Its operating and geographical segments consist of graphite exploration and development in Sweden, graphite or graphene research and development in Germany and the United Kingdom as well asAustralia. 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. I am not receiving compensation for it (other than from Seeking Alpha). Create an account to follow your favorite communities and start taking part in conversations. Project development to proceed directly to commercial phase with Project commissioning in 2022and commercial production in 2023, subject to commercial DFS planned for Q1 2021. 84m @ 20.2% Cg (from 15m) NIS22005 incl. Intiially, the development was to be carried out in two stages. funded study into the electricication of the automotive industry in the UK. Upgrade your membership to unlock all content. 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. It is important to note that not all this value is directly related to graphene - some of the companies have other activities, mainly graphite mining and supply. While I was writing this article, Talga announced its decision to fast-track its Mass-Producible Silicon Anode Product - Talnode-Si - Silicon-graphene composite anode for higher energy density. 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 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. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 1) Detailed feasibility study to be issued by Talga in March 2021. The scoping study for the project is underway and its results will be published in November 2020. Fast track permitting processes for industry projects, with a view to strengthening raw material supply chain. Low energy costs in combination with a high amount of graphite in the ore give Talga an advantage in ore processing and anode production. Market Close Update Talga Resources develops graphene-based products in four different sectors. We were working with companies like the Tata Group at the time. It will take Talga's pro forma cash position (before costs) at 30 September 2022 to A$27 million (around USD $17,255,000). Megan prompted Mark to raise funding / financing, but Mark didn't bite, stating the real issue regarding financing is speed. Following encouraging early test results, further technical and commercial development of Talnode-Si has been underway at Talgas facilities in Europe. 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. 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%. $22m has been raised with 20m more shares issued at $1.10ea coming from institutional investors taking the companies cash position to $27m. Talga Resources has reported a milestone moment in a sea trial of its Talcoat graphene coating. Unsubscribe whenever your want. This means the relevant authorities have completed scrutiny of the application documentation, including supplementary information provided by Talga Group. Govt backed debt (such as backed by SERV), enable lower lending rates on debt finance. They have $5 Billion AUD annual turnover, and are regarded as a high tech miner. EU Green deal is good, and CO2 tariffs will be better. I wrote this article myself, and it expresses my own opinions. UK supply chains that were in the earlier planning phases, likely to suffer the consequences of BREXIT. A note about relevant advertising 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. Talga Resources, SolGold and more. The hearing represents the FINAL step before the Court hands down it's decision. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Could the EV industry pay up for exploration as critical metal demand grows? 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. However, this was not the only surprise visit, as Musk's jet made another unscheduled landing in Sweden. 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. I have no business relationship with any company whose stock is mentioned in this article. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Engineering and design studies are expected to be completed this month. Worth a listen for shareholders and those interested in Talga. The UK government has recently announced a series of economic stimulus packages, including a 1 billion Automotive Transformation Fund (ATF), towards boosting the domestic electric vehicle and lithium-ion battery economy in collaboration between the Advanced Propulsion Centre, the Department for Business Energy and Industrial Strategy, Innovate UK and the Department for International Trade. Some test results of product trials. Numerous near-term catalysts can catapult Talga into a different league, which is likely to positively affect its valuation and create a positive feedback loop for the stock price going forward: Disclosure: I am/we are long TLGRF. Next 6-18 months will see this company surge. One week old account. Further, they consider locally produced graphite could help strengthen the competitiveness of the Swedish battery manufacturing industry and that, as the known highest grade graphite deposit in the world, Vittangi could meet a great need not only within Sweden but internationally., VITTANGI HAS A TOTAL JORC RESOURCE OF 12.3MT AT 25.5% GRAPHITE (CG), THE HIGHEST RESOURCE GRADE OF ANY JORC/NI 43-101 GRAPHITE DEPOSIT IN THE WORLD. This has huge implications fo rthe anode supply chain in Europe - Link here. 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. A note about relevant advertising An EIB appraisal procedure can take anywhere between six weeks and 18 months depending on the project scope, the degree of complexity of the operation, and the efficiency of the appraisal process on the part of both the EIB itself and the project promoter. The product is an on-site dispersible powder that can add graphenes properties into paint and coatings. https://seekingalpha.com/article/4379353-talga-resources-vertically-integrated-and-extremely-undervalued. One would expect Talga Resources to be extremely overvalued by now. An update on the Vittangi graphite resource is expected in Q4 2022. