(Company Presentation CSIROE October 2020, Page 16). Talga Group Ltd is a technology minerals company. Theres so much money to be had in battery recycling. The immediate plan is setting up the design, implementation and start-up of the process for making materials from mined ores for lithium ion batteries. 37m @ 29.6% Cg, 103m @ 17.9% Cg (from 55m) NIS22006 incl. The company mines graphite in Sweden, operates a test processing facility in Germany under Talga Advanced Materials GmbH and has a product development arm, Talga Technologies UK Ltd located in Cambridge, UK. You will provide guidance and support on the development of the mining contract for the new mine. The recent market recognition of our pragmaticapproach in using metallurgical-grade silicon to provide performance at significantly lower potentialcost is a sign that our team had great forethought in the development of this unique product andprocess. 2) Mine permitting will enable JV with Mitsui to be resolved. Talga not only mines graphite, but it also develops graphite anodes that are used in battery manufacturing. We note that's an . Talga's graphite/graphene strategy. In December 2019, the company announced the commencement of a new large-scale trial of its coating product Talcoat, a graphene additive for maritime coating. 3) Mine permitting will enable offtake agreements to be resolved. We'll see.. Talga announced that they have received an expression of interest from Nordic Investment Bank(NIB). But I do love the full cycle mine - to battery - to recycling that NeoMetals and Magnus are pursuing. Sweating on commercial agreements, with MITSUI partner MOUexpiring June 30! Talga Resources shares (TLG) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Create an account to follow your favorite communities and start taking part in conversations. It's free. It explains the delay in finalising the ACC off-take agreement. Advertisement Advertisement New questions in Araling Panlipunan. The extended MoU between Talga and Mitsui continues the intent to advance potential co-development of Talga's Vittangi Anode Project in Sweden through Joint Venture. Extended to 31 March 2023 and this extension is expected to align with expected finalisation of execution plans. is here. 3) Exploration of advanced commercial partnersunderway. Another positive in this report is that it signifies the completion of exploration expenditure for the time being, reducing cash burn going forward, during this its transition from an anode developer to an anode producer. It is important to realize that unlike lithium, Nickel or Cobalt Anode Materials require customer testing in batteries at increasing volumes to enter long-term contracts. As part of it its plan to become a vertically integrated miner, processer and supplier, Talga holds a 100% interest in graphite and graphene processing facility in Germany, based on its proprietary . Here are the slides for Talgas presentation over the next 2 days at the Batteries Magafactories Berlin Event, https://www.talgagroup.com/irm/PDF/169ae087-bf7c-432a-9e3f-775252a74869/TalgaPresentationBenchmarkBatteryMegafactories2022. We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. April 21, 2202, Talga Group announced their permit application has progressed to a court hearing. The current first program for the Kirchardt plant is a small-series production of modules, packs and . The full-scale production is planned for 2023. Does anyone have an idea what the correct market cap could be for Talga and the logic and rational for expectation. Relations and Public Affairs of the EU, ABB. General discussion on decarbonised transport, renewables, batteries, graphite, and graphene is also welcome here. Talga). Construction costs will also escalate by 8-15% due to the delay.Annoying. The final phase ofTalgas Niska South trial mine is an important step in establishing our Europeanvertically integrated green anode business, which we believe will become asignificant supplier to this key battery and EV market. 4) Talga EVA plant is uner construction, with coated anode production scheduled for Q1 2022. Until March 2023, new Model 3 and Model Y vehicles qualify for a $7,500 federal tax credit for eligible buyers. Not only is it positive to see this extension, as to me it suggests they are on to something worthwhile, but something I find exciting is the sentence I have emboldened below. Key takeaways: 1) Talga and FREYR to work towards commecail supply of Talnode range of anode materials. How disgusting is it that China Synthetic creates nearly 35 tonnes of CO2-eq per 1 tonne of coated anode. Processing steel slag to extract vital elements sure beats dumping the slag into landfill or even repurposing as road base. The results are an improvement on resource drilling to date, and include: The high grade and large scale of our100% owned Vittangi graphite deposits are truly world class and provide a uniqueopportunity to make massive amounts of anode for batteries from minimal volumes of ore.Across the length of the Nunasvaara South deposit, just 1 metre depth of extracted ore canfeed 1 year of planned 19,500tpa anode production. The market didn't like the delay, but it was inevitable. Some key takeaways: European battery production to grow by around 275 GWhr per annum over the next 10 years. A big news month for Talga, as the long awaited DFS is due by the end of the month, and the MOUwith Mitsu expire om June 30. Talga is also engaged in advanced discussions and due diligence processes with other parties under NDA regarding project financing and partnerships. This is all good stuff but I would rather hear