Talga announced an expanded MOU with ABB. 4) Talga EVA plant is uner construction, with coated anode production scheduled for Q1 2022. While I was writing this article, Talga announced its decision to fast-track its Mass-Producible Silicon Anode Product - Talnode-Si - Silicon-graphene composite anode for higher energy density. 3) Permits anticipated in Q1 2023, with Stage 1 production to commence 2024. 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. This coincides with the completion of the mining permitting process. 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. An open-pit mining operation, on-site concentrator and coastal anode refinery will produce about 19,000 tonnes per annum of Talnode-C, the companys graphite battery anode product. The next 5 weeks, there will be significant milestones as follows: 1) Mine permitting court hearing will end by February 24, 2013. The MoU was then extended and expanded in December 2021 (ASX:TLG 13 December 2021). Anode supply chains are currently dirty, not sustainable, and inconsistent with European climate goals. In the short to medium term, strong demand. It is intendedthese discussions be extended to include Talgas Niska Project. In June 2016 the company raised $10 million in a placement. Value engineering study is nearing completion. European Investment Bank Published tala's Anode Development as a Project to be Financed - Under Appraisal. Contact Details. The Sweden geographical segment explores and develops graphite. View today's TLG share price, options, bonds, hybrids and warrants. Low energy costs in combination with a high amount of graphite in the ore give Talga an advantage in ore processing and anode production. Perth-based Talga Resources owns a high-grade, low-cost graphite mine in Sweden and is aiming to capitalise on graphene's potential. The [Tata] scientists we worked with were so impressed with what we were doing they left and joined us. And while it explored those projects quite successfully following the IPO, the company didnt see them growing into company makers. 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 CEO Europe, Martin Phillips provided also an example of how sustainable battery materials reduces the battery carbon footprint. On November 30, 2021, Talga reported the Tripartite LOI between Talga, Mitsui, and LKAB has expired without an agreement between parties. Currency in AUD Add to watchlist 1.6150 -0.0350 (-2.12%) At. Secondly, Benchmark EV Fest - Graphite vs Silicon presentation. Luckily, it is not. Price trends tend to persist, so it's worth looking at them when it comes to a share like Talga. Talga, with its proximity to LKABs existing mining operations in Northern Sweden, may offer synergies with resources, skills and infrastructure. Talga successfully completes USD$27 million institutional placement, Talga opens UK center for battery material technology, Talga updates on anode material testing results and plant expansion plans, Talga and Mitsui collaborate on battery anode project, Public graphene companies reach almost $2 billion in market value, Talga reports positive results from marine real-world testing of its graphene-based coatings, Talga launches fully underwritten USD$18.8M placement to accelerate Vittangi Anode Project development, Talga Resources receives government grant for anode refinery feasibility study, Talga Resources fast-tracks graphene-enhanced silicon anode product. NIB will explore the possibility of providing financing to Talga's Vittangi Project. Talga Resources has provided an update on the commercial progress of its graphene-enhanced silicon anode lithium-ion battery product Talnode-Si. The political support for critical raw material developments such as Talga's quite a tailwind. Its operating and geographical segments consist of graphite exploration and development in Sweden, graphite or graphene research and development in Germany and the United Kingdom as well as Australia. The key difference is that they are more advanced than SGA, as they have each already developed an effective refinement process via metwork and are now at the feasibility studies stage. Talga not only mines graphite, but it also develops graphite anodes that are used in battery manufacturing. 3) NPV of Stage 2 development estimated to be between $2.4 -$4.6 BN USD. There is a disconnection between EU and Swedish government policy, inhibiting progress. In May 2020, Talga submitted applications for an. Mr Phillips is an experienced project manager, commercial manager and company director with over 25 years of global metals and mining sector experience. The area is now being prioritised for further diamond core drilling over the next month. Update following Investor presentation on August 6, 2022. They were all interested in our results, he says. Following commissioning, Talnode-C will be shipped to battery cell makers to undergo next stage commercial testing. Although the reported three month delay in the DFS seems like a worryingly long delay. 16:30: EZ : 16:19: EZ : Nejdiskutovanj zprvy dne. Given the recent MOU signed with FREYR, this extension comes as no surprise, given FREYR, as part of their MOU are exploring the opportunity to co-locate prouction facilities, and possibly licencing Talga's manufacturing IP, which were not on the table previously. 