Renascor pursues an increase in PSG production capacity
2021-04-01 14:34:11 [Print]
BEIJING (Asian Metal) 1 Apr 21 - Australian-based Renascor Resources Limited has successfully executed three 10-year Offtake MOUs that, once binding, could cover all of the Stage 1 production capacity of Renascor's planned Battery Anode Material operation in South Australia. Each of the Offtake MOUs is for up to 10,000tpa of Purified Spherical Graphite ("PSG").
Renascor continues to receive an increasing volume of inbound enquiries from leading anode and battery companies, and its current activities include initial customer product testing with these groups.
As a response to this strong level of demand, Renascor has commenced work to investigate an increase in Renascor's Stage 1 production capacity beyond the currently planned 28,000tpa of Purified Spherical Graphite.
In parallel, Renascor will bring forward feasibility work for a Stage 2 expansion of Renascor's planned Battery Anode Material operation in South Australia.
Renascor continues to receive an increasing volume of inbound enquiries from leading anode and battery companies, and its current activities include initial customer product testing with these groups.
As a response to this strong level of demand, Renascor has commenced work to investigate an increase in Renascor's Stage 1 production capacity beyond the currently planned 28,000tpa of Purified Spherical Graphite.
In parallel, Renascor will bring forward feasibility work for a Stage 2 expansion of Renascor's planned Battery Anode Material operation in South Australia.
