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- Renascor Resources (RNU) says trials have validated the company’s purification process, which it uses to purify graphite for use in lithium-ion battery anodes
- A German-based business ran the locked-cycle trial, proving that RNU can purify its graphite using fewer reagents and no harmful chemicals, such as hydrofluoric acid
- The company added decreased reagents consumption offered better operational efficiencies for its planned Purified Spherical Graphite (PSG) manufacturing facility
- RNU will use the trial results to help inform the engineering works for its planned PSG facility in South Australia
- Company shares are up 6.52 per cent at 12.3 cents each
Renascor Resources (RNU) has released the results from recent trials which successfully tested the company’s graphite purification process.
RNU uses reagents, instead of harmful chemicals such as hydrofluoric acid, to purify its own natural flake graphite for use in lithium-ion battery anodes.
German independent battery mineral consultancy group, Dorfner ANZAPLAN, ran the locked cycle trial and validated the company’s process.
Pleasingly for RNU, the locked cycle program exceeded lithium-ion battery anode purity specifications, with results of up to 99.99 per cent carbon – above industry standard.
The results were also achieved with decreased reagent consumption in comparison to previous bench-scale tests completed by RNU.
RNU explained that the reagents consumption drop equaled increased operational efficiencies at its planned Purified Spherical Graphite (PSG) manufacturing facility.
“These results confirm that, not only will we be able to produce battery-grade graphite at globally competitive costs, but we can achieve these results whilst also delivering positive ESG outcomes,” Renascor Managing Director David Christensen said.
“The completion of the locked cycle tests is an important step in advancing and de-risking our Siviour Battery Anode Material project, with these results further underscoring the potential for Renascor to be a global leader in the production of 100 per cent Australian-sourced PSG for the lithium-ion battery market.”
The business will use all of the trial results to help inform its engineering works being planned for the planned PSG facility in South Australia.
Renascor Resources (RNU) were trading up 6.52 per cent at 12.3 cents each at 2:16 pm AEDT.
