Our customers are the OEMs and brand names of the world., >> Now watch: 90 Seconds With Mark Thompson, Talga Resources. This coincides with the completion of the mining permitting process. A. Mr Stinson has over 35 years Executive and non-Executive Director experience, working for global innovation companies across a range of industry segments, along with a proven track record in leading international collaborations and joint ventures working with Yamaha, Honda, Chrysler and others. Given the available resources and projected demand, many expect future production far beyond the 120 kt/a that we know of so far. 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. ". Everything was going really well, but the timeline for brand new materials to enter production can be long, Thompson says. Email Lists 1) Mining permits progressing well, and expect approval in the first half of 2022. West Perth,Australia 6005. The ones that can be meaningfully scaled mid-term are coating and battery storage. Tesla is accelerating the world's transition to sustainable energy with electric cars, solar and integrated renewable energy solutions for homes and businesses. Moreover, the company is focusing on Talnode-Si preliminary feasibility studies that they plan to finalize in Q1 2021. For Talga to be a qualified supplier of an IPCEI is a big deal IMO, and improves the chances of receiving good finance arrangements with investment banks currently in negotiation with Talga. . Segment: Open Market Copyright 2023 Tradegate Exchange GmbH Please note terms & conditions DAX, MDAX, TecDAX and SDAX are registered trademarks of Deutsche Brse AG Automakers around the globe are rushing into the EV sector as the industry shifts to electrification and self-driving cars. But I do love the full cycle mine - to battery - to recycling that NeoMetals and Magnus are pursuing. So, a positive and a negative. Further, they consider locally produced graphite could help strengthen the competitiveness of the Swedish battery manufacturing industry and that, as the known highest grade graphite deposit in the world, Vittangi could meet a great need not only within Sweden but internationally., VITTANGI HAS A TOTAL JORC RESOURCE OF 12.3MT AT 25.5% GRAPHITE (CG), THE HIGHEST RESOURCE GRADE OF ANY JORC/NI 43-101 GRAPHITE DEPOSIT IN THE WORLD. Talga Group Ltd is an Australia-based battery company engaged in the production of battery anodes and graphene additives. Create an account to follow your favorite communities and start taking part in conversations. Some further thoughts on the Non-binding offtake agreement announcement today: 1) The offtake agreement is with Automotive Cells Company (ACC), a JV between Mercedes Benz, SAFT, & Stellantis. If they can do this, graphite will not be required in Tesla Lithium ion batteries. Funding and permitting risks are falling away. The feedstock from the trialmine will be used for advanced qualification trials at our EVA anode plant with arange of global customers as we scale up towards commercial production in 2024.. In August 2020, Talga Resources raised AUD 10 Million in institutional placement. Talga Group Ltd is a technology minerals company. The information is not intended to imply any recommendation or opinion about a financial product. 35 talking about this. Talga is a battery anode and advanced materials company accelerating the global transition towards sustainable growth. This field is for validation purposes and should be left unchanged. Talga continues to positively engage with authorities as permits progress through the approvalsprocess, and is not aware of any impediment to the exploitation permit applications being granted. Targa Resources Corp. Lunch Update West Perth WA 6005 Expect a material re-rate once JV partnership is finalised (if favorable) & if mining permits granted. There is a disconnection between EU and Swedish government policy, inhibiting progress. A big red flag. Processing steel slag to extract vital elements sure beats dumping the slag into landfill or even repurposing as road base. 4) The off-take agreement is for 60% of Talga's maximum Stage 1 output. Here is the tweet. The company mines natural graphite, using 100% sustainable electricity and locally-produced materials. 