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. Mr Thompson is a member of the Australian Institute of Geoscientists and the Society of Economic Geologists. 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. Talga Group hasannounced a fund raise ofAUD$22 million (around USD $14,000,000). 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. 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. Global graphite demand to increase 400% by 2040, and 100% of which is currently imported into the EU. Our ambition is to enable the worlds most sustainable battery and consumer products. I found the following slide to be quite revealing. Especially when considering Vulcan is actually carbon negative! Get the latest Stockhead news delivered free to yourinbox. Mr Stinson has over 35 years Executive and non-Executive Director experience, working for global innovation companies across a range of industry segments, along with a proven track record in leading international collaborations and joint ventures working with Yamaha, Honda, Chrysler and others. Luckily, it is not. Thats where Talga comes in. Given the available resources and projected demand, many expect future production far beyond the 120 kt/a that we know of so far. By combining the development of their integrated graphite anode facility in Sweden into a single commercial stage, Talga (ASX:TLG) has been able to offset . Interesting video outlining the geology of the Vittangi Site. We started building our own science and R&D team, responsible for working out how to get our graphene to mix with a customers product.. 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. Tesla is accelerating the world's transition to sustainable energy with electric cars, solar and integrated renewable energy solutions for homes and businesses. 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. This means the relevant authorities have completed scrutiny of the application documentation, including supplementary information provided by Talga Group. Straws are discrete research notes that relate to a particular aspect of the company. If you're looking to buy shares, check out the steps below. Govt backed debt (such as backed by SERV), enable lower lending rates on debt finance. Refer to article here. 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. Is this happening to you frequently? 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. 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 . Unsubscribe whenever your want. 10x revenue for a fast growth business is not unreasonable. 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. For example, through partnerships for project finance. And that is a great approach in todays climate sensitive environment. Unlike battery metals like lithium, which are traded on the basis of purity, graphite anode is an advanced product that requires testing in batteries by the customer at increasing volumes before long-term contracts are signed. Important submissions include: The court hearing will be scheduled shortly after a court organised site visit on September 20, 2022. Our lending activity aims to support the regions productivity and environment. Valmet Automotive has started the series production of battery systems in Kirchardt, the Finnish company's first battery plant in Germany. EVA plant installation scheduled to begin in Q4 2021. Sweden is a developed country in terms of physical and digital infrastructure and gives Talga Resources easy access to the European battery market. Update following Investor presentation on August 6, 2022. Talga Resources Ltd Porter Five Forces Analysis-Porter Five (5) Forces Model was proposed by Michael E. Porter in 1979. 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. What a HUGE saving in CO2-eq alone! Current share price for TLG : $1.690 0.09 (5.62%) Talga Resources Ltd (TLG, formerly Talga Resources Ltd), an ASX-listed company, is a battery anode and advanced materials company. 4) Regulatory approvals for Stage 1 by March 2022. LKABs rationale for the interest in Talga. Talga Resources Ltd is a multi-national company focused on graphite mining and graphene supply and application development. The study will be completed by the end of March 2021. 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. The information is not intended to imply any recommendation or opinion about a financial product. Perth-based Talga Resources owns a high-grade, low-cost graphite mine in Sweden and is aiming to capitalise on graphene's potential. We need to share the posts on this group with other stock groups. 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. This was presented last month. The total market value of graphene companies now reaches $1.8 billion USD for the 13 leading graphene public companies we track. Automotive giants. 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. I have assigned a probability of successful execution/conversion of the stages as follows: My weighted valuation, based on the above probabilities is $1.72. 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.. I have no business relationship with any company whose stock is mentioned in this article. Anode producer, Talga Resources, presented at the CSIRO Electromechanical Energy Storage Series. I wrote this article myself, and it expresses my own opinions. I've been an investor for 3yrs now, I completely agree and I think their technology is better than they're letting on. 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. 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. 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. So how much will Germany want 500k, what about the rest of Europe and then Asia. 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). 100k anodes planned at $12k per tonne. 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%. Patent Pledge. 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. $22m has been raised with 20m more shares issued at $1.10ea coming from institutional investors taking the companies cash position to $27m. Get Talga Resources Ltd historical price data for TLG stock. The Vittangi project certainly fits within NIB's core purpose of supporting the regions productivity and environment. Plant design completed, and major equipment is ordered. I'm buying more tonight every time these numbers come out it puts a massive smile on my face , only wish I could buy more, but i've got about 15% of my portfolio in TLG and will sell others if the news is insane - which it probably will be. Talga will use the proceeds to fund the Electric Vehicle Anode (EVA) pilot plant as part of the development of the Vittangi Anode Project located in northern Sweden. Talga Resources develops graphene-based products in four different sectors. Talga Group has been active over November on the IR front. The material possesses different unique characteristics. Stockhead is providing factual information where there is a reasonable likelihood of doubt. European Investment Bank Published tala's Anode Development as a Project to be Financed - Under Appraisal. However, Niska permit applications were lodged last year. Commissioning to be completed by late March, with the project under budget. Talga have announced a capital raising. I hold shares in Talga, NeoMetals, and Magnus Energy. So, how does one value Talga? Email Lists Talga Mining Sweden - 100%-owned high-grade graphite deposits - the largest resources in Europe and highest grade JORC-compliant resource in world. The remaining 23 holes demonstrated the continuation of the high grade ore, reporting grades of up to 50.3% graphite. The company is based far away from Silicon Valley and is not listed on the US Stock Exchange. For Talga, there are big economic and performance advantages to becoming Europes first anode producer. And on top of this, Talgas natural graphite has unique properties that enable their Talnode-C product to be superior to alternatives too. The initial mine life is 20 years, but the Vittangi precinct is us yet to be fully explored. Talga wholly-owns its graphite deposits in Sweden, which it claims host the largest resources in Europe. The project is currently in the permit stage where Talga is expected to be able to start establishment shortly.". Talga Resources has reported a milestone moment in a sea trial of its Talcoat graphene coating. It appears that the production start date has slipped by 6-12 months. funded study into the electricication of the automotive industry in the UK. 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. Do your own DD. 3) Mine permitting will enable offtake agreements to be resolved. 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. 2) Telsa developing a silicon anode - Tesla are planning to develop a Silicon only anode. You will provide guidance and support on the development of the mining contract for the new mine. Talga Resources Ltd (ASX:TLG) is building a European source of battery anode and graphene additives, to offer graphitic products critical to its customers' innovation and the shift towards a more sustainable world. Talga is an emerging high-tech minerals company aiming to become a global leader in bulk graphene and graphite supply Contact Details WEBSITE: www.talgaresources.com EMAIL: admin@talgaresources.com PHONE: +61 8 9481 6667 Click for membership options. An anode supply deal signed with ACC. For those curious about the Talga story, you can here the CEO presenthere. Key takeaways: 1) Massive demand for anode material in Europe over the next 10 years (5x growth) present a unique opportunity. 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 4) Commercial / financing negotiations are underway with partners and customers, but no timeline other than finalising critical contracts this year. The purpose was to assess and evaluate. The market didn't like the delay, but it was inevitable. 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 . The oversubscribed Placement, managed by Euroz Hartleys Limited,was reportedly supported by a range of new and existing sophisticated, professional and institutional investors. In the long term, Technology may redner the graphite anode obsolete. As well as new relationships opening with other major car manufacturers. 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