The two biggest challenges of graphene are scalability and price. On June 12, 2014, Tesla announced that it will not initiate patent lawsuits against anyone who, in good faith, wants to use its technology. This equates to an anode demand of approximately 275 000 Tonnes per annum. 2) Mark Thompson flagged an increase / expansion in production is forthcoming in updated feasibility / scoping studies, due to increasing customer demand. 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. Talga Group Ltd. provided an update on permitting advances for its 100% owned integrated graphite mine and battery anode project in northern Sweden. LKABs rationale for the interest in Talga. ". Talga reported European Investment Bank, Swedish Export Credit Corporation, and Nordic Investment Bank representatives have conducted a site visit of Talga's anode pilot plant, and mine as part of the due diligence into financing the Vittangi Anode Project. For investors, getting access to the right information is critical. The full-scale production is planned for 2023. This infrastructure will enable Talga to accelerate Stage 2, the progress of which will be dependatn on mining permits / approvals. Presumably, they bring a great deal of mining development IP to the table, and local knowledge. The company has raised additional equity in the past and have done it in an investor-friendly manner. 2) Mine permitting will enable JV with Mitsui to be resolved. DISC - I hold, but will be capping my holding at 5% max. Talga have announced a capital raising. The word "Insider". I found the following slide to be quite revealing. Next article. The panelists were: The moderator was Megan Richards, ex. Email Lists And that is a great approach in todays climate sensitive environment. Previous rock sampling of the site returned grades of up to 36% graphite, however, the zone was thought to be discontinuous / faulted blocks. West Perth WA 6005 Also, value add for R&D/product pipeline potential. Since graphene was discovered, scientists around the world researched different graphene applications. 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. 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. Battery anode developer Talga Resources has announced that it has received a commitment for a ~AU$1.8 million (around USD1.3 million) UK Government grant to complete a feasibility study into the commerciality of a Talga UK Anode Refinery. Do your own DD. Tesla has ordered $2.9bn worth of high-nickel cathode materials from L&F Co. . I however also know that the TAM is so large that there is ample room for many players. 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. However, since its discovery, most of the unique graphene characteristics remain in the lab. The consensus valuation is for members only and has been removed from this chart. It appears EIB has been doing due diligence on Talga's development. A 35 fold increase. Talga announced an expanded MOU with ABB. It operates through the following geographical segments: Sweden, Germany, United Kingdom and Australia. 16:30: EZ : 16:19: EZ : Nejdiskutovanj zprvy dne. Talga Grouphas announced it has opened its new Battery Center of Excellence in Cambridge, UK. It is intendedthese discussions be extended to include Talgas Niska Project. These ASX graphite, lithium, nickel and cobalt stocks can answer the call, Not you, lithium: The ultimate guide to the. Market Close Update 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Talga Resources Ltd. Aktie Profil Die Talga Resources Ltd. Aktie wird unter der ISIN AU000000TLG7 an den Brsen Frankfurt, Dsseldorf, Mnchen, Stuttgart, Berlin, Sydney, Nasdaq OTC, BX. This was presented last month. This week Talga Group have placed adds for the following rolees: Mining Engineer -Roles include: focus on developing a new mining project with medium, long-term and LOM plans. The is a gross margin in excess of 80%! This is also known as Online Behavioural Advertising. Some key takeaways: European battery production to grow by around 275 GWhr per annum over the next 10 years. It's free. And while it explored those projects quite successfully following the IPO, the company didnt see them growing into company makers. Talga as we all know is one remarkable company, just need to be made more well known to the everyday invester. 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. So how much will Germany want 500k, what about the rest of Europe and then Asia. The extension date is aligned with expected finalisation of execution plans as well as required permitting and approvals. 