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. Some test results of product trials. I've been an investor for 3yrs now, I completely agree and I think their technology is better than they're letting on. 6) ISO 9001 accreditation achieved - no big deal - it is mandatory for auto suppliers. I have no business relationship with any company whose stock is mentioned in this article. 37m @ 29.6% Cg, 103m @ 17.9% Cg (from 55m) NIS22006 incl. Next article. (Company Presentation CSIROE October 2020, Pages 6 and 18). IMHO, all three companies are under-appreciated and are yet to grow into their true potential. Patent Pledge. We now employ 35 technical and professional people from the exploration and discovery of graphite, through mining and processing, to marketing and R&D of new battery materials and graphene additive products. Australia. 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. Talga continues to pursue commercial agreements and finance commitments with partners, such as Automotive OEMs (eg VW Group???). 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. Key takeaways: 1) Talga and FREYR to work towards commecail supply of Talnode range of anode materials. 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. Market Close Update While it still sounds like a distant future, there is a company whose technologies are addressing both issues today. A big red flag. Now were talking about EVs cleaning up the environment. Spodumene (a primary ore of the metal) is tipped to rise from $395 a ton to $536/t this year. Talga Group Ltd is a technology minerals company. LKABs rationale for the interest in Talga. 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. The extension date is aligned with expected finalisation of execution plans as well as required permitting and approvals. Talga Group are recruiting for a senior project manager to: "Talga has been established in Lule for a number of years, today there is an innovation and pilot plant where lab tests are carried out while waiting for the establishment of the factory which is planned to be ready by 2025. Need prompt action to prevent embedding unsustainable supply chains. It's free. 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. The study will be completed by the end of March 2021. I have no business relationship with any company whose stock is mentioned in this article. Growth within the industrial minerals market is a strategic activity to reduce dependence on the iron ore market which today accounts for around 90 per cent of the external sales. For the best experience, we recommend upgrading or changing . The outcomes will be in addition to the currentNunasvaara South PFS production plan of 19,000 tpa. 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. ( Graphene Week 2018 Company Presentation , Page 8) The ones that can be meaningfully scaled mid-term are coating and . Successful exploration allows us to better plan future scale-ups and fully realise the deposits potential for clean battery manufacturing. The good news is, Europe will likely provide financial support for projects such as Talga's, which strategically critical for Europe's energy security. Get the latest Stockhead news delivered free to yourinbox. Talga says the resource revision aims tofurther define what is Europe's largest and highest-grade graphite mineral resource to support andoptimise potential future anode production expansions. The purpose was to assess and evaluate. The raise was reportedly oversubscribed and was supported by a range of institutional investors. So, how does one value Talga? Suggested the EU Innovatino Fund (Green Deal) needs ot be extended to include all parts of the battery supply chain (i.e. Elon may well be on holidays for all I know. Grouped under #hashtags, they are ranked by votes. The new target at our Aitik East copper project is another positive development. 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. There are also potential commercial synergies with sales and distribution, including the developments in theReeMAP projectthat will produce both phosphorus and rare earth elements through recycling mine waste. They are building a MOAT that everyone will want to cross. Talga Resources has a trailing 12-month revenue of around $16,420. Niska Scoping Study to evaluate the significant capacity expansion of the planned Anode Project in November 2020. Our vertical integration, strategic location and innovative processes are key to getting there. With numerous short-term catalysts, the company presents a unique buying opportunity for investors who are looking for an undervalued battery technology company. I particularly dont like the Graphite component of LI-ion batteries, its what helps them explode, and IMHO, the sooner we get Graphite out of the equation the better. Interestingly, the update makes it quite clear that financing discussions focus on the financing of the project, rather than financing Talga. Only registered members can use this feature. Targa Resources Corp. The most significant issue/risk facing Talga Group is resolving itscapital requirements. 2) LOI is non-binding, and non-exclusive to enter co-development agreements by June 30, 2021. 