Renascor Signs Strategic Cooperation MOU with Mitsubishi Chemical Corporation — ASX:RNU| ASX Mining News & Discussion
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$RNU Renascor Signs Strategic Cooperation MOU with Mitsubishi Chemical Corporation

Renascor, an Australian graphite mining company, has entered into a non-binding Strategic Cooperation Memorandum of Understanding (MOU) with Mitsubishi Chemical Corporation, Japan's largest chemical corporation and one of the world's largest producers of lithium-ion battery anode materials. The MOU opens up the possibility for Mitsubishi Chemical to purchase Graphite Concentrates, Purified Spherical Graphite (PSG), and other graphite products from Renascor's Siviour Graphite and Battery Anode Material Project (BAM Project) in South Australia.

Confirmation of Major Graphite Deposit Extension

Further drilling at the Siviour Graphite Deposit has confirmed a significant extension of the deposit. Assays from the drilling indicate the continuity of widespread, high-grade graphite over an area extending over 3 km immediately north of the Siviour Mineral Resource. Renascor believes that this new drilling offers the potential for a substantial increase in the Siviour Mineral Resource and supports extensions to the current pit design for future expansions.

Procurement of Long-Lead Time Items Initiated

Renascor ...
Renascor Signs Strategic Cooperation MOU with Mitsubishi Chemical Corporation

Lykeshares Official
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Lykeshares Official
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Lykeshares Official
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