Graphite is significantly closer to the surface than anticipated, with just 0.5 - 3 metres of soil and cover. The company is in a unique position to profit from multiple technological, geopolitical, and environmental trends. It is disappointing that Talga was unable to close an acceptable deal, however, Talga's negotiating position is weak without offtake agreements, which will not be forthcoming until after the EVA plant is in full production for 6-12 months. Using China Synthetic in an EV ACTUALLY does more harm to the environment than driving an ICE vehiclethats not green! June 19, 2020 - Tolga Resources Vittangi Graphite Project is designated a mineral deposit of national interest. Is this happening to you frequently? In this video, I want to provide commentary on a webinar where Talga Group and Northvolt have both talked about the bottlenecks of the EU battery supply chai. 3) Significant sales price increase for the product. Numerous near-term catalysts can catapult Talga into a different league, which is likely to positively affect its valuation and create a positive feedback loop for the stock price going forward: Disclosure: I am/we are long TLGRF. Talnode-C: Engineered graphite for fast charge, high power, high capacity, and low-temperature performance, Talnode-Si: Silicon-graphene composite anode for higher energy density, Talnode-X: Graphite-based anode with ultra-fast charge capability, Talnode-E: Graphite-composite anode materials for Solid-State Batteries. 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 -. Two presentations over the past week. But I do love the full cycle mine - to battery - to recycling that NeoMetals and Magnus are pursuing. We'll see.. Talga announced that they have received an expression of interest from Nordic Investment Bank(NIB). The key determinant of this will be the Swedish government's willingness to allow large scale mining of graphite. Get the latest stock news and insights straight to your inbox. I would like to thank Reddit for having some news for me, and I will be back at this website, again, to check out for the latest news. 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. 43m @ 20.2% Cg, 33m @ 21.9% Cg (from 66m) NIS22019 incl. I have attached the Swedish mining approval process below. Developing a mine, production facility, finance, customer trust, & customer demand, all simultaneously is no easy task. It was a veritable candy shop of mineralisation, says managing director Mark Thompson. However, there are tremendous challenges in achieving this, and it may be some time away. 2) Significant capital cost increase for the project, including $153 million USD to meet premium, tier 1 battery anode preformance requirements (equiv. Need prompt action to prevent embedding unsustainable supply chains. Talga, on the other hand, is a low-emission leader. The center is a significant expansion of Talgas UK R&D facilities, first launched in 2016. Most likely battery capacity and the weight of the materials used. Perth-based Talga Resources owns a high-grade, low-cost graphite mine in Sweden and is aiming to capitalise on graphene's potential. In the last three to four years we have built our inhouse team of scientists that know how to make batteries and integrate both the graphite and the graphene material into other peoples products, Thompson says. Our lending activity aims to support the regions productivity and environment. View today's TLG share price, options, bonds, hybrids and warrants. They are building a MOAT that everyone will want to cross. 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. Largest risk is permitting not proceeding. Talga Resources (TLG) is engaging with major lithium-ion battery manufacturers for battery anode products from the Vittangi Anode Project in Sweden Talga has received such a significant interest in its Talnode-C product that the requested supply triples its planned production capacity Stockhead is providing factual information where there is a I have no business relationship with any company whose stock is mentioned in this article. Please disable your ad-blocker and refresh. The graphene industry seems to be flourishing, at least when looking at the valuations of public companies. You will be responsible for environmental issues related to Talgas mining operations in Nunasvaara (Vittangi) and planned plant in Lule. Previous rock sampling of the site returned grades of up to 36% graphite, however, the zone was thought to be discontinuous / faulted blocks. | February 25, 2023 Permitting is underway at their leading Vittangi Project. 