4) Commercial / financing negotiations are underway with partners and customers, but no timeline other than finalising critical contracts this year. This website uses cookies. 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. Thats not too into the future! DISC - I hold, but will be capping my holding at 5% max. Among them, Jaguar Land Rover has vowed to go fullyelectricby 2025, andVolvoby2030. With the positive spin around exploration results and pilot plan progress update, is was looking increasingly likely, Talga was not going to close a deal with LKAB & Mitsui. Mr Thompson has over 30 years global experience in the mineral industry including resource project development, technology and management. Secondly, Benchmark EV Fest - Graphite vs Silicon presentation. Talnode-C and Talnode-Si are currently undergoing customer qualification with numerous parties. 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 . Right now, the company is scaling up Talnode-C production for testing by customers ahead of potential supply deals. Our growth is strategically designed to match the growth of the wider industry. "I would be avoiding it and selling it as fast as I could. 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. The carbon footprint declaration will become mandatory under the incoming new EU Batteries Regulation.. There are so many potential application fields that even Wikipedia has a standalone article on the potential application of graphene. Authorised for release by the Board of Directors of Talga Group Ltd. 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. The plant near Heilbronn manufactures high-voltage systems for electric vehicles and plug-in hybrids. Upgrade your membership to unlock all content. Key Takaways: 2) Stage 2 will quintuple production form 19 kTonnes to +100 kTonnes per annum. Broken down below. So one day soon 1 million tonnes @ $12k basket. The DFS, financing, and JV news yet to come. It appears Verkor is looking to secure a significant chunk of Talga's anode production capacity. I have attached the Swedish mining approval process below. The company mines graphite in Sweden, operates a test processing facility in Germany under Talga Advanced Materials GmbH and has a product development arm, Talga Technologies UK Ltd located in Cambridge, UK. Pretty good, and opens up new markets, such as aircraft, which require high power densities. That's a subsidiary of Japanese global trading and investment giant, Mitsui & Co., Ltd. This is consistent with the delays in mine approvals, which were originally programmed to be issued by end of Q1 2022, and which appear to have slipped to Q3/Q4 2022, given the land & environment court hearing is scheduled for Q3/Q4 2022. Talga (ASX:TLG) began listed life as a gold explorer in 2010. 90m @ 30.8% Cg (from 155m) NUS21008 incl. 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. 37m @ 29.6% Cg, 103m @ 17.9% Cg (from 55m) NIS22006 incl. 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 . Talga announced an expanded MOU with ABB. 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. It appears there are plans to significantly increase the scale of Taga's anode production plans, given the demand, and the scale of their as yet only partially defined deposit. The word "Insider". Additionally, seeing such shallowand high grade mineralisation extending from our drilling and deposits up to 3km awaydemonstrates the consistency of this world-class graphite supply for more sustainablebattery manufacturing within Europe.. This is also known as Online Behavioural Advertising. Please disable your ad-blocker and refresh. 46 Colin Street Some key takeaways: European battery production to grow by around 275 GWhr per annum over the next 10 years. 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 Check out their investor presentation. . Talga reported the remaining balance of its 36 hole drill campaign. 3) EU Commission is seeking to take a proactive role in developing the battery supply chain The EU Commission President is advocating for the EU Commission to make equity investments in small enterprises to accelerate development. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. In August 2020, Talga Resources raised AUD 10 Million in institutional placement. And on top of this, Talgas natural graphite has unique properties that enable their Talnode-C product to be superior to alternatives too. Two presentations over the past week. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. Talga went public with their breakthrough in early 2014, and by 2015 decided to set up a pilot plant in Germany to scale up the process and make nanomaterials from their graphite ore. For that they needed more metallurgists, more engineers, and more scientists. At the time, there was almost no western explorers or miners in graphite the mineral used to make the anode for lithium-ion batteries. Tesla zaala do. 3) LKAB is a Swedish state owned mining and minerals group, predominantly in iron ore operatinos in Northern Swedish, close to the Talga Vittangi project. Companies will be paying players to take their spent batteries off thema yet unaccounted for revenue stream, and I believe potentially a very lucrative one. Automotive giants. High Voltage: Teslas supersized Gigafactory could need 2 lithium, 4 cobalt, 8 nickel, and 9 graphite mines worth of production every year, Market Highlights: Wall Street gains, Aussie CPI ahead, and 5 ASX small caps to watch on Wednesday, Market Highlights: iPhones shortage, Fed Powell to speak, and 5 ASX small caps to watch today, Market Highlights: ASX to rise, oil price volatility, and 5 small caps to watch on Wednesday, MoneyTalks: The commodities and stocks Barclay Pearces Morgan McGuire thinks can win commodity supercycle, Caught short? General discussion on decarbonised transport, renewables, batteries, graphite, and graphene is also welcome here. Graphite is significantly closer to the surface than anticipated, with just 0.5 - 3 metres of soil and cover. The extension date is aligned with expected finalisation of execution plans as well as required permitting and approvals. Theres so much money to be had in battery recycling. In its Niska Study, they reported: "The ultimate funding strategy will based on the negotiations with potential project partners andfinanciers, and the conditions of the equity capital markets and relative debt financing opportunities,at the time of the final investment decision. Even Nikola (NKLA), a publicly-traded company with a questionable reputation whose claims have been challenged and/or proven false is still valued at around USD 9 Billion (per October 9, 2020). PFS indicates Talga will be the lowcost producer of anode material - with lower costs than the majority of Chinese competitors. (Company Presentation CSIROE October 2020, Page 16). Intiially, the development was to be carried out in two stages. 