Renascor Resources Secures Government Funding for South Australia Project

MT Newswires Live07-11

Renascor Resources (ASX:RNU) secured a AU$5 million grant under the Australian Government's International Partnerships in Critical Minerals Program for its Battery Anode Material project in South Australia, according to a Thursday filing with the Australian Securities Exchange.

The grant has been awarded for co-funding up to 49.9% of the capital cost of a AU$10 million demonstration processing plant for purified spherical graphite for lithium-ion battery anodes. The plant, processing graphite concentrates from the company's Siviour deposit, will incorporate design work from the August 2023 definitive feasibility level battery anode material study, the filing said.

The grant application was supported by POSCO International (KRX:047050) and Hanwa Co (TYO:8078), the company said.

Renascor Resources shares rose 2% in morning trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2450779198?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-07-11 10:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2450779198","market":"nz","top_or_hot":-1,"title":"Renascor Resources Secures Government Funding for South Australia Project","media":"MT Newswires Live","content":"<html><body><p> Renascor Resources (ASX:RNU) secured a AU$5 million grant under the Australian Government's International Partnerships in Critical Minerals Program for its Battery Anode Material project in South Australia, according to a Thursday filing with the Australian Securities Exchange.</p><p>The grant has been awarded for co-funding up to 49.9% of the capital cost of a AU$10 million demonstration processing plant for purified spherical graphite for lithium-ion battery anodes. The plant, processing graphite concentrates from the company's Siviour deposit, will incorporate design work from the August 2023 definitive feasibility level battery anode material study, the filing said.</p><p>The grant application was supported by POSCO International (KRX:047050) and Hanwa Co (TYO:8078), the company said.</p><p>Renascor Resources shares rose 2% in morning trading.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Renascor Resources Secures Government Funding for South Australia Project</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRenascor Resources Secures Government Funding for South Australia Project\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-11 10:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Renascor Resources (ASX:RNU) secured a AU$5 million grant under the Australian Government's International Partnerships in Critical Minerals Program for its Battery Anode Material project in South ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RNU.AU","symbol_name":"RENASCOR RESOURCES LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2450779198","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2450779198","pubTimestamp":1720664421,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Renascor Resources  secured a AU$5 million grant under the Australian Government's International Partnerships in Critical Minerals Program for its Battery Anode Material project in South Australia, according to a Thursday filing with the Australian Securities Exchange.The grant has been awarded for co-funding up to 49.9% of the capital cost of a AU$10 million demonstration processing plant for purified spherical graphite for lithium-ion battery anodes. The plant, processing graphite concentrates from the company's Siviour deposit, will incorporate design work from the August 2023 definitive feasibility level battery anode material study, the filing said.The grant application was supported by POSCO International  and Hanwa Co , the company said.Renascor Resources shares rose 2% in morning trading.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RNU.AU":"RENASCOR RESOURCES LTD","XJO.AU":"标普/澳交所 200指数","BK7095":"多种金属与采矿","XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数","BK7083":"煤与消费用燃料"},"translate_title":"Renascor Resources为南澳大利亚项目获得政府资助","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XAO.AU":1,"XJO.AU":1,"XKO.AU":1,"RNU.AU":0.9},"content_text":"Renascor Resources (ASX:RNU) secured a AU$5 million grant under the Australian Government's International Partnerships in Critical Minerals Program for its Battery Anode Material project in South Australia, according to a Thursday filing with the Australian Securities Exchange.The grant has been awarded for co-funding up to 49.9% of the capital cost of a AU$10 million demonstration processing plant for purified spherical graphite for lithium-ion battery anodes. The plant, processing graphite concentrates from the company's Siviour deposit, will incorporate design work from the August 2023 definitive feasibility level battery anode material study, the filing said.The grant application was supported by POSCO International (KRX:047050) and Hanwa Co (TYO:8078), the company said.Renascor Resources shares rose 2% in morning trading.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2450779198"}