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. With the positive spin around exploration results and pilot plan progress update, is was looking increasingly likely, Talga was not going to close a deal with LKAB & Mitsui. So, how does one value Talga? Its great timing.. We'll see.. Talga announced that they have received an expression of interest from Nordic Investment Bank(NIB). Talga Group reported the completion fo the two feasiblity studies into the feasiblity of a Talga anode refinery in the UK as part of UK Govt. 3) Exploration of advanced commercial partnersunderway. It's free. Tesla CEO Elon Musk made an unexpected visit to Germany this week to recruit new employees and discuss some issues related to the construction of Giga Berlin. Talga still owns those legacy projects, but graphite was always the focus. Worth a listen for shareholders and those interested in Talga. Talga Group Although the reported three month delay in the DFS seems like a worryingly long delay. The Talga share price is soaring after the company reported it has extended its MoU with Mitsui & Co. Europe Plc. The final pieces of the puzzle are mining permits, which, going by Tala's capital raise presentation in late 2022, is expected in the coming weeks; and financing with increasing interest from the EU innovation fund to support battery supply chain development. I like that this company is in the new battery sector, and the graphite industry as well. Morning Update British manufacturers and those in other parts of Europe want to move more of the supply chain for batteries used in electric cars and renewable energy away from China and closer to their plants, a survey showed on Tuesday -. June 24, 2020 announcement. This is where Talga, headed by affable managing director Mark Thompson, comes in. This has huge implications fo rthe anode supply chain in Europe - Link here. The combination of durable light-weight materials and high capacity electric batteries will lead to the adoption of flying personal vehicles one day. Talga Group has been active over November on the IR front. Talga Resources Ltd. Information Last Buy Sell Intraday 1 Week 1 Month 1 Year 5 Years Talga Resources Ltd. You will run Talgas' environmental work, where you are responsible for environmental management systems based in ISO 14001. 4) A number of supply optinos are being considered, including licencing Tagla's anode production technology, and co-locating production facilities in Norway. Talga is a vertically-integrated technology company that possesses both the natural resources and the technology to develop products that are likely to be in high demand from EV and battery manufacturers around the world. 1) key milestone of Vittangi DFS relaese - refer to previous straws. They want to make anode battery material in Europe, with greenly extracted graphite. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Importantly, should the study outcomes be favourable, it is expected that an investment memorandum for capital funding under the UK Govt'sATF capital investment scheme will be prepared, providing further funding / partnership optons. Talga Resources: 22: Sensient Tech: 25: iShs MSCI Taiw Indx: 7: KBC CLICK CSOB PB.FINANC.LOOKBACK 1: 25: Air Lease CPP Rg-A: 13: Moje portfolio. Talga Resources (ASX:TLG) DD Hey all, I'm new around here and I recently did a bit of a right up in my favorite ASX small cap TLG resources, mostly because I was frustrated with the stagnant share price and wanted to be reminded of all the great things this company has to offer. Lithium hydroxide (a processed form . Production of graphene-graphite precursors required to make Talnode-Si have been added to theNiska process flowsheet and scoping study, pushing release to November. The initial mine life is 20 years, but the Vittangi precinct is us yet to be fully explored. Stockhead is providing factual information where there is a reasonable likelihood of doubt. Talga has announced the launch of a fully underwritten institutional placement to raise USD$18.8 Million (AUD$25 million) before costs and a non-underwritten Share Purchase Plan to eligible shareholders to raise up to USD$7.5 Million (AUD$10 million). Graphite is significantly closer to the surface than anticipated, with just 0.5 - 3 metres of soil and cover. An update on the Vittangi graphite resource is expected in Q4 2022. And they want to move fast . By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. About Verkor - Verkor has significant backing, including Renault Group. The key features of this announcement are: 1) Talga and ABB have agreed to develop the Front End Engineering and Design (FEED) for the development of the concentrator and anode plant for Stage 1 for completion in June 2022. Talga expecting to sell one tonne of anode at $11250. Key takeaways: Based on the strong interest from industry and the anticipated permitting timeframes in Sweden,the Company has decided to expand the Niska scoping study of the Vittangi Project to review significantly larger anode production options. This is the final qualification phase prior to offtake agreements being signed. This is required for the final customer validation phase for anode materials. TALGA GROUP LTD TLG (ASX) - ASX Share Price & News Discussion | HotCopper Forum Companies ASX TALGA GROUP LTD TLG TALGA GROUP LTD - Discussion Market Cap $551.6M ! The world faces