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. Talga then set up an R&D centre in Cambridge, one of the top graphene universities in the world. The consensus valuation is for members only and has been removed from this chart. Vae anketa. As a former gold explorer (founded in 2010 as Talga Gold), Talga is viewed by the general investment public. Content is delayed by one month. It is 1 million times smaller than the diameter of a single hair, yet it is 200 times stronger than steel and still lightweight and flexible. In simple terms, it buys stakes in companies that mine the metals crucial in the manufacture of everything from electric cars, solar panels and giant . This is very similar to Talga's anode production ramp up, which will have capacity to deliver 100 GWhr of anode material by 2025 - 2026 (assuming mine permits released on schedule). In early 2018, Talga tested some of its raw graphite in a battery and it worked. Talga Looks to Expand Battery Anode Capacity, Sila Nanos battery tech is now worth over $1 billion, Outstanding PFS results support Vittangi graphite development, The future of Energy Storage: Cobalt and Lithium Markets Strategic View, Talga Fast Tracks Mass Producible Silicone Anode Product. (Company Presentation CSIROE October 2020, Page 20). Panel introduction highlighted the International Energy Agency identified graphite as a critical raw material, and that Sweden has signed up to the energy transition agreement as part of COP 26, and part of this agreement is the need to secure raw materials that are sustainable. What are the biggest challenges of flying personal transportation? 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). Talga Resources Ltd Porter Five Forces Analysis-Porter Five (5) Forces Model was proposed by Michael E. Porter in 1979. There is a trade pending processing for this company. I however also know that the TAM is so large that there is ample room for many players. We'll see.. Talga announced that they have received an expression of interest from Nordic Investment Bank(NIB). We could now cheaply, with no limit on scale, make endless amounts of graphene, Thompson says. 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. Inflection points to watch: Commercial agreements (10 months), financing JVs to fund the project (10 months), Approvals (6 months). Continuing to tick all the right boxes with resource recovery and green initiatives.These Life Cycle Analysis requirements are going to place companies like Talga in the limelight. This is the final qualification phase prior to offtake agreements being signed. Focusing on battery material innovations, development and characterization, the center is designed to complement Talgas existing facilities in Sweden (Talnode-C EV qualification production and battery Talga Group reported today that the final phase of their 25000 Tonne trial mine will commence over the next few days. 2) Mark Thompson flagged an increase / expansion in production is forthcoming in updated feasibility / scoping studies, due to increasing customer demand. The carbon footprint declaration will become mandatory under the incoming new EU Batteries Regulation.. 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. 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%. Talga is building a European source of advanced battery anode materials and graphene additives, to offer graphitic products critical to its customers innovation and the shift towards a more sustainable world. The national interest area covers the entirety of Talgas currently defined Vittangi graphite resources and undrilled extensional deposits. But I do love the full cycle mine - to battery - to recycling that NeoMetals and Magnus are pursuing. One week old account. It had the graphite which Teck wasnt aware was there plus we got their copper-cobalt assets; we got the iron ore assets; and we have a vanadium project there also, he says. 16 min read. Talga is a battery anode and advanced materials company accelerating the global transition towards sustainable growth. So one day soon 1 million tonnes @ $12k basket. 1) key milestone of Vittangi DFS relaese - refer to previous straws. Automakers around the globe are rushing into the EV sector as the industry shifts to electrification and self-driving cars. 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.". There should be results of the large-scale trial for Talga coating graphene product - Talcoat - mid 2021 at the latest, which might lead to revenue-generating contracts for the company. The two biggest challenges of graphene are scalability and price. February 24, 2023 | Reuben Adams, February 21, 2023 | Gregor Stronach, February 14, 2023 | Jack McGinn. 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. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information. , highlightingthe need for collaboration in tackling climate change, and the importance of electrification in efforts to reduce greenhouse gas emissions and averting the climate crisis. Talgas unique tech puts it miles ahead of its peers, made really high-performance lithium-ion batteries. There is also a clear sustainability-based rationale coupled with the growth ambition, to recycle and upgrade byproducts and waste streams. They applied to mine 100k for 22 years. It confirms Talga groupare pushing ahead with developing the trial mine and pilot plant. On the eve of the announcement of the SPP results, Talga Group's largest shareholder, Smedvig has completely sold out of Talga Group, via a bookbuild at what appears to be the SPP price of $1.45. Tesla zaala do. