Siviour proves up for Renascor

A scoping study on the Siviour graphite deposit, in South Australia, has estimated that the project could produce some 123 000 t/y of graphite concentrate over a 20-year mine life. ASX-listed Renascor Resources on Tuesday noted that the project would require a capital investment of some A$144-million, with the 1.65-million tonne a year operation expected to have an after tax net present value of A$551-million and an internal rate of return of 59%.