6)Exploitation (mining) and environmental permits were submitted to relevant authorities in May 2020. Talga resources reported anincrease in their Natural Graphite inventory to 55.3 million tonnes, with 5-15 Million tonnes of exploration targets identified for exploration / definition. Note: Talga will need more cash within the next 6 months. With the permitting scheduling hearing scheduled for Q1 2023, this could be moving year for Talga, especially considering positive feedback from key stake holders. This sector wide performance maybe related to a number of positive factors relevant to the sector during thisperiod including but not limited to: An EV Anode Pilot Plant update has been released. 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. It was a veritable candy shop of mineralisation, says managing director Mark Thompson. With rising European demand for EVs and therefore graphite anode products, it is exciting to see the Vittangi Graphite Project - our battery raw material source - continue to grow. Intiially, the development was to be carried out in two stages. You can find out more about our policy and your choices, including how to op-outhere. 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 . So, a positive and a negative. Talga, with its proximity to LKABs existing mining operations in Northern Sweden, may offer synergies with resources, skills and infrastructure. As of the last closing price of AU$1.76, shares in Talga were trading +27.72% higher than their 200 day moving average. 22m @ 25.7% Cg, 29m @ 29.1% Cg (from 58m) NIS22026 incl. This is due to the increasing supply / demand imbalance, an the increase in quality of the anode material (refer point 2 above). Key takeaways: 1) Seeking to fund project with 60% debt. Offtake agreements and financing to by end of Q2 2023. Special Report: Talga Resources is not your everyday, aspiring graphite miner. The DFS, financing, and JV news yet to come. In May 2020, Talga submitted applications for an. Talga). Responsibilities will include optimizing mine designs and liaising with engineering and mining personnel to ensure the mine plans are executed efficiently and safely. Enter Talga Resources (OTCPK:TLGRF), a vertically integrated advanced materials company focusing on battery anode and graphene additive products from Australia. This will in turn enable financing, and commercial negotiations to be fianlised. The previous offering was done among existing shareholders in November 2019, where the company raised AUD 6,2 Million in an oversubscribed offering. 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. 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. Nice! Get the latest Stockhead news delivered free to yourinbox. Until March 2023, new Model 3 and Model Y vehicles qualify for a $7,500 federal tax credit for eligible buyers. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 2) Talga plan to epectrify their underground mining operations using ABB Ability eMine. For those that missed The Call recently, Guarav and Henry Jennings provided bear cases for Talga - with Guarav in particular tearing it apart. Excellent deep dive into Talga Resources' Product here. 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 . Discovered in 2004, graphene is a super material renowned for its incredible strength and conductivity. Talga still owns those legacy projects, but graphite was always the focus. West Perth,Australia 6005. Share price seems like it has been in accumulation for a couple weeks now.. Breakout should happen anytime soon with the latest strengthened balance sheet. $22m has been raised with 20m more shares issued at $1.10ea coming from institutional investors taking the companies cash position to $27m. I have no business relationship with any company whose stock is mentioned in this article. Talga Group have announced they have signed a non-binding Letter of Intent with Verkor to supply Talnode-C anode to support Verkor's 16 GWh/annum gigafactory in Dunkirk, France in 2024. Combine Talga anode material with Vulcan Lithium and you have very close to a carbon neutral battery manufacturing process. Here is the tweet. The purpose was to assess and evaluate. 1.Introduction. But I do love the full cycle mine - to battery - to recycling that NeoMetals and Magnus are pursuing. Unsubscribe whenever your want. 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. European Investment Bank Published tala's Anode Development as a Project to be Financed - Under Appraisal. Going forward, Mitsui and Talga will continue negotiations regarding the development of the project. Does anyone have an idea what the correct market cap could be for Talga and the logic and rational for expectation. 