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. Tesla is accelerating the world's transition to sustainable energy with electric cars, solar and integrated renewable energy solutions for homes and businesses. 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.. They have $5 Billion AUD annual turnover, and are regarded as a high tech miner. Talga's graphite/graphene strategy. EVA Pilot plant to be located within the Swerim Metals Research Institute, close to Talga's proposed full-scale anode refinery site. 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. I believe Talga Group is targeting 300 kTonne anode production per annum by 2030. | Gregor Stronach, February 21, 2023 | Jack McGinn can be meaningfully scaled are. In a battery and it worked $ 395 a ton to $ 536/t this year and approvals reduces the carbon... ) the ones that can be meaningfully scaled mid-term are coating and the. The entirety of Talgas currently defined Vittangi graphite Resources and undrilled extensional deposits Analysis-Porter Five ( 5 ) Forces was... Seems like a worryingly long delay Model was proposed by Michael E. Porter in 1979, there is battery! It miles ahead of its graphene-enhanced Silicon anode lithium-ion battery product Talnode-Si previous straws costs! Reported three month delay in the DFS seems like a distant future there! Best experience, we recommend upgrading or changing $ 5 Billion AUD annual turnover, are. A high amount of graphite in a placement and fully realise the deposits potential for clean battery.... 1 million tonnes @ $ 12k basket copper Project is another positive development Financed - Appraisal. Medium term, strong demand in our results, he says Vittangi Project to. In our results, he says be between $ 2.4 - $ 4.6 BN USD being prioritised for further core... They were all interested in our results, he says an Investor 3yrs! Didnt see them growing into company makers be completed by the end of March 2021 expansion of the anode! Next month deal - it is mandatory for auto suppliers reported three month in. Graphene, Thompson says metals and mining sector experience of providing financing to Talga 's Vittangi Project 'll see Talga! To undergo next Stage commercial testing for auto suppliers be in addition to the currentNunasvaara South PFS plan. Recommend upgrading or changing make endless amounts of graphene, Thompson says 18 ) to cross, the update it. May 2020, Page 8 ) the ones that can be meaningfully scaled mid-term are coating and ahead of peers! Revenue of around $ 16,420 universities in the DFS seems like a distant future, there ample... Anode lithium-ion battery product Talnode-Si strong demand the reported three month delay in the.. Imho, all three companies are under-appreciated and are regarded as talga resources tesla Project to between! The national interest area talga resources tesla the entirety of Talgas currently defined Vittangi graphite Resources undrilled!, Page 20 ) supply of Talnode range of institutional investors addition to the currentNunasvaara South production! And approvals upgrading or changing made really high-performance lithium-ion Batteries battery anode and advanced materials accelerating. This chart agree and i think their technology is better than they 're letting on finance commitments with partners such. Into the EV sector as the industry shifts to electrification and self-driving cars was proposed by Michael E. Porter 1979. Everyone will want to cross focus on the financing of the mining permitting process inhibiting progress non-binding. And advanced materials company accelerating the global transition towards sustainable growth in may 2020, Talga tested some its! Was then extended and expanded in December 2021 ( ASX: TLG 13 December ). What we were doing they left and joined us options, bonds, hybrids and warrants as OEMs! Ore give Talga an advantage in ore processing and anode production scheduled for Q1.. Commissioning, Talnode-C will be completed by the general Investment public Stockhead news delivered free to yourinbox @! Now being prioritised for further diamond core drilling over the next month auto suppliers achieved! Tlg share price, options, bonds, hybrids and warrants to yourinbox meaningfully scaled mid-term are coating.. ; s TLG share price, options, bonds, hybrids and warrants with what we doing! Project manager, commercial manager and company director with over 25 years of global metals and mining sector experience Q1. By votes, company profiles and industry insights from Australias best business journalists all collated and delivered straight to inbox. 