Most important however is that its unique properties were observed in labs, and most of them cannot be transferred into the real-life application just yet. With the assistance of its financial and transaction adviser, Morgan Stanley, the Company is advancingdiscussions with third parties regarding funding for its progressed Vittangi Anode Project. Is this happening to you frequently? to discuss the challenges and opportunities of electrification. I found the following slide to be quite revealing. 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. Talga Group will burn $10-20 m in capital due to this delay. At 19 tonne sof Talnode-C produced per annum, the feasibility study indicates TLG will generate $178 M USD of gross margin per annum. And while it explored those projects quite successfully following the IPO, the company didnt see them growing into company makers. 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. Talgas unique tech puts it miles ahead of its peers, made really high-performance lithium-ion batteries. 16 min read. 2) Engaged customers annual demand, including EOI and target anode supply for 2025 now exceeds 14 times the Stage 1 production capacity as per Vitangi DFS. Its that IP investment that is a barrier to entry for other companies. And the following statement from MINVIRO on LinkedIn, We are excited to announce our recent project withNeometals Ltd, using life cycle assessment#LCAto quantify the environmental impact of their vanadium recovery project "VRP1" in Pori, Finland, Talga Managing Director, Mark Thompson, commented: Currently, there is more than 960GWh2 of Li-ion battery capacity using graphite anode technology planned in Europe. Update following Investor presentation on August 6, 2022. The MOU has been extended through to 31 August 2022. 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. Email Lists Talgo will also have the lowest meissions per tonne of anode, with less than 5% of the CO2 emissions per Tonnecompared to Chinese competitors. A good Straw offers a clear and concise perspective on the company and its prospects. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. The company was not affected by the current EV-Hype and is still valued as a pure natural resources miner whose mine is still 2 years away. Please disable your ad-blocker and refresh. If we are, it aint like the last one, ASX Renewable Energy Stocks: Talga grows graphite resource to cash in on EU battery grab, Resources Top 5: A 1460g/t gold hit, more lithium, and Europes first battery anode factory goes live, Market Highlights and 5 ASX Small Caps to watch on Thursday, You can find out more about our policy and your choices, including how to op-outhere. Major milestone acheived for the development of Stage 1. Note: Talga will need more cash within the next 6 months. Talga Group has announced the completion of an institutional placement of A$40 million (around USD$27,316,000) from the issue of 25.8 million new fully paid ordinary Talga shares. Talga continues to pursue commercial agreements and finance commitments with partners, such as Automotive OEMs (eg VW Group???). Talga is a licensed Saudi Non-Profit Organization (NPO) officially registered in the Ministry of Human Resources & Social Development as (The Sustainable Development Association "Talga") with a license number (1033) dated (1/2/1439H). Broken down below. Currency in AUD Add to watchlist 1.6150 -0.0350 (-2.12%) At. The scoping study for the project is underway and its results will be published in November 2020. This field is for validation purposes and should be left unchanged. You will also be undertaking necessary engineering work for gaining mining approvals. 2) FREYR is developing a low emission battery production facility in Norway to deliver 43 GWhr of battery production by 2025. Anode producer, Talga Resources, presented at the CSIRO Electromechanical Energy Storage Series. Results from this latest phase of development reportedly show continued success of Talgas silicon anode approach which uses lower-cost metallurgical-grade silicon for a high-energy density anode with mass-producibility potential. Perth-based Talga Resources owns a high-grade, low-cost graphite mine in Sweden and is aiming to capitalise on graphene's potential. 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 wrote this article myself, and it expresses my own opinions. Also, council have approved upgrade to access roads for development Vittangi Anode Project DFS has been delayed to June 2021, reportedly due to COVID-19 related site access delays. 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. He holds regular webinars where he answers investor questions. 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. Under the Swedish Environmental Code, deposits of valuable substances or materials can be defined as being of national interest, meaning municipalities and central government agencies may not authorize activities that might prevent or significantly hinder exploitation of the mineral deposit. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Talga aims to elevate the capabilities of the Saudi society to achieve s sustainable development with a . 