Australia's Renascor Resources rises on licensing agreement

Renascor Resources

10/08/2023 06:11

** Shares of Renascor Resources  RNU.AX  rise as much as
3.6% to A$0.145
     ** Mineral explorer says entered into a licensing agreement
with Dorfner Anzaplan for the downstream purification process
    ** Co says agreement to apply a hydrofluoric acid free
purification process to produce battery-grade purified spherical
graphite
    ** Co to produce battery-grade purified spherical graphite
at its planned downstream manufacturing facility in South
Australia
    ** Stock has fallen 34.9% this year as of last close

 (Reporting by Aishwarya Nair in Bengaluru)
 ((Aishwarya.Nair@thomsonreuters.com; +91-9167838937 Twitter: https://twitter.com/Aishwaryartrs
 ;))