This company is about to give everyone a Master Class soon, Undervalued Talga. 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). This is very unique graphene straight from ore in a single step. 4) Commercial / financing negotiations are underway with partners and customers, but no timeline other than finalising critical contracts this year. 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. And they want to move fast . On November 24, Talga reported high grade intercepts, increasing the anticipated grades, and extent of the resource. I suspect, from Talga composing a tweet to introduce this story, that they are involved in this high speed electric powered ferry initiative. 16:30: EZ : 16:19: EZ : Nejdiskutovanj zprvy dne. The material possesses different unique characteristics. Talga Group Who is Talga Resources Headquarters 2 Richardson St Fl 1 Ste 3, West Perth, Western Australia, 6005, Australia Phone Number +49 36724766930 Website www.talgagroup.com Revenue <$5M Stock Symbol TLG Industry Metals & Mining General Metals & Mining Talga Resources's Social Media Is this data correct? And while it explored those projects quite successfully following the IPO, the company didnt see them growing into company makers. Heads up. Previous rock sampling of the site returned grades of up to 36% graphite, however, the zone was thought to be discontinuous / faulted blocks. Talga provided an excellent case study on sustainable graphite mining in Sweden during our latest#Batteries4EUevent 'Strengthening European resilience upstream in the battery value chain', in the context of the current Critical Raw Materials Act discussions. This (demand) growthdrives us to look beyond our currently planned production capacity, where negotiations for purchaseagreements are advancing, to explore additional growth options for our northern Sweden anodeoperation.". Werner noting the approval of $11 BN Euros in impactful investments. The Talga share price is soaring after the company reported it has extended its MoU with Mitsui & Co. Europe Plc. Talga bygger en Europeisk leveranskedja fr batterianoder med hjlp av 100% frnybar el och naturliga material - alltsammans fr att. The Company is listed on the Australian Stock Exchange but has its operations in Europe where it has been active since 2011. Large scale samples are being committed at prices above DFS price projections (+$12k USD per Tonne). By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. February 24, 2023February 24, 2023 | Reuben Adams, February 21, 2023February 21, 2023 | Gregor Stronach, February 14, 2023February 14, 2023 | Jack McGinn, February 1, 2023February 1, 2023 | Reuben Adams, January 11, 2023January 11, 2023 | Eddy Sunarto, November 9, 2022November 9, 2022 | Jessica Cummins, October 3, 2022December 19, 2022 | Josh Chiat, September 13, 2022September 13, 2022 | Reuben Adams, July 14, 2022July 14, 2022 | Emma Davies, July 1, 2022July 1, 2022 | Jessica Cummins, March 31, 2022June 23, 2022 | Reuben Adams, March 31, 2022December 14, 2022 | Eddy Sunarto, Level 1, 2 Richardson Street, West Perth 6005, Australia. However, since its discovery, most of the unique graphene characteristics remain in the lab. Please visit the forums tab for general discussion. On June 20, 2022, Talga announced the Environment Court has received most submissions, which were due by June 23. 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. 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. Stock market enthusiast. April 21, 2202, Talga Group announced their permit application has progressed to a court hearing. 1.Introduction. However, Niska permit applications were lodged last year. In his annual update video, Mark Thompson states It's been a monumental year for Talga with many huge milestones reached by our teams around the world.. It operates through the following geographical segments: Sweden, Germany, United Kingdom and Australia. Get the latest stock news and insights straight to your inbox. The information is not intended to imply any recommendation or opinion about a financial product. Lithium hydroxide (a processed form . But the UK has indicated it wants 200k tonnes, and TLG is already looking at further expansion. TALGA GROUP LTD TLG (ASX) - ASX Share Price & News Discussion | HotCopper Forum Companies ASX TALGA GROUP LTD TLG TALGA GROUP LTD - Discussion Market Cap $551.6M ! They dont have that. 4) Detailed Feasibility Study to be released by June 30 for Stage 1 plant to start operation in 2023. 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. Key takeaways: 1) Seeking to fund project with 60% debt. It is unclear to me what design studies mean or how significant this is in relation to design completion. There are so many potential application fields that even Wikipedia has a standalone article on the potential application of graphene. 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.. View contact profiles from Talga Resources 2) Commercial samples in multitude of testing programs with battery / auto companies, large scale trials with high-performance auto brand underway. Good to see Talga's negotiating position is strengthened, with multiple offtake agreements being negotiated simultaneously. Ang tinig niyang naghahamon ay narinig ng marami kaya't dumating ang maraming Igorot at pinaulanan si Lam-ang ng kanilang mga sibat. Talga announced trial mining has commenced at Niska South to extract 2500 Tonne of natural graphite samples. Talga Resources announced this week they have been awarded a $1.8 M grant to complete a feasibility study to into the development of an anode refinery in the UK for their Talnode-C product. The Mercedes relationship strengthens. Talga owns Europe's largest natural graphite . Talga Resources develops graphene-based products in four different sectors. The information is not intended to imply any recommendation or opinion about a financial product. Talga continues to pursue commercial agreements and finance commitments with partners, such as Automotive OEMs (eg VW Group???). Elon may well be on holidays for all I know. 