10x revenue for a fast growth business is not unreasonable. The graphite mined over the next few months will supply the EVA pilot plant currently under construction. joined members of Swedish Parliament, Mattias Karlsson and Emilia Tyr, as well as representatives from the Electrification Commission, Swedish Energy Agency and. The factory will be unique in its kind and will be able to deliver 19,500 tons of finished anode material annually, enabling the production of 400,000 electric cars. I am not receiving compensation for it (other than from Seeking Alpha). Extended to 31 March 2023 and this extension is expected to align with expected finalisation of execution plans. This field is for validation purposes and should be left unchanged. Mr Phillips is an experienced project manager, commercial manager and company director with over 25 years of global metals and mining sector experience. Talga Group Ltd. engages in the provision of graphene and graphite enhanced products for the global coatings, battery, construction and polymer composites markets. Fastmarkets reported on January 23, 2023 that China graphite flake (94% C -100 mesh) prices were at ~US$830/t and Europe graphite flake (94% C -100 mesh) prices were at US$775/t. Create an account to follow your favorite communities and start taking part in conversations. Refer to article here. Morning Update The new EVA plant allows Talga Group to demonstrate it can delivery quality anode materials at scale. Should binding agreements be entered into, the Company will release details in accordance with its disclosure obligations at that time. Get the latest Stockhead news delivered free to yourinbox. Additionally, the trial qualification programs that have been underway for a long time might result in contract wins for Talga that might be announced shortly. Talga has an edge due to its Graphene projects, that helps their Tanode-Si battery come into existence and the world doesnt yet appreciate how wonderful a substance Graphene is. 4) Mine permitting will enable European Development Banks to approve/progress funding of project. If they can do this, graphite will not be required in Tesla Lithium ion batteries. Testing of Talga materials and products is underway with a range of corporations including industrial conglomerates Tata and BASF subsidiary Chemetall, UK listed Haydale, flexible battery maker Zinergy and German based Jena Batteries. This has huge implications fo rthe anode supply chain in Europe - Link here. 16 min read. The UK government has recently announced a series of economic stimulus packages, including a 1 billion Automotive Transformation Fund (ATF), towards boosting the domestic electric vehicle and lithium-ion battery economy in collaboration between the Advanced Propulsion Centre, the Department for Business Energy and Industrial Strategy, Innovate UK and the Department for International Trade. It is unlikely Talga will enjoy a re-rating until raw material is secured via mining approvals, EVA plant begins operation, and financing is resolved for Phase 1. "Strengthening European resilience upstream in the battery value chain" - wound forward to Talga presentation. 100k anodes planned at $12k per tonne. Talga expecting to sell one tonne of anode at $11250. 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. My investment thesis for Talga Group is here. 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. Funding and permitting risks are falling away. Based on $100 M depreciation costs for plant, and the capital dilution, I'll need to revise my overly exuberant valuation. Drilling results. They are making the situation worse!! Using China Synthetic in an EV ACTUALLY does more harm to the environment than driving an ICE vehiclethats not green! The Company is now finalising the environmental permit for the Lule anode refinery site. February 24, 2023February 24, 2023 | Reuben Adams, February 21, 2023February 21, 2023 | Gregor Stronach, February 14, 2023February 14, 2023 | Jack McGinn, February 1, 2023February 1, 2023 | Reuben Adams, January 11, 2023January 11, 2023 | Eddy Sunarto, November 9, 2022November 9, 2022 | Jessica Cummins, October 3, 2022December 19, 2022 | Josh Chiat, September 13, 2022September 13, 2022 | Reuben Adams, July 14, 2022July 14, 2022 | Emma Davies, July 1, 2022July 1, 2022 | Jessica Cummins, March 31, 2022June 23, 2022 | Reuben Adams, March 31, 2022December 14, 2022 | Eddy Sunarto, Level 1, 2 Richardson Street, West Perth 6005, Australia. The estimated Net Present Value (NPV) of the project over 22 years is USD 1.056 billion, calculated with a discount rate of 8 percent (Outstanding PFS results support Vittangi graphite development). "The positive trajectory of interest in Talnode-Si from battery customers and our emergingproject development partners is most pleasing. 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