• Construction of PSG demonstration facility commenced, with key milestones achieved
• Accommodation site secured near Siviour Graphite Deposit
• Expansion of Marree project with stand-out radiometric anomaly

Renascor Resources Ltd has made significant progress on the construction of its Australian Government co-funded Purified Spherical Graphite (PSG) demonstration facility in Adelaide. Key milestones achieved include the completion of major steelwork and structural framing, installation of filter presses and scrubber, and the arrival of all major mechanical and electrical equipment, excluding the kiln. The kiln has successfully completed off-site commissioning and is now in transit to Adelaide. Health, safety and environmental systems are fully established on site, with construction progressing under a zero lost-time injury record. The project remains on schedule, with on-site commissioning expected to commence this quarter, subject to timely receipt of overseas equipment. Renascor also secured an option over a proposed site for its accommodation facility to support the construction and operation of the planned graphite mining and processing operation. The site is located in the Cleve region of South Australia, with established local infrastructure and amenities. Additionally, Renascor expanded its Marree project, securing a stand-out, drill-ready radiometric anomaly, and advanced toward drilling at Bulloo Creek after completing an Aboriginal clearance survey. Renascor's cash position as of 30 September 2025 was approximately A$102 million.