4) Regulatory approvals for Stage 1 by March 2022. Talga Group expect the negotiations to be resolved by the end of Q1 2023. Govt backed debt (such as backed by SERV), enable lower lending rates on debt finance. Our lending activity aims to support the regions productivity and environment. The material possesses different unique characteristics. The Company is listed on the Australian Stock Exchange but has its operations in Europe where it has been active since 2011. The previous offering was done among existing shareholders in November 2019, where the company raised AUD 6,2 Million in an oversubscribed offering. READ: Why graphene is called a wonder material and which stocks are dabbling in it. A big red flag. That remains one of the worlds greatest breakthroughs when it comes to graphene.. The oversubscribed Placement, managed by Euroz Hartleys Limited,was reportedly supported by a range of new and existing sophisticated, professional and institutional investors. BMR YEARBOOK - Battery Materials Review Ltd. We need to share the posts on this group with other stock groups. The area is now being prioritised for further diamond core drilling over the next month. As this industry grows, theres a coordinated push to establishinternalEV supply chains across the EU. Click for membership options. This is very unique graphene straight from ore in a single step. 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. Talga Resources, SolGold and more. 2) Mine permitting will enable JV with Mitsui to be resolved. The new EVA plant allows Talga Group to demonstrate it can delivery quality anode materials at scale. Vvoj odhadovan clov ceny a skuten ceny titulu If you're looking to buy shares, check out the steps below. The automotive and cell companies that we are talking to, they actually want European [anode] supply starting in 2022 or earlier, Thompson says. This equates to an anode demand of approximately 275 000 Tonnes per annum. 4) Commercial / financing negotiations are underway with partners and customers, but no timeline other than finalising critical contracts this year. Low energy costs in combination with a high amount of graphite in the ore give Talga an advantage in ore processing and anode production. The Company is focused on graphite exploration, research and development. The company has poured years into developing its own IP and now, heading into 2020, is nearing commercialisation of its advanced battery anode materials and graphene additive products. By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. Also the more upvotes on each post will have more chance of it being seen in the group's we share it with. Talga Resources has a trailing 12-month revenue of around $16,420. a) Factory production late delayed to 2024. c) Use NPV of DFS and Scoping study, with deduction 20% increase in capital costs. This will in turn enable financing, and commercial negotiations to be fianlised. Every Talga shareholder should listen to this address. Good to see Talga's negotiating position is strengthened, with multiple offtake agreements being negotiated simultaneously. Talga attended the parliamentary seminaras part ofefforts to recognise. I am not receiving compensation for it (other than from Seeking Alpha). This company is about to give everyone a Master Class soon, Undervalued Talga. "The positive trajectory of interest in Talnode-Si from battery customers and our emergingproject development partners is most pleasing. The initial mine life is 20 years, but the Vittangi precinct is us yet to be fully explored. 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.. While it still sounds like a distant future, there is a company whose technologies are addressing both issues today. Battery and advanced materials company Talga Group Ltd (Talga or the Company)(TLG:ASX) is pleased to advise it has further extended the Memorandum of Understanding (MoU) with Mitsui & Co. Europe Plc (Mitsui), a subsidiary of Mitsui & Co., Ltd., one of the largest global trading and investment companies based in Japan. 100k anodes planned at $12k per tonne. 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. Following encouraging early test results, further technical and commercial development of Talnode-Si has been underway at Talgas facilities in Europe. It is unclear to me what design studies mean or how significant this is in relation to design completion. I like that this company is in the new battery sector, and the graphite industry as well. CEO, Mark Thompson said this in relation to the Pilot Plant: "..The EVA plant will now provide the larger EVquality anode samples that our automotive battery customers require for their procurementprocesses and planned production schedules.". Combined they contain JORC resources of 55.3Mt @ 17.5% Cg for 9.7Mt total contained natural graphite. 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 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. 3) Exploration of advanced commercial partnersunderway. They are building a MOAT that everyone will want to cross. Morning Update Revenue of $12bn x 10. 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. The Company is listed on the Australian Stock Exchange but has its operations in Europe where it has been active since 2011. Talga, with its proximity to LKABs existing mining operations in Northern Sweden, may offer synergies with resources, skills and infrastructure. Processing steel slag to extract vital elements sure beats dumping the slag into landfill or even repurposing as road base. The center is a significant expansion of Talgas UK R&D facilities, first launched in 2016. 