Talga Resources Ltd (ASX:TLG) is listed on the Australian Securities Exchange. You will be responsible for environmental issues related to Talgas mining operations in Nunasvaara (Vittangi) and planned plant in Lule. I have no business relationship with any company whose stock is mentioned in this article. Key Takeaways: The delay is a little disappointing, but it is clear the EVA Pilot plant is quite complex as indicated in the 3-D images provided of the plant, and I imagine there was some delay co-ordinating and optimising the plant design. 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. 1.Introduction. It was a veritable candy shop of mineralisation, says managing director Mark Thompson. 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.". A 35 fold increase. Talga Resources (ASX:TLG) Company Profile Talga is a vertically integrated advanced battery anode material and graphene additives company headquartered in Perth, Western Australia, and listed on the Australian Stock Exchange since 2010. 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. US energy giant Tesla will next year open a factory near . Construction costs will also escalate by 8-15% due to the delay.Annoying. Director General of the DG ENER at the European Commission. Add to my watchlist Overview Discussion Corporate Spotlight More Sorry, the video player failed to load. 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. Development will include battery materials lab, and battery cell making facilities for cycle testing. 16 min read. When expanded it provides a list of search options that will switch the search inputs to match the current selection. The goal is to evaluate stand-alone commercial production in Europe (Talga Fast Tracks Mass Producible Silicone Anode Product). 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. 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. View today's TLG share price, options, bonds, hybrids and warrants. Advertisement Advertisement New questions in Araling Panlipunan. Talga Group I hold shares in Talga, NeoMetals, and Magnus Energy. The raise was reportedly oversubscribed and was supported by a range of institutional investors. 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 In August 2020, Talga Resources raised AUD 10 Million in institutional placement. Vae anketa. In my opinion, there might be several reasons why the company has been under the radar and was not noticed by the general investing public yet: Talga is a vertically-integrated advanced materials company, whose business activity lies in three interrelated fields. Could the EV industry pay up for exploration as critical metal demand grows? Look out for the potential for something out of left fieldin the form of direct investment to accelerate Talga's development of Stage 2. 22m @ 25.7% Cg, 29m @ 29.1% Cg (from 58m) NIS22026 incl. The project is currently in the permit stage where Talga is expected to be able to start establishment shortly.". Its great timing.. Werner noting the approval of $11 BN Euros in impactful investments. 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. This company is about to give everyone a Master Class soon, Undervalued Talga. Interesting Tweet. EVA plant installation scheduled to begin in Q4 2021. We may learn more about Sweden's intentions during COP26. 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.. Not only is it positive to see this extension, as to me it suggests they are on to something worthwhile, but something I find exciting is the sentence I have emboldened below. 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. I like that this company is in the new battery sector, and the graphite industry as well. TALGA GROUP LTD Analyst Report: Livent Corporation Livent is a pure-play lithium producer that was formed when FMC spun off its lithium business in October 2018. There is a trade pending processing for this company. 84m @ 20.2% Cg (from 15m) NIS22005 incl. It's free. I am wondering whether this update is more about pumping the the share price prior to a capital raise. Talga then set up an R&D centre in Cambridge, one of the top graphene universities in the world. Low energy costs in combination with a high amount of graphite in the ore give Talga an advantage in ore processing and anode production. 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. The current first program for the Kirchardt plant is a small-series production of modules, packs and . 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 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. 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. Couldn't help but notice Managing Director, Mark Thompson recent increase in activity on Twitter. 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. Large scale samples are being committed at prices above DFS price projections (+$12k USD per Tonne). The hearing represents the FINAL step before the Court hands down it's decision. Andre Geim and Kostya Novoselov were awarded the 2010 Nobel Prize in Physics "for groundbreaking experiments regarding the two-dimensional material graphene.". 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. is here. A note about relevant advertising 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. Key highlights: We are excited to start this trialgraphite mine at Niska South to supply critical natural graphite for our downstream re?ninginto greener Li-ion battery anodes for electric vehicles. Our vertical integration, strategic location and innovative processes are key to getting there. 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. 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. An update on the Vittangi graphite resource is expected in Q4 2022. Key takeways: 1) Talnode-Si approach is focused on a practical, scalable solution for silcon anode dosing, using Talga's proprietary graphene coating technology. 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. 3) FREYR is currently building a battery pilot plant which will, coincidentally, begin production about the same time as Talga's pilot plant. Feel free to follow me on twitter if you enjoy my articles.All opinions are my personal ones and are not an investment advice. 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. Lithium hydroxide (a processed form . We could now cheaply, with no limit on scale, make endless amounts of graphene, Thompson says. The product is an on-site dispersible powder that can add graphenes properties into paint and coatings. Following commissioning, Talnode-C will be shipped to battery cell makers to undergo next stage commercial testing. 4) Regulatory approvals for Stage 1 by March 2022. 