more about their Talnode-Si development, and progress on solid state batteries. trial mine includes extensive environmental monitoring systems, and sockpiling of topsoil for rehabilitation of the 100 x 100 m trial mine site at the end of the 2021 campaign. Critical Raw Materials, such as graphite are a huge concern, as exemplified in recent, Supply chain risks are a huge concern of the EU, which is exemplified in the recent example of the disruption to Europe's. Going forward, Mitsui and Talga will continue negotiations regarding the development of the project. If they can do this, graphite will not be required in Tesla Lithium ion batteries. Talga CEO Europe Martin Phillips joined members of Swedish Parliament, Mattias Karlsson and Emilia Tyr, as well as representatives from the Electrification Commission, Swedish Energy Agency and @LKABgroup to discuss the challenges and opportunities of electrification. Special Report: Talga Resources is not your everyday, aspiring graphite miner. He explained that he wanted to avoid a stronger dilution and is aiming to finance the mine and other projects in a non-dilutive way, which he was very confident about. The center is a significant expansion of Talgas UK R&D facilities, first launched in 2016. Feel free to follow me on twitter if you enjoy my articles.All opinions are my personal ones and are not an investment advice. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Also found this article reporting the Industrial Development that will be the hoem of Talga has been approved hereThe article refers to a company called "Talga Graphene" will be the anchor tenant. The national interest area covers the entirety of Talgas currently defined Vittangi graphite resources and undrilled extensional deposits. Talga has successfully commissioned and is now operating its Electric Vehicle Anode (EVA) qualification plant in northern Sweden to supply coated anode for battery customer qualification The EVA plant uses graphite concentrate from the Company's wholly-owned Vittangi Graphite Project to produce Talga's flagship Li-ion battery anode product . Unsubscribe whenever your want. Development will include battery materials lab, and battery cell making facilities for cycle testing. The graphene industry seems to be flourishing, at least when looking at the valuations of public companies. Talga Resources, SolGold and more. Pretty good, and opens up new markets, such as aircraft, which require high power densities. Our growth is strategically designed to match the growth of the wider industry. Copyright 2023 Strawman Pty Ltd. All rights reserved. Thompson's Talga Resources plans to convert high-grade graphite from Sweden into a material called graphene, which is stronger than steel, conducts electricity better than copper and is so light and flexible that companies like Samsung Electronics Co are using it to develop new devices. EDIT: Key outcomes that are potential tailwinds & a threat! This will in turn enable financing, and commercial negotiations to be fianlised. According to the Pre-feasibility Study (PFS) conducted in 2019, Talgas mine exhibits pre-tax annual revenue of USD 188 million and IRR of 55%. . There will also be a share purchase plan on offer raising a further $10m with investors being entitled to apply for up to $30k each. I expect this MoU to develop in a development agreement in the coming months, maybe shortly after the results of the scoping study. The proceeds will be used to fund Vittangi Anode Project early works, including earthworks and site infrastructure at the Lule anode refinery site, commencement of procurement of anode equipment and detailed engineering, scaled up EVA production, silicon anode scale-up including securing commercial site, and general working capital (including costs of the Placement). 6)Exploitation (mining) and environmental permits were submitted to relevant authorities in May 2020. Talgas mine and anode production facility is located in Sweden, a country with almost half of the electricity production which is covered by hydroelectric power stations. Secondly, Benchmark EV Fest - Graphite vs Silicon presentation. As we reported earlier this year, graphene stocks have risen nicely towards the end of 2020, and the trend continues in 2021 for most companies. 1.Introduction. The company has raised additional equity in the past and have done it in an investor-friendly manner. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Valmet Automotive has started the series production of battery systems in Kirchardt, the Finnish company's first battery plant in Germany. But the UK has indicated it wants 200k tonnes, and TLG is already looking at further expansion. 2) Mark Thompson flagged an increase / expansion in production is forthcoming in updated feasibility / scoping studies, due to increasing customer demand. Unfortunately, these engagements are under active non-disclosure agreements. Talga is well situate to help Europe achieve its push into electrification as well as its push for locally sourced battery materials. https://www.politico.eu/article/sweden-test-fast-ferry-traffic-congestion/, Talga presented at Oslo Battery Day 22 Aug 22. A good Straw offers a clear and concise perspective on the company and its prospects. ", "We are now looking for a Project Director who will be strategically responsible for ensuring the establishment, both regarding the property itself and the industrial equipment. EU's Net Zero Industry Act & Critical Raw Materials Act - Significant address at Davos from 12:30.here. 2 Richardson St There is a disconnection between EU and Swedish government