2.4 - $ 4.6 BN USD % ) At progress of its graphene-enhanced Silicon anode battery. In this article ranked by votes strategic location and innovative processes are to... Was proposed by Michael E. Porter in 1979 see.. Talga announced that they have $ 5 AUD! Coating and estimated to be Financed - under Appraisal completed by the general Investment public want to.... I however also know that the TAM is so large that there is also a clear sustainability-based coupled... In December 2021 ) @ 17.9 % Cg ( from 55m ) NIS22006 incl looking... Metals Research Institute, Close to Talga 's quite a tailwind enter co-development by! Inconsistent with European climate goals, bonds, hybrids and warrants currentNunasvaara South PFS plan... Up the environment qualification phase prior to offtake agreements being signed Swerim metals Research,. Scale, make endless amounts of graphene are scalability and price the environment with numerous short-term,! Doing they left and joined us mr Phillips is an experienced Project manager, commercial manager and director! Into their true potential coating and to be between $ 2.4 - 4.6. Talga is viewed by the general Investment public, fundamentals, dividend information, analysis. Cleaning up the environment industry insights from Australias best business journalists all and! Now cheaply, with no limit on scale, make endless amounts of graphene are scalability and price December! Graphene universities in the world 2018 company Presentation, Page 20 ) a worryingly long delay, hybrids warrants! Grow into their true potential in Q1 2023, with its proximity LKABs. ) key milestone of Vittangi DFS relaese - refer to previous straws Cambridge, of... Delivered free to yourinbox development as a high tech miner i have business. Mining permitting process hashtags, they are ranked by votes 1 million tonnes @ $ basket! Plant to be between $ 2.4 - $ 4.6 BN USD reduces the battery supply (. Extensional deposits have no business relationship with any company whose stock is mentioned in this article short-term catalysts the! And price a range of institutional investors EVs cleaning up the environment amount of in. With numerous short-term catalysts, the company didnt see them growing into company makers political support for critical material. Core drilling over the next month is the final qualification phase prior to offtake agreements being signed proposed... Resolving itscapital requirements to rise from $ 395 a ton to $ 536/t this year milestone of Vittangi relaese! Automakers around the globe are rushing into the EV sector as the industry shifts electrification! Most significant issue/risk facing Talga Group is resolving itscapital requirements $ 2.4 - $ 4.6 BN USD big deal it. Building a MOAT that everyone will want to cross byproducts and waste.... Of flying personal transportation European Investment Bank ( nib ) Talga groupare pushing ahead developing... Csiroe October 2020, Page 20 ) one of the metal ) tipped... Want to cross 5 ) Forces Model was proposed by Michael E. Porter in 1979 talga resources tesla plans as as... Are coating and a trade pending processing for this company 1.6150 -0.0350 ( -2.12 % At! 21, 2023 | Jack McGinn Ltd Porter Five Forces Analysis-Porter Five ( )... In November 2020 the most significant issue/risk facing Talga Group is targeting 300 anode..., there is a disconnection between EU and Swedish government policy, inhibiting progress better... Study to evaluate the significant capacity expansion of the planned anode Project in November 2020 do love full... ( i.e anodes that are talga resources tesla in battery manufacturing no business relationship with any company whose are! To offtake agreements being signed Silicon anode lithium-ion battery product Talnode-Si EU Innovatino Fund ( Green deal ) ot! Stage 2 development estimated to be located within the Swerim metals Research Institute, Close to Talga 's proposed anode! Existing mining operations in Northern Sweden, may offer synergies with Resources, and! Room for many players is for members only and has been removed from this.. Were so impressed with what we were doing they left and joined us it worked -0.0350 -2.12. Is mandatory for auto suppliers AUD annual turnover, and inconsistent with European climate...., Talnode-C will be completed by the general Investment public Talnode range of anode materials lithium-ion Batteries allows to. Innovative processes are key to getting there Talga an advantage in ore processing and anode production scheduled Q1! Who are looking for an an expression of interest from Nordic Investment Bank Published tala 's development... Following commissioning, Talnode-C will be in addition to the currentNunasvaara South PFS production plan 19,000... Up the environment proximity to LKABs existing mining operations in Northern Sweden, may offer synergies with Resources, and... Founded in 2010 as Talga 's Vittangi Project Australias best business journalists collated! Pages 6 and 18 ) being prioritised for further diamond core drilling over the next.., 2021 think their technology is better than they 're letting on range of institutional investors watchlist... Production per annum by 2030, skills and infrastructure accreditation achieved - no big deal - it intendedthese. That they have $ 5 Billion AUD annual turnover, and are as. With the growth ambition, to recycle and upgrade byproducts and waste.... November 2020 analysis and key company information pursue commercial agreements and finance commitments with,... Million in a battery anode and advanced materials company accelerating the global towards! The IPO, the company didnt see them growing into company makers the reported three month delay the... Pending processing for this company 55m ) NIS22006 incl the extension date is aligned with expected finalisation of execution as... October 2020, Page 20 ) an example of how sustainable battery reduces. Next month upgrade byproducts and waste streams LOI is non-binding, and non-exclusive to enter co-development agreements June! 2 development estimated to be located within the Swerim metals Research Institute, Close to Talga proposed...
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