1) Mark commenting on o tweet from the European Investment Bank (EIB) President, Werner Hoyer. Update following Investor presentation on August 6, 2022. The current investors attitude towards technology companies promising us a greener future by liberating us from the dominance of the combustion engine can be best described by this meme: Talga is a startup which claims that it can increase battery density by 20% and is valued above USD 1 Billion in the latest financing round (Sila Nanos battery tech is now worth over $1 billion). It is intendedthese discussions be extended to include Talgas Niska Project. However, Niska permit applications were lodged last year. 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. 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. 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. Please disable your ad-blocker and refresh. Talnode-C and Talnode-Si are currently undergoing customer qualification with numerous parties. 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. He takes his time to explain his ideas and vision and does not dodge hard questions. The Vittangi project certainly fits within NIB's core purpose of supporting the regions productivity and environment. 37m @ 29.6% Cg, 103m @ 17.9% Cg (from 55m) NIS22006 incl. To me, it appears that the most significant permitting risks have been dealt with. 3) Permits anticipated in Q1 2023, with Stage 1 production to commence 2024. I wrote this article myself, and it expresses my own opinions. Weekend Update, By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. Talga still owns those legacy projects, but graphite was always the focus. China spherical . Content is delayed by one month. Talga bygger en Europeisk leveranskedja fr batterianoder med hjlp av 100% frnybar el och naturliga material - alltsammans fr att. Talga Group Ltd (ASX:TLG & OTC:TLGRF) is a company focused on providing a source of advanced battery materials and graphene additives for the shift to a more sustainable world. Press question mark to learn the rest of the keyboard shortcuts. It operates through the following geographical segments: Sweden, Germany, United Kingdom and Australia. You can extrapolate to your own numbers. Please visit the forums tab for general discussion. At a European battery show in Hanover in early 2018 the company was swamped with queries from car brands, electronics companies, and battery makers, says Thompson. Unsubscribe whenever your want. Key highlights: On December 9, 2021, Talga announced further results on resource in-fill and extension drilling. 4) Mine permitting will enable European Development Banks to approve/progress funding of project. They dont have that. Our lending activity aims to support the regions productivity and environment. The company is currently developing a whole pipeline of anode products: (Investor Presentation August 2020, page 10). The area is now being prioritised for further diamond core drilling over the next month. Key takeaways: The feasibility study predicts the cost of production of the core product Talnode-C to be $1 852 USD per tonne, and the anticipated sale price of Talenode-C to be $11 205 USD. AMATI STRATEGIC METALS: Duo behind 90m fund are really showing their mettle. 6) EVA plant completed and ramping up to full production, with a number of customers in 'advanced' stages of qualifications. This vertical integration with 100% ownership of mineral supply, processing and product is designed to provide security of supply for customers and create long-lasting value for our stakeholders. Mark Thompson is an extremely investor-friendly CEO. Expect expanded resource size & anode production capacity. Market Close Update 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. Featured News 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. Support in building supply chains, relationships with suppliers, assist the procurement and contracts group. 4) Project program slips to 2024, a 6 to 12 month delay form previous guidance. 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. 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. Thats a substantial profit margin. 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. This was presented last month. Graphite is significantly closer to the surface than anticipated, with just 0.5 - 3 metres of soil and cover. 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. This is where Talga, headed by affable managing director Mark Thompson, comes in. The reason given for the raise is to fund expansion and advancement of the Vittangi Anode Project development, next generation anode R&D and commercialisation, and general working capital. Intiially, the development was to be carried out in two stages. 3) NPV of Stage 2 development estimated to be between $2.4 -$4.6 BN USD. 19m @ 42.5% Cg (from 162m), Anna-Michelle Asimakopoulou, Member of European Parliament, Peter Handley, Head of Unit, DG GROW at European Commission. 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. I have no business relationship with any company whose stock is mentioned in this article. For example, through partnerships for project finance. Also, value add for R&D/product pipeline potential. Ive been watching the share price for a little bit now since its run up toward $2 it seems to have based here and positioned for a big move on any news.. what can we expect within the next month?? Especially when considering Vulcan is actually carbon negative! The world needs to sit up and take notice of the harm caused by battery materials sourced from China. The plant near Heilbronn manufactures high-voltage systems for electric vehicles and plug-in hybrids. 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. 25m @ 40.0% Cg (from 156m), 26m @ 37.6% Cg (from 159m) NUS21012 incl. 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. The recent market recognition of our pragmaticapproach in using metallurgical-grade silicon to provide performance at significantly lower potentialcost is a sign that our team had great forethought in the development of this unique product andprocess. ", "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. 5) Expansion planning -The review of expansion options is expected to include a scoping study on the unification of all existingVittangi graphite project deposits, along with resource increases potentially arising from the upcomingdrilling. We were working with companies like the Tata Group at the time. 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. 3) Exploration of advanced commercial partnersunderway. Tesla was created to accelerate the advent of sustainable transport, and this policy is intended to encourage the advancement of a common, rapidly-evolving platform for electric vehicles, thereby benefiting Tesla, other companies making . They have $5 Billion AUD annual turnover, and are regarded as a high tech miner. There is significant risks in permitting, financing, and offtake agreements. 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