Tag: EV revolution

RENASCOR Resources (ASX: RNU) has completed the Definitive Feasibility Study (DFS) at its 100pc owned Siviour graphite project in South Australia. The proposed Siviour mine would be an open pit with an adjacent graphite production plant, which the company said has the potential to be a world-class, low OPEX project. The DFS, completed by Royal IHC and Wave International, has been based on staged development, aiming for an average production of 80ktpa during the first stage, before expansion in year five that would be funded through the expected cash flows, ramping up production to 144ktpa between years five to 10. The projected life of mine operating cost is expected to be about $508/t, which according to the company is amongst...

WHILE 68pc of global nickel is still used for the production of stainless steel, and only 3pc for battery metals, an announcement by the Chinese government may have changed the fortune of the metal, along with the future of the automotive industry forever. In 2018, China sent ripples throughout the car manufacturing and mining worlds when it announced its New Energy Vehicle (NEV) deal. The deal set a quota for the number of zero-emissions vehicles that carmakers must sell, with companies each receiving a certain number of credits, depending on certain characteristics of the vehicles. From 2019, major Chinese manufacturers would be punished unless they met quotas for zero and low-emission cars, or bought credits from companies that did not...