policy, inhibiting progress. That's 1 metre of excavation across the Stage 1 pits to deliver about $195 M USD of anode per annum, minimising the environmental impact of the mining operation, energy intensity, and production costs. Talnode-Si is a composite of graphite, graphene and ~50% silicon designed to significantly boost battery energy capacity when blended into existing commercial graphite anode materials. So one day soon 1 million tonnes @ $12k basket. For the best experience, we recommend upgrading or changing . Ive been watching the share price for a little bit now since its run up toward $2 it seems to have based here and positioned for a big move on any news.. what can we expect within the next month?? Expect expanded resource size & anode production capacity. Given the significant demand, and excellent economics of the project, I have assumed Talga Group is able to finance the project with 70% debt, with Talga Group needing to raise the remaining 30%. The MoU, now extended until 31 March 2023, builds on discussions to date under an agreement first signed by the parties in 2020 (ASX:TLG 20 March 2020). On November 24, Talga released a progress update on the construction of the EVA Pilot plant, reporting the plant remains on track for commissioning in Q1 2022. For Talga, there are big economic and performance advantages to becoming Europes first anode producer. Vincenzo Conforti - Head of Govt. Unsubscribe whenever your want. Investment fund Amati Strategic Metals is designed to generate returns from the world's march towards net zero. It appears there are plans to significantly increase the scale of Taga's anode production plans, given the demand, and the scale of their as yet only partially defined deposit. Board (CAB) stated the Project's closure risks, reindeer herding risks, and water quality risks could be successfully managed, and that t. The Swedish Environmental Protection Agency and Swedish Agency for Marine and Water Management have advised they will not be making further submissions, following prior consultations throughout the project. The carbon footprint declaration will become mandatory under the incoming new EU Batteries Regulation.. Talga Mining Sweden - 100%-owned high-grade graphite deposits - the largest resources in Europe and highest grade JORC-compliant resource in world. Talnode-Si aims to address the two most important characteristics of the current battery technology to increase the capacity and to reduce its loss after charging cycles. Commercial production scheduled for 2024 commencement. They want to make anode battery material in Europe, with greenly extracted graphite. Also, Talga responds to speeding ticket issued today, after share price surges 30%, on very high turnover: "The Company notes thatthe battery materials sector, in which Talga operates, has recently seen asignificant increase in positive sentiment. The company initially developed the graphene coating as an alternative to traditional coating methods that incorporate harmful chemicals and materials and first applied Talcoat to the hull of a ship back in late 2019 as part of a sea trial to test the coatings robustness out in the tough ocean environment. Discovered in 2004, graphene is a super material renowned for its incredible strength and conductivity. Worth a listen for shareholders and those interested in Talga. This is due to the increasing supply / demand imbalance, an the increase in quality of the anode material (refer point 2 above). Also, value add for R&D/product pipeline potential. Responsibilities will include optimizing mine designs and liaising with engineering and mining personnel to ensure the mine plans are executed efficiently and safely. In the short to medium term, strong demand. To me, it appears that the most significant permitting risks have been dealt with. Talga expecting to sell one tonne of anode at $11250. The graphite projects include Vittangi, Jalkunen, and Raitajarvi. Miners say graphite is poised to be lithium 2.0, Market Highlights: Get some Zen ahead of Central Bank Week, and 5 ASX small caps to watch on Tuesday, We need +330 mines in 12 years to feed battery demand. This has huge implications fo rthe anode supply chain in Europe - Link here. Simultaneously, it became apparent to Talga that electrification of transport would become a global long-term growth story. Based on the Court's preliminary timetable, public statements need to be submitted by June 23, and the formal hearing will commence in the European Autumn. Following encouraging early test results, further technical and commercial development of Talnode-Si has been underway at Talgas facilities in Europe. Press question mark to learn the rest of the keyboard shortcuts. The Company is focused on graphite exploration, research and development. Sell.". Key takeaways: 1) Mine & production life extended from 22 to 24 years. Talga Group has been active over November on the IR front. Mining ) and all prices are in Australian dollars Group announced their permit application has progressed a. Will also escalate by 8-15 % due to the delay.Annoying talga resources tesla at least when looking at the batteries Magafactories Event! 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Government policy, inhibiting progress also develops graphite anodes that are used in manufacturing! And safely that are used in battery recycling a threat Event, https //www.politico.eu/article/sweden-test-fast-ferry-traffic-congestion/. Be flourishing, at least when looking at the valuations of Public companies value add for R & facilities.
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