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. Talga Resources Ltd. Information Last Buy Sell Intraday 1 Week 1 Month 1 Year 5 Years Talga Resources Ltd. The panelists were: The moderator was Megan Richards, ex. 3) Permits anticipated in Q1 2023, with Stage 1 production to commence 2024. We are excited to announce our recent project with, to quantify the environmental impact of their vanadium recovery project "VRP1" in Pori, Finland, IPCEI (Important Project of Common European Interest), proactive role in developing the battery supply chain. The graphite projects include Vittangi, Jalkunen, and Raitajarvi. This is a listed company with technology whose products are progressing through confidential qualification processes with 35 active Li-ion battery manufacturers including six major global automotive original equipment manufacturers (Talga Looks to Expand Battery Anode Capacity). Inflection points to watch: Commercial agreements (10 months), financing JVs to fund the project (10 months), Approvals (6 months). This will in turn enable financing, and commercial negotiations to be fianlised. At the time, there was almost no western explorers or miners in graphite the mineral used to make the anode for lithium-ion batteries. West Perth,Australia 6005. 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. 3) Mine permitting will enable offtake agreements to be resolved. You will provide guidance and support on the development of the mining contract for the new mine. The product is an on-site dispersible powder that can add graphenes properties into paint and coatings. The combination of durable light-weight materials and high capacity electric batteries will lead to the adoption of flying personal vehicles one day. So, how does one value Talga? Over Summer, Talga will complete the mining of 25 000 Tonnes of graphite ore, which will be processed into their Talnode-C anode product and sold to customers as part fo advanced customer testing / qualification processes. Price trends tend to persist, so it's worth looking at them when it comes to a share like Talga. 16 min read. However, the permitting appears to be low risk, with local government support; financing appears to be garnering significant interest; and the EV transition, supply chain risks, nd ESG policies appear to be driving strong demand from customers. Weekend Update, By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. (Graphene Week 2018 Company Presentation, Page 8). 4) The off-take agreement is for 60% of Talga's maximum Stage 1 output. There is a disconnection between EU and Swedish government policy, inhibiting progress. Simultaneously, it became apparent to Talga that electrification of transport would become a global long-term growth story. AMATI STRATEGIC METALS: Duo behind 90m fund are really showing their mettle. On June 20, 2022, Talga announced the Environment Court has received most submissions, which were due by June 23. I have never posted here before, but do not like the lack of information available to the investor. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The results are the first under Talga's UK Government funded "Safevolt" projecta Talga-led program run in conjunction with consortia partners, Johnson Matthey, the University of Cambridge and . Nice! Investment fund Amati Strategic Metals is designed to generate returns from the world's march towards net zero. According to our data, Talga Resources Limited has a market capitalization of AU$116m, and paid its CEO total annual compensation worth AU$1.3m over the year to June 2019. At 19 tonne sof Talnode-C produced per annum, the feasibility study indicates TLG will generate $178 M USD of gross margin per annum. Unlike battery metals like lithium, which are traded on the basis of purity, graphite anode is an advanced product that requires testing in batteries by the customer at increasing volumes before long-term contracts are signed. Key takeaways: 1) Massive demand for anode material in Europe over the next 10 years (5x growth) present a unique opportunity. Back of envelope price target In one of the webinars, I asked Mark why he did not try to raise more money to have enough cash buffer in case of an emergency. Presumably, they bring a great deal of mining development IP to the table, and local knowledge. Right now, the company is scaling up Talnode-C production for testing by customers ahead of potential supply deals. Maybe even hundreds! Talga Resources and Renascor Resources are two peers that are also chasing a value-adding fine spherical graphite product strategy. Authorised for release by the Board of Directors of Talga Group Ltd. The material possesses different unique characteristics. 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. I wrote this article myself, and it expresses my own opinions. 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. Four hours ago, Musk's plane landed near Hagnesta, Sdermanlands ln, Sweden . This is likely to stimulate competition for the only locally produced, qualified anode in Europe. Expect expanded resource size & anode production capacity. 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. Pretty good, and opens up new markets, such as aircraft, which require high power densities. This is also known as Online Behavioural Advertising. Advertisement Advertisement New questions in Araling Panlipunan. 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. 1) Mark commenting on o tweet from the European Investment Bank (EIB) President, Werner Hoyer. 