Renascor Resources (RNU) H2 2026 earnings summary

Executive summary

• Completed construction and commissioning of the Purified Spherical Graphite (PSG) demonstration facility in Adelaide, advancing the hydrofluoric acid-free purification process and producing battery-grade material for customer qualification.

• Maintained strong financial discipline, ending the year with approximately A$94 million in cash, supported by a $5 million government grant and a conditionally approved $185 million loan facility.

• Advanced exploration at the Marree Project, identifying significant copper and uranium targets and expanding tenement holdings through a farm-in agreement.

Financial highlights

• Revenue for FY2026 was $5.05 million, primarily from interest income, compared to $5.06 million in FY2025.

• Net profit after tax was $864,494, down from $1,829,388 in the prior year, reflecting increased expenses and an impairment of $1.14 million on exploration assets.

• Cash and cash equivalents at year-end totaled $14.35 million, with an additional $80 million in term deposits.

• Total assets were $175.37 million, with net assets of $172.39 million.

• No dividends were declared or paid.

Outlook and guidance

• Focus remains on validating the integrated purification process, securing binding offtake agreements, and progressing toward a final investment decision for the BAM Project.

• Continued exploration and development at Marree and other South Australian projects, with planned drilling of high-priority copper and uranium targets.

• Ongoing engagement with government and industry partners to secure supply chain and financing support.