Renascor Resources Limited (ASX: RNU) (Renascor) is pleased to announce that it has lodged its draft Response Document with the South Australian Department for Housing and Urban Development (DHUD) for its planned PSG manufacturing facility, the downstream portion of Renascor's planned vertically integrated Battery Anode Material (BAM) project.
Renascor's submission of the draft Response Document, which follows its previous completion of an EIS for the proposed site in Bolivar, South Australia2, initiates the final stage of the South Australian Government's assessment process for Renascor's proposal to construct a state-of-the-art manufacturing facility to produce up to 100,000 tonnes per annum of PSG for use in lithium-ion battery anodes.
Commenting, Renascor's Managing Director, David Christensen stated: 'The lodgement of our draft Response Document for our planned PSG facility in South Australia is a significant milestone in the development of our BAM project and is underpinned by extensive stakeholder engagement and technical studies, independent technical reviews and comprehensive discussions with DHUD, the City of Salisbury council and relevant state agencies, local residents and other interested parties over several years. 'We look forward to continued engagement with DHUD, the local community and the State Government as we seek regulatory approval for our PSG facility and advance our plans to construct and operate a state-of-the art manufacturing facility to supply globally competitive Purified Spherical Graphite for the lithium ion battery sector.'
Graphite Mining Operation
Renascor previously obtained its primary approvals for the construction and operation of the mining operation at its proposed mine near Arno Bay, South Australia, following the approval of the Program for Environment Protection and Rehabilitation from the South Australian Department for Energy and Mining3.
PSG Manufacturing Facility Under South Australian legislation, approval for the construction and operation of Renascor's proposed PSG manufacturing operation in Bolivar, South Australia 4 is subject to a multi-step impact assessment process for developments considered to be of economic, social or environmental importance to South Australia and, which due to the projects' nature, scale and extent, cannot be properly considered under the State's Planning and Design Code or other pathways. In December 2022, the South Australian Planning Minister declared Renascor's proposed PSG facility at Bolivar to be an impact assessed development. As outlined in figure 3 (next page), following the impact assessment declaration, the development assessment process requires that the project proponent prepare and lodge a development application with the Planning Minister, which then triggers a review process to determine the level of detail required for an EIS.
On 7 March 2023 Renascor lodged a development application for the proposed PSG facility. Renascor's development application included baseline environmental studies regarding the characteristics of the site and detail on the potential impacts of the project. Following consultation with Council and State government agencies, the State Planning Commission released the assessment requirements for Renascor's EIS on 30 March 2023. Renascor subsequently prepared an EIS to describe the potential environmental, social and economic impacts of the proposed PSG facility on the project development area and the surrounding community. Following publication of the EIS in August 2024, Renascor undertook further extensive consultation with community stakeholders and local and state government agencies as part of a public consultation process. The consultation process included face-to-face and targeted meetings, preparation of fact sheets, government briefings, meetings with local and community groups, website updates and solicitation of comments. Renascor has now prepared a draft Response Document from the public consultation process that responds to feedback from local stakeholders, DHUD and other referred government agencies. Renascor's submission of the draft Response Document initiates the final stages of South Australia's development assessment process, with the draft Response Document and Renascor's previous submissions subject to final review by the South Australian State Planning Commission, the state's independent, principal planning body.v
The State Planning Commission will prepare an assessment report and recommendation for the PSG facility for determination by South Australia's Planning Minister. Subject to a favourable determination by the Planning Minister (or approved delegate), a development approval would allow Renascor to construct and operate a state-of-the-art manufacturing facility to produce up to 100,000 tonnes per annum of PSG for use in lithium ion battery anodes. This ASX announcement has been approved by Renascor's Board of Directors and authorised for release by Renascor's Managing Director David Christensen.
Contact:
David Christensen
Managing Director
Tel: +61 8 8363 6989
Email: info@renascor.com.au
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