“Graphite projects are historically very difficult to finance;...

“Graphite projects are historically very difficult to finance; it is an industrial mineral, offtake is difficult and its very hard to finance these kinds of projects,” Renascor MD David Christensen said at this year’s Battery Minerals conference.

He noted that while most small scale projects were still faced with a fixed infrastructure cost, which could impact operating costs, the Siviour project was located in an area of established infrastructure.

“We believe we can start on a small scale and still have a very competitive operating cost of $600/t. Or alternatively we can go large and push operating cost to among the lowest in the world.”

http://m.miningweekly.com/article/siviour-size-dependent-on-funding---renascor-2019-03-12/rep_id:3861