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How Renascor's Siviour Project Low Carbon Footprint Can Change Graphite Mining? — ASX:RNU| ASX Mining News & Discussion
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Lykeshares
2y
Official
$RNU
How Renascor's Siviour Project Low Carbon Footprint Can Change Graphite Mining?
Renascor, an Australian graphite exploration and development company, has received good news after independent environmental consultancy company, Minviro Limited, completed a life cycle assessment (LCA) of the environmental footprint of Renascor’s 100%-owned Siviour Battery Anode Material Project in South Australia.
Minviro's cradle-to-gate assessment includes everything from mining, concentrating, spheronization, and purification, encompassing both Renascor’s proposed Siviour graphite mine and mineral processing plant near Arno Bay, South Australia and Purified Spherical Graphite (PSG) production facility in Bolivar, South Australia. The result shows the climate change impact of producing one tonne of PSG from the project will be approximately 2.0 tonnes of CO2 equivalent emissions (CO2e), indicating that Siviour's climate change impact compares favorably with current production of PSG from Heilongjiang, China, where producing one tonne of PSG results in approximately 7.0 tonnes CO2e.
Why It Matters
The graphite market is expected to continue to grow, with Benchmark Mineral Intelligence predicting an increase in battery
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anode demand of 300% by 2028 and policy initiatives such as the US Inflation Reduction Act incentivizing the growth of new supply chains to meet growing demand. China currently supplies approximately 70% of the global supply of graphite and 90% of global supply of anodes for lithium-ion batteries but has recently announced graphite export restrictions, highlighting the need for new ex-China supply sources like Renascor’s proposed project.
Renascor's Siviour Project has received primary mining approvals with the award of the Program for Environment Protection and Rehabilitation and has completed a Definitive Feasibility Study level assessment in the recently announced BAM Study. The result of the LCA is expected to help Renascor secure financing and offtake commitments. Overall, the Siviour Project has the potential to become a cleaner source of purified spherical graphite than currently exists in the market.
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L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
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Lykeshares
133d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares
164d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares
1y
Official
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Lykeshares
1y
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$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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