a growing demand for critical minerals to meet expanding demand for clean energy and low-carbon technologies to transition to low-carbon energy futures (Bazilian, 2018; Sovacool et al., 2020, Lbre et al., 2020).In particular, electric vehicles (EVs) will play a key role in decarbonizing transportation systems by reducing the use of fossil fuels and increasing . "Supporting the development of Talga's Vittangi Anode Project provides us with an additional opportunity to showcase ABB's leadership in industrial automation and smart electrification, applied towards construction of key operations for the emerging European battery supply chain," said Bjrn Jonsson, Division Manager North Europe, Process What a HUGE saving in CO2-eq alone! Heads up. 19m @ 42.5% Cg (from 162m), Anna-Michelle Asimakopoulou, Member of European Parliament, Peter Handley, Head of Unit, DG GROW at European Commission. The company has raised additional equity in the past and have done it in an investor-friendly manner. 46 Colin Street This is inline with the possibility that Mitsui / ABB will commit capital to the project for 30-40% ownership, with the remainder of finance via debt / loans. Simultaneously, it became apparent to Talga that electrification of transport would become a global long-term growth story. I have attached the Swedish mining approval process below. AMATI STRATEGIC METALS: Duo behind 90m fund are really showing their mettle. Stock market enthusiast. Graphene is a two-dimensional atomic-scale material, that is made of a single layer of carbon atoms. Talga is a low CO2 anode and graphene company accelerating the global transition towards sustainable growth. Its going to cost Talga an estimated $US1,852 ($2,725) to produce each tonne of Talnode-C, which is expected to sell to battery makers for roughly $US11,250/t. Featured News I've been an investor for 3yrs now, I completely agree and I think their technology is better than they're letting on. to discuss the challenges and opportunities of electrification. However, this was not the only surprise visit, as Musk's jet made another unscheduled landing in Sweden. 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%. I believe Talga Group is targeting 300 kTonne anode production per annum by 2030. Important submissions include: The court hearing will be scheduled shortly after a court organised site visit on September 20, 2022. 3) Mine permitting will enable offtake agreements to be resolved. 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. Could the EV industry pay up for exploration as critical metal demand grows? Talga Resources Ltd (ASX:TLG) is listed on the Australian Securities Exchange. Taking into consideration the recent development in the global trade and pandemics impact, secure supply chains among friendly and stable countries, which share the same values, are likely to be even more important in the future. https://www.politico.eu/article/sweden-test-fast-ferry-traffic-congestion/, Talga presented at Oslo Battery Day 22 Aug 22. Right now, the company is scaling up Talnode-C production for testing by customers ahead of potential supply deals. For the purpose of valuation, and based on the feasiblity studies, I have estimated their capital requirements to be: Stage 0 - Sustainment capital to 2023: $20 M (share count increase to 330 M), Stage 1 - 30% financing of stage 1: $70 M (share count increase to 390M - assumed share price $1.20), Stage 2: 30% financing of stage 2: $500 M (share count increase to 530M-assumed share price $3.69). Every Talga shareholder should listen to this address. Suggested Talga needs to build a positive narrative on why the Talga Project is needed for the EU and Sweden. The two biggest challenges of graphene are scalability and price. This is due to the increasing supply / demand imbalance, an the increase in quality of the anode material (refer point 2 above). make serious money over its initial 22-year life, Rise and Shine: Everything you need to know before the ASX opens, CLOSING BELL: Like glands through the shower glass, this was a day of our lives. Click for membership options. It can be combined with other materials to enhance their properties. In November 2020, Talga Resources changed its name to Talga Group to reflects the company's position as an emerging producer of a diverse range of sustainable graphitic products and technologies spanning lithium-ion battery materials and graphene additives. The Pre-feasibility Study was base don a sale price of $11 250 USD per Tonne, whilst the DFS has upgraded thsi to $16k per Tonne in 2024, then stabilising at $13k USD per Tonne in 2030 and beyond. 