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. Using China Synthetic in an EV ACTUALLY does more harm to the environment than driving an ICE vehiclethats not green! Get Talga Resources Ltd historical price data for TLG stock. 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. BMR YEARBOOK - Battery Materials Review Ltd. The new EVA plant allows Talga Group to demonstrate it can delivery quality anode materials at scale. 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?? 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. Plant design completed, and major equipment is ordered. In June 2016 the company raised $10 million in a placement. Large scale geophysical survey identifies 600 m long conductor adjacent to planned concentrator site. West Perth,Australia 6005. joined members of Swedish Parliament, Mattias Karlsson and Emilia Tyr, as well as representatives from the Electrification Commission, Swedish Energy Agency and. 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 . Battery materials like Lithium, Nickel, and Cobalt get more media attention than Graphite. Talga then set up an R&D centre in Cambridge, one of the top graphene universities in the world. The scoping study for the project is underway and its results will be published in November 2020. The Sweden geographical segment explores and develops graphite. Talga owns Europe's largest natural graphite . 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. 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.". All three companies are also green at a time that t he world is screaming out for accountability of CO2 footprint through all stages of the suppply chain. 6)Exploitation (mining) and environmental permits were submitted to relevant authorities in May 2020. 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. Revenue of $12bn x 10. This is all good stuff but I would rather hear more about their Talnode-Si development, and progress on solid state batteries. But on that front I also know there are years of still having the current configuration, and in this arena Talnode-C will hold its own. The final 2 steps, I understand, are more or less procedural, requiring Talga Group to demonstrate works will be carries out in accordance with building and planning codes. In the short to medium term, strong demand. Straws are discrete research notes that relate to a particular aspect of the company. These [companies] will be price takers, whereas we are set to define the products we want to sell. But the UK has indicated it wants 200k tonnes, and TLG is already looking at further expansion. Anna-Michelle Asimakopoulou's key points: My takeaway is, Talga's challenges centre around authority approvals, hence why the intense lobbying underway, and financing does not appear to be that much of a concern - Perhaps a big announcement will be forthcoming over the next few days. Livent should benefit from. A 35 fold increase. | February 25, 2023 Our ambition is to enable the world's most sustainable battery and consumer products. 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. It was also announced that Talga's partner, ABB have received a letter of support form Swiss Export Risk Insurance (SERV) for ABB's delivery for the project. The 2 stages will nw be combined into one stage. Intersting takeaways: 1) Vittangi Detailed Feasibility Study due this month. This coincides with the completion of the mining permitting process. We were finding that the [graphene] process was good, it was underway, but it was slower than we wouldve liked., READ: Size does matter for Talgas graphene coating trial. There are endeavours to incorporate the material into sensors, aircraft, green tech solutions, industrial robotics, sporting equipment, paint the list goes on. Talga Resources aiming to become Europe's next commercial scale Li-ion battery anode producer Proactive 4.4K views 2 years ago Martinrea Improves Brake Lines with Graphene - Autoline Exclusives. 84m @ 20.2% Cg (from 15m) NIS22005 incl. 10x revenue for a fast growth business is not unreasonable. The company is based far away from Silicon Valley and is not listed on the US Stock Exchange. There is a trade pending processing for this company. One would expect Talga Resources to be extremely overvalued by now. Mr Phillips is an experienced project manager, commercial manager and company director with over 25 years of global metals and mining sector experience. February 24, 2023 | Reuben Adams, February 21, 2023 | Gregor Stronach, February 14, 2023 | Jack McGinn. Talga is a battery anode and advanced materials company accelerating the global transition towards sustainable growth. However, the shares can still be acquired in the US OTC. Talga is developing a graphite mine in Sweden, with a trial 25,000-tonne mine already approved. Battery anode producer, Talga resources Ltd, have announced they have increased Talnode-Si production capacity 10-fold due to strong demand and psitive feedback from customers. make serious money over its initial 22-year life, Rise and Shine: Everything you need to know before the ASX opens, CLOSING BELL: Like glands through the shower glass, this was a day of our lives. Talgo will also have the lowest meissions per tonne of anode, with less than 5% of the CO2 emissions per Tonnecompared to Chinese competitors. Thanks . The MOU has been extended through to 31 August 2022. While it still sounds like a distant future, there is a company whose technologies are addressing both issues today. Interestingly, this is after a capital raise, not beforehand, which is often the case with MDs. Talga Resources shares (TLG) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Talga has successfully commissioned and is now operating its Electric Vehicle Anode (EVA) qualification plant in northern Sweden to supply coated anode for battery customer qualification The EVA plant uses graphite concentrate from the Company's wholly-owned Vittangi Graphite Project to produce Talga's flagship Li-ion battery anode product . Suggested Talga needs to build a positive narrative on why the Talga Project is needed for the EU and Sweden. Combine Talga anode material with Vulcan Lithium and you have very close to a carbon neutral battery manufacturing process. ( Graphene Week 2018 Company Presentation , Page 8) The ones that can be meaningfully scaled mid-term are coating and . Talga Resources develops graphene-based products in four different sectors. I hold shares in Talga, NeoMetals, and Magnus Energy. However, Niska permit applications were lodged last year. Four hours ago, Musk's plane landed near Hagnesta, Sdermanlands ln, Sweden . Add to my watchlist Overview Discussion Corporate Spotlight More Sorry, the video player failed to load. Development will include battery materials lab, and battery cell making facilities for cycle testing. 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. 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. 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