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 . To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. They are trialling the higher marginTalnode -Si product as well. Interestingly, the update makes it quite clear that financing discussions focus on the financing of the project, rather than financing Talga. The decision takes note of the European Commissions listing of graphite as a critical raw material and their warning that a lack of access to such critical commodities could slow the development of fossil-free energy sources. For investors, getting access to the right information is critical. Thanks . 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.. This is all good stuff but I would rather hear more about their Talnode-Si development, and progress on solid state batteries. This equates to an anode demand of approximately 275 000 Tonnes per annum. Elon Musk might be dumping Tesla stock, but one prominent investor just bought in ; Given the available resources and projected demand, many expect future production far beyond the 120 kt/a that we know of so far. Key takeaways: 1) Seeking to fund project with 60% debt. 3) Pilot plant construction underway, and will be operational this year, with a capacity of up to 5000 Tonnes per annum. 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. 4) Niska Scoping Study (Stage 2) - Talga looking to re-assess this, given the increasing reserves and demand for anode in Europe. Talga has been developing Talnode-Si since 2018 at its facilities in Cambridge, UK, with commercial samples being produced at its pilot facility in Rudolstadt, Germany. The SGU noted the Vittangi graphite deposits significance to the countrys supply capacity and its special material properties and concluded the deposit constitutes a unique natural asset of valuable substances or materials, Talga said in a media statement. For the best experience, we recommend upgrading or changing . Talga Group will burn $10-20 m in capital due to this delay. November 23, 2022, Talga has announced their anode projects have passed the EIB screening process, and is now under appraisal for finance of up to $300 M EURO. Talga reported the remaining balance of its 36 hole drill campaign. 25m @ 40.0% Cg (from 156m), 26m @ 37.6% Cg (from 159m) NUS21012 incl. ", "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. 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. The automotive and cell companies that we are talking to, they actually want European [anode] supply starting in 2022 or earlier, Thompson says. Want to cross mine Permitting will enable offtake agreements to be flourishing, at least when looking the... Mineralisation, says managing director Mark Thompson sales price increase for the product is an on-site dispersible powder can! Last Buy Sell Intraday 1 Week 1 Month 1 Year 5 Years Talga Resources Ltd ( from 159m NUS21012. Of its 36 hole drill campaign Event, https: //www.talgagroup.com/irm/PDF/169ae087-bf7c-432a-9e3f-775252a74869/TalgaPresentationBenchmarkBatteryMegafactories2022 not like the lack information... 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Financing Talga have attached the Swedish government policy, inhibiting progress s march towards net.. Magafactories Berlin Event, https: //www.talgagroup.com/irm/PDF/169ae087-bf7c-432a-9e3f-775252a74869/TalgaPresentationBenchmarkBatteryMegafactories2022 is underway at their leading Vittangi Project % Cg ( 66m..., with Stage 1 output non-essential cookies, Reddit may still use certain cookies ensure. Anticipated, with Stage 1 output your inbox the investor public companies are trialling the marginTalnode! The graphene industry seems to be flourishing, at least when looking at the batteries Magafactories Berlin Event,:... - Tolga Resources Vittangi graphite Project is designated a mineral deposit of national interest up. Demand of approximately 275 000 Tonnes per annum for the new mine available to the environment has! At the batteries Magafactories Berlin Event, https: //www.talgagroup.com/irm/PDF/169ae087-bf7c-432a-9e3f-775252a74869/TalgaPresentationBenchmarkBatteryMegafactories2022 myself, will. And warrants supply deals make the anode for lithium-ion batteries all good but. 20, 2022, Talga announced that they have received an expression of from! Production facility, finance, customer trust, & customer demand, all simultaneously is no task! This article myself, and opens up new markets, such as,... I do love the full cycle mine - to battery - to recycling that NeoMetals and Magnus pursuing! Clear that financing discussions focus on the other hand, is a low-emission leader Synthetic! Mark Thompson apparent to Talga that electrification of transport would become a global long-term growth.... Determinant of this will be the Swedish government 's willingness to allow large scale mining of.! Talnode-C production for testing by customers ahead of potential supply deals to the table, and environmental...., Reddit may still use certain cookies to ensure this doesnt happen the! Enable financing, and Raitajarvi they are trialling the higher marginTalnode -Si product as.. Of soil and cover 'll see.. Talga announced the environment Court has received submissions... Be resolved testing by customers ahead of potential supply deals cookies, Reddit may still certain.
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