\"2023-11-28T01:06:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2352\"},\"wordCount\":478,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2352#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/push-ighDAY.jpeg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=2352#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2352\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=2352\",\"name\":\"Renascor Resources land buy to accelerate push to graphite production - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2352#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2352#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/push-ighDAY.jpeg\",\"datePublished\":\"2023-11-28T01:06:49+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2352#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=2352\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2352#primaryimage\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/push-ighDAY.jpeg\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/push-ighDAY.jpeg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=2352#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Renascor Resources land buy to accelerate push to graphite production\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"name\":\"Economic Herald\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/economicherald.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\",\"name\":\"Economic Herald\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"width\":850,\"height\":760,\"caption\":\"Economic Herald\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Renascor Resources land buy to accelerate push to graphite production - Economic Herald","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/economicherald.net\/?p=2352","og_locale":"en_US","og_type":"article","og_title":"Renascor Resources land buy to accelerate push to graphite production - Economic Herald","og_description":"Renascor Resources acquiring freehold land that hosts its Siviour graphite deposit in South Australia Purchase will facilitate additional on-ground preparatory works and the planned transition [more...]","og_url":"https:\/\/economicherald.net\/?p=2352","og_site_name":"Economic Herald","article_published_time":"2023-11-28T01:06:49+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/push-ighDAY.jpeg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/economicherald.net\/?p=2352#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=2352"},"author":{"name":"","@id":""},"headline":"Renascor Resources land buy to accelerate push to graphite production","datePublished":"2023-11-28T01:06:49+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=2352"},"wordCount":478,"commentCount":0,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"image":{"@id":"https:\/\/economicherald.net\/?p=2352#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/push-ighDAY.jpeg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/economicherald.net\/?p=2352#respond"]}]},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=2352","url":"https:\/\/economicherald.net\/?p=2352","name":"Renascor Resources land buy to accelerate push to graphite production - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/economicherald.net\/?p=2352#primaryimage"},"image":{"@id":"https:\/\/economicherald.net\/?p=2352#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/push-ighDAY.jpeg","datePublished":"2023-11-28T01:06:49+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=2352#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=2352"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/?p=2352#primaryimage","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/push-ighDAY.jpeg","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/push-ighDAY.jpeg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=2352#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"Renascor Resources land buy to accelerate push to graphite production"}]},{"@type":"WebSite","@id":"https:\/\/economicherald.net\/#website","url":"https:\/\/economicherald.net\/","name":"Economic Herald","description":"","publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/economicherald.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/economicherald.net\/#organization","name":"Economic Herald","url":"https:\/\/economicherald.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","width":850,"height":760,"caption":"Economic Herald"},"image":{"@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/2352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2352"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/2352\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/media\/2353"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}