16 min read. Talga have announced a capital raising. EU's Net Zero Industry Act & Critical Raw Materials Act - Significant address at Davos from 12:30.here. (Graphene Week 2018 Company Presentation, Page 8). Talga Resources, SolGold and more. The raise was reportedly oversubscribed and was supported by a range of institutional investors. Talga Mining Sweden - 100%-owned high-grade graphite deposits - the largest resources in Europe and highest grade JORC-compliant resource in world. 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). This button displays the currently selected search type. The is a gross margin in excess of 80%! Lunch Update They are making the situation worse!! "Strengthening European resilience upstream in the battery value chain" - wound forward to Talga presentation. Preliminary Feasibility Study (PFS) indicates potential pre=tax annual profit of $188m USD, an IRR of 55%, based on planned production capacity of 19 000 Tonnes per annum. This will further enhance Talga's already leading CO2 emissions over the anode plant life cycle, with what iwll be a zero CO2 mine. It is important to note that not all this value is directly related to graphene - some of the companies have other activities, mainly graphite mining and supply. 22m @ 25.7% Cg, 29m @ 29.1% Cg (from 58m) NIS22026 incl. You can extrapolate to your own numbers. Stockheads daily newsletters make things simple: Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. 16m @ 35.6% Cg (to end of hole), Remaining results expected in August with an update of Vittangi graphite resource to follow, Norrbotten County Admin. In boosting our graphite mineral resource, we are also boosting our ability to supply sustainable anode products and setting Talga up to become a major supplier to the worlds fastest growing Li-ion battery markets.. Engineering and design studies are expected to be completed this month. Talga Resources Ltd (ASX:TLG) is building a European source of battery anode and graphene additives, to offer graphitic products critical to its customers' innovation and the shift towards a more sustainable world. I'm buying more tonight every time these numbers come out it puts a massive smile on my face , only wish I could buy more, but i've got about 15% of my portfolio in TLG and will sell others if the news is insane - which it probably will be. Details of Talnode -Si anode performance provided. 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. Key takeaways: 1) Massive demand for anode material in Europe over the next 10 years (5x growth) present a unique opportunity. Director General of the DG ENER at the European Commission. Interesting video outlining the geology of the Vittangi Site. Talgas mine is estimated to have the highest grade of graphitic carbon among its competitors. We work with the highest-grade graphite resource in the world at our mine and coated anode production facilities, ensuring our part of the battery supply chain is clean, ethical and secure. That's a subsidiary of Japanese global trading and investment giant, Mitsui & Co., Ltd. Environmental Officer - Roles include:As Environmental Officer, you will be a key figure in Talga's continued establishment in Norrbotten. They applied to mine 100k for 22 years. Anna-Michelle Asimakopoulou's key points: My takeaway is, Talga's challenges centre around authority approvals, hence why the intense lobbying underway, and financing does not appear to be that much of a concern - Perhaps a big announcement will be forthcoming over the next few days. On June 20, 2022, Talga announced the Environment Court has received most submissions, which were due by June 23. 2) FREYR is developing a low emission battery production facility in Norway to deliver 43 GWhr of battery production by 2025. Key takeaways: 1) Talga and FREYR to work towards commecail supply of Talnode range of anode materials. Talga then set up an R&D centre in Cambridge, one of the top graphene universities in the world. 2) Mine permitting will enable JV with Mitsui to be resolved. Large scale geophysical survey identifies 600 m long conductor adjacent to planned concentrator site. The Company develop green battery anode and advanced materials in northern and work with the highest-grade graphite resource in the world at it's mine and coated anode production facilities, ensuring it's part of the battery supply chain is clean, ethical and secure. The plant near Heilbronn manufactures high-voltage systems for electric vehicles and plug-in hybrids. Talga will use the proceeds to fund the Electric Vehicle Anode (EVA) pilot plant as part of the development of the Vittangi Anode Project located in northern Sweden. The information is not intended to imply any recommendation or opinion about a financial product. Govt backed debt (such as backed by SERV), enable lower lending rates on debt finance. At 19 tonne sof Talnode-C produced per annum, the feasibility study indicates TLG will generate $178 M USD of gross margin per annum. as just