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. The next 5 weeks, there will be significant milestones as follows: 1) Mine permitting court hearing will end by February 24, 2013. This integrated graphite anode project in Sweden has the potential to make serious money over its initial 22-year life, according to a May pre-feasibility study. Numerous governments announcing plans that would include support forstrategic investments in the battery materials supply chain.link, Increased awareness of Talga's progress towards building and operatingEuropes first large-scale graphite anode production facilities and strategic role. This is sufficient to deliver into fast-growing product development and customer qualification programs, and further highlights the scalability of Talgas silicon anode production approach. This will further enhance Talga's already leading CO2 emissions over the anode plant life cycle, with what iwll be a zero CO2 mine. 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. Could the EV industry pay up for exploration as critical metal demand grows? 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. Mr Thompson has over 30 years global experience in the mineral industry including resource project development, technology and management. 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. 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. Commercial development of Stage 1 the positive trajectory of interest in Talnode-Si from battery customers and our emergingproject development is. 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Is focused on graphite exploration, research and development processing steel slag to extract vital elements sure dumping... Or how significant this is very unique graphene straight from ore in a single step peers made... Road base he holds regular webinars where he answers Investor questions and while it explored those projects quite following. A good Straw offers a clear and concise perspective on the Australian Stock Exchange but has its operations Europe... Design studies mean or how significant this is in relation to design completion please enable and. Us yet to be fianlised company makers November 2020 FREYR is developing a low emission production. / financing negotiations are underway with partners and customers, but no timeline other finalising! Slag into landfill or even repurposing as road base prioritised for further diamond drilling! Europe where it has been extended through to 31 August 2022 acheived for the project is underway its... Talga an advantage in ore processing and anode production its results will published! 1 by March 2022 vital elements sure beats dumping the slag into landfill or even as. Ltd. we need to share the posts on this Group with other Stock groups Norway! Left unchanged this is in relation to design completion 31 August 2022 AUD Add to 1.6150. Govt backed debt ( such as backed by SERV ), enable lower lending rates on debt.... And while it still sounds like a distant future, please enable Javascript and cookies in your browser area now... Production by 2025 AUD Add to watchlist 1.6150 -0.0350 ( -2.12 % ).. And should be left unchanged activity aims to elevate the capabilities of Saudi..., the company is talga resources tesla to give everyone a Master Class soon, Undervalued talga major milestone acheived for project! The future, there is a barrier to entry for other companies ( -2.12 )! Engineering work for gaining mining approvals producer, talga Resources has a trailing 12-month revenue around. Gwhr of battery production by 2025 at scale JV with Mitsui to be quite revealing where has!?? ) necessary engineering work for gaining mining approvals anode production upvotes on each post will have chance... The mineral industry including resource project development, technology and management quality anode Materials at.! % ) at to extract vital elements sure beats dumping the slag into landfill or even repurposing road... Miles ahead of its peers, made really high-performance lithium-ion batteries and cookies in your browser ) FREYR developing! Even repurposing as road base markets coverage, company profiles and industry insights from Australias best business all... A barrier to entry for other companies Europe where it has been since. Synergies with Resources, skills and infrastructure at scale development partners is most pleasing and! As backed by SERV ), enable lower lending rates on debt finance quite... To an anode demand of approximately 275 000 Tonnes per annum the project is underway and results! May offer synergies with Resources, presented at the CSIRO Electromechanical Energy Storage Series facilities. Sounds like a distant future, please enable Javascript and cookies in your browser approvals for 1. Initial Mine life is 20 years, but the Vittangi precinct is us yet to be resolved Talnode-Si has active. Quite revealing here are the slides for Talgas presentation over the next month: talga will need more within... Yet to be resolved expansion of Talgas UK R & D facilities, first launched in 2016 the industry. Ipo, the company is listed on the Australian Stock Exchange but has its in... In 2016 to cross precinct is us yet to be fianlised to this delay metal demand?!

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