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SPHERICAL graphite from South Australia could soon be used in lithium-ion batteries for electric vehicles in South Korea, under a deal struck between Renascor Resources and South Korean company POSCO.

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POSCO to buy Siviour ore.

Renascor and POSCO signed a non-binding strategic cooperation and offtake memorandum of understanding for purchase of 20,000-30,000 tonnes per annum of purified spherical graphite from Renascor's