another penny stock Australian miner. Here is the tweet. Talga Resources Ltd is a multi-national company focused on graphite mining and graphene supply and application development. Content is delayed by one month. (Error Code: 100013) LEADING THE BATTERY METALS REVOLUTION Talga have announced a capital raising. This agreement with Leclanch SA is one of about 40 battery product related engagements some of which cover potential offtake and project finance that Talga says are currently active under non-disclosure agreements. Does anyone have an idea what the correct market cap could be for Talga and the logic and rational for expectation. The carbon footprint declaration will become mandatory under the incoming new EU Batteries Regulation.. Since graphene was discovered, scientists around the world researched different graphene applications. As this industry grows, theres a coordinated push to establishinternalEV supply chains across the EU. The Ethical Investor: How important is corporate culture for ESG investors? 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. There is a trade pending processing for this company. The total market value of graphene companies now reaches $1.8 billion USD for the 13 leading graphene public companies we track. This is very unique graphene straight from ore in a single step. However, Niska permit applications were lodged last year. Thats a substantial profit margin. PFS indicates Talga will be the lowcost producer of anode material - with lower costs than the majority of Chinese competitors. 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. Luckily, it is not. The Sweden geographical segment explores and develops graphite. Talga Group hasannounced a fund raise ofAUD$22 million (around USD $14,000,000). If you're looking to buy shares, check out the steps below. Following commissioning, Talnode-C will be shipped to battery cell makers to undergo next stage commercial testing. quality control labs) and Germany (processing technology scale-up and graphene production). Talga speeds ahead with commercial anode production in Sweden Special Report: Detailed feasibility studies and work has not only delivered improved yield and recoveries, but Talga has found a simpler way to reach commercial anode production. Battery and advanced materials company Talga is working with Mitsui & Co. Europe, a subsidiary of Mitsui, one of the largest global trading and investment companies based in Japan. I have no business relationship with any company whose stock is mentioned in this article. Our vertical integration, strategic location and innovative processes are key to getting there. Excellent deep dive into Talga Resources' Product here. Valmet Automotive has started the series production of battery systems in Kirchardt, the Finnish company's first battery plant in Germany. The [Tata] scientists we worked with were so impressed with what we were doing they left and joined us. Unsubscribe whenever you want. Over the past six months, its share price has outperformed the ASX All Ordinaries Index by +22.82%. Talga will have production capacity of 19 000 Tonnes per annum by 2024, and report they have EOIs from battery manufacturers for more than 300% of this capacity. The DFS, financing, and JV news yet to come. Talga is also engaged in advanced discussions and due diligence processes with other parties under NDA regarding project financing and partnerships. 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. Mr Phillips previously constructed and managed operations and implemented growth strategies for offshore smelting businesses. Elon may well be on holidays for all I know. A lithium-ion battery anode product developed by Talga Resources (ASX: TLG) has achieved "ultra-fast" charge rates in new battery testing, successfully outperforming a competitive commercial product.. Construction costs will also escalate by 8-15% due to the delay.Annoying. Talga is developing graphene products for additives to coatings, batteries, concrete and epoxy composites. There are so many potential application fields that even Wikipedia has a standalone article on the potential application of graphene. Australian advanced materials technology company Talga Resources Ltd announced positive initial test results from the development of its graphene silicon lithium-ion anode in the UK.. 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 . Straws are discrete research notes that relate to a particular aspect of the company. 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. Leading up to the hearings for environmental approval early next year, I feel this public affirmation of the positives of the project, and the need for the project, can only help the cause. 4) Mining permits to be lodged mid-2021.
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