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. 3) NPV of Stage 2 development estimated to be between $2.4 -$4.6 BN USD. Next 6-18 months will see this company surge. Their three advanced projects are Vittangi, Jalkunen and Raitajrvi. LKABs rationale for the interest in Talga. Talga's graphite/graphene strategy. Simultaneously, it became apparent to Talga that electrification of transport would become a global long-term growth story. 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. I am not receiving compensation for it (other than from Seeking Alpha). 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. How disgusting is it that China Synthetic creates nearly 35 tonnes of CO2-eq per 1 tonne of coated anode. Talga still owns those legacy projects, but graphite was always the focus. 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 market didn't like the delay, but it was inevitable. Battery materials like Lithium, Nickel, and Cobalt get more media attention than Graphite. Our lending activity aims to support the regions productivity and environment. The raise was reportedly oversubscribed and was supported by a range of institutional investors. The Tesla business model operates as a Direct-to-Consumer (D2C) business model as it sells directly, cutting out middlemen such as dealerships and offering its own charging station network. Livent should benefit from. The extended MoU between Talga and Mitsui continues the intent to advance potential co-development of Talga's Vittangi Anode Project in Sweden through Joint Venture. Talga Resources and Renascor Resources are two peers that are also chasing a value-adding fine spherical graphite product strategy. In December 2019, the company announced the commencement of a new large-scale trial of its coating product Talcoat, a graphene additive for maritime coating. It appears EIB has been doing due diligence on Talga's development. 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. 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. Two presentations over the past week. What a HUGE saving in CO2-eq alone! 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 The company is currently developing a whole pipeline of anode products: (Investor Presentation August 2020, page 10). 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. The Company is now finalising the environmental permit for the Lule anode refinery site. This website uses cookies. Talga needs faster permitting / approvals, and decisionmakers to take responsibility. Further details of the MoU can be found in Talga's ASX release dated 20 March 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. Important submissions include: The court hearing will be scheduled shortly after a court organised site visit on September 20, 2022. I am wondering whether this update is more about pumping the the share price prior to a capital raise. . . In early 2018, Talga tested some of its raw graphite in a battery and it worked. UK supply chains that were in the earlier planning phases, likely to suffer the consequences of BREXIT. Talga reported the remaining balance of its 36 hole drill campaign. I wrote this article myself, and it expresses my own opinions. On July 6, 2022, Talga reported the first 13 of a 36 hole drill campaign of 2 km long target between Niska South and Niska North deposits. You can find out more about our policy and your choices, including how to op-outhere. Mr Phillips previously constructed and managed operations and implemented growth strategies for offshore smelting 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.. This was presented last month. 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 . Upgrade your membership to unlock all content. 2) Commenting on CEO of Benchmark Intelligence tweet concerning lack of graphite supply. One would expect Talga Resources to be extremely overvalued by now. PFS indicates Talga will be the lowcost producer of anode material - with lower costs than the majority of Chinese competitors. The agreement also covers the EVA pilot plant, which will be operational early next year. Press question mark to learn the rest of the keyboard shortcuts. There are many ways the projects may be financed. 100k anodes planned at $12k per tonne. 5) Estimated Project NPV of $1 054 000 USD, based on a discount rate of 8%. to high quality synthetic anode), and $72 Million USD provision for infrastructure to serve Stage 2 expansion. 4) A number of supply optinos are being considered, including licencing Tagla's anode production technology, and co-locating production facilities in Norway. It is intendedthese discussions be extended to include Talgas Niska Project. The graphite projects include Vittangi, Jalkunen, and Raitajarvi. 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. 5) EV anode pilot plant production commissioning & commencement early 2022. is here. Talga Group has provided an update on commercialization and customer qualification of Talnode-Si, the Companys proprietary silicon anode product for lithium-ion (Li-ion) batteries. This equates to an anode demand of approximately 275 000 Tonnes per annum. Graphene is a two-dimensional atomic-scale material, that is made of a single layer of carbon atoms. 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. 2) Looking to partner to raise the other 40% - Thereby Talga likely to hold 60% stake in anode business. 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. Create an account to follow your favorite communities and start taking part in conversations. I have no business relationship with any company whose stock is mentioned in this article. (Error Code: 100013) LEADING THE BATTERY METALS REVOLUTION Commissioning to be completed by late March, with the project under budget. 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