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Renascor Resources Limited ( (AU:RNU) ) just unveiled an announcement.
Renascor Resources reported strong progress on its Australian Government co‑funded purified spherical graphite (PSG) demonstration facility in Adelaide, with major purification circuit equipment now installed, utilities and infrastructure commissioning underway, and mechanical, piping, electrical and control systems advancing in line with schedule and without lost-time injuries. The company is simultaneously de‑risking its proposed upstream mining operation through optimisation workstreams and field studies, advancing exploration at multiple South Australian prospects, and supporting these growth plans with a solid cash position of approximately A$97 million at the end of December 2025, underscoring its capacity to complete the demonstration facility and further position itself within the battery materials supply chain.
The most recent analyst rating on (AU:RNU) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Renascor Resources Limited stock, see the AU:RNU Stock Forecast page.
More about Renascor Resources Limited
Renascor Resources Limited is an Australian resources company focused on developing purified spherical graphite (PSG) production facilities and upstream mining operations, with projects in South Australia including a PSG demonstration plant in Adelaide and exploration assets such as Bulloo Creek, Tumby Bay and the Marree Project.
Average Trading Volume: 3,168,056
Technical Sentiment Signal: Buy
Current Market Cap: A$236.6M
Find detailed analytics on RNU stock on TipRanks’ Stock Analysis page.