Offtake agreements and financing to by end of Q2 2023. 5) EV anode pilot plant production commissioning & commencement early 2022. Next article. 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. Value engineering study is nearing completion. It's free. Talga have announced a capital raising. Worth a listen for shareholders and those interested in Talga. 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 . 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. Click for membership options. A big red flag. The Talga share price is soaring after the company reported it has extended its MoU with Mitsui & Co. Europe Plc. Talga Resources Ltd. Information Last Buy Sell Intraday 1 Week 1 Month 1 Year 5 Years Talga Resources Ltd. In the long term, Technology may redner the graphite anode obsolete. The results are the first under Talga's UK Government funded "Safevolt" projecta Talga-led program run in conjunction with consortia partners, Johnson Matthey, the University of Cambridge and . And they want to move fast . Stockhead is providing factual information where there is a reasonable likelihood of doubt. Talga Resources has provided an update on the commercial progress of its graphene-enhanced silicon anode lithium-ion battery product Talnode-Si. In the short to medium term, strong demand. 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. Does anyone have an idea what the correct market cap could be for Talga and the logic and rational for expectation. 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. You must be signed in to set price alerts. The Mercedes relationship strengthens. NIB will explore the possibility of providing financing to Talga's Vittangi Project. This was presented last month. We'll see.. Talga announced that they have received an expression of interest from Nordic Investment Bank(NIB). 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. 4) The LOI only covers the 1st stage of the development, Vittangi. 4) A number of supply optinos are being considered, including licencing Tagla's anode production technology, and co-locating production facilities in Norway. 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 Could the EV industry pay up for exploration as critical metal demand grows? 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. 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. Talga Resources and Renascor Resources are two peers that are also chasing a value-adding fine spherical graphite product strategy. Finally, even though there are no definite plans about it now, I count on a possible listing in the US in 2021. Press J to jump to the feed. 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. European Investment Bank Published tala's Anode Development as a Project to be Financed - Under Appraisal. 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 anode production facilities, ensuring it's part of the battery supply chain is clean, ethical and secure. Extended to 31 March 2023 and this extension is expected to align with expected finalisation of execution plans. 2) Talga plan to epectrify their underground mining operations using ABB Ability eMine. Among them, Jaguar Land Rover has vowed to go fullyelectricby 2025, andVolvoby2030. 100k anodes planned at $12k per tonne. But the UK has indicated it wants 200k tonnes, and TLG is already looking at further expansion. 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. These [companies] will be price takers, whereas we are set to define the products we want to sell. 2) LOI is non-binding, and non-exclusive to enter co-development agreements by June 30, 2021. Their three advanced projects are Vittangi, Jalkunen and Raitajrvi. 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. (Company Presentation CSIROE October 2020, Page 20). The national interest area covers the entirety of Talgas currently defined Vittangi graphite resources and undrilled extensional deposits. There are many ways the projects may be financed. They all play in the same field, and in many ways are the opposition of each other. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. This is also known as Online Behavioural Advertising. 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 Mining Sweden - 100%-owned high-grade graphite deposits - the largest resources in Europe and highest grade JORC-compliant resource in world. Talga, on the other hand, is a low-emission leader. 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.. Combine Talga anode material with Vulcan Lithium and you have very close to a carbon neutral battery manufacturing process. Given the available resources and projected demand, many expect future production far beyond the 120 kt/a that we know of so far. Talga is well situate to help Europe achieve its push into electrification as well as its push for locally sourced battery materials. Talga wholly-owns its graphite deposits in Sweden, which it claims host the largest resources in Europe. Net present value including the Niska expansion with 8% discount rate is around 4-5 billion USD. When expanded it provides a list of search options that will switch the search inputs to match the current selection. They are making the situation worse!! This is the final qualification phase prior to offtake agreements being signed. Key takeaways: 1) Massive demand for anode material in Europe over the next 10 years (5x growth) present a unique opportunity. We note that's an . 3) Exploration of advanced commercial partnersunderway. 1.Introduction. Get the latest Stockhead news delivered free to yourinbox. EVA plant installation scheduled to begin in Q4 2021. 2) FREYR is developing a low emission battery production facility in Norway to deliver 43 GWhr of battery production by 2025. 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. And on top of this, Talgas natural graphite has unique properties that enable their Talnode-C product to be superior to alternatives too. Thanks . 4) Detailed Feasibility Study to be released by June 30 for Stage 1 plant to start operation in 2023. So how much will Germany want 500k, what about the rest of Europe and then Asia. Honda Declares All Sales Will Be Electric Vehicles by 2040. Talga not only mines graphite, but it also develops graphite anodes that are used in battery manufacturing. IMHO, all three companies are under-appreciated and are yet to grow into their true potential. You will be responsible for environmental issues related to Talgas mining operations in Nunasvaara (Vittangi) and planned plant in Lule. 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. Talga has got approval to trial mine 25,000 tonnes in Sweden, and is applying for approval to mine 100k tonnes per year of material which will produce around 19k tonnes of finished coated anode product. We talk with fund manager Alphinity, Ground Breakers: Are we in a mining boom? 3) Significant sales price increase for the product. 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 world needs to sit up and take notice of the harm caused by battery materials sourced from China. The Company is listed on the Australian Stock Exchange but has its operations in Europe where it has been active since 2011. Talga Resources Ltd is a multi-national company focused on graphite mining and graphene supply and application development. Segment: Open Market Copyright 2023 Tradegate Exchange GmbH Please note terms & conditions DAX, MDAX, TecDAX and SDAX are registered trademarks of Deutsche Brse AG Graphite is significantly closer to the surface than anticipated, with just 0.5 - 3 metres of soil and cover. Our lending activity aims to support the regions productivity and environment. : 1) Telsa plan to ramp battery production / demand from 0.1 TWhr per annum in 2022 to 3.5 TWhr by 2030. 2) Looking to partner to raise the other 40% - Thereby Talga likely to hold 60% stake in anode business. 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. By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. Fastmarkets reported on January 23, 2023 that China graphite flake (94% C -100 mesh) prices were at ~US$830/t and Europe graphite flake (94% C -100 mesh) prices were at US$775/t. 1) Mining permits progressing well, and expect approval in the first half of 2022. Q4 2021 note that & # x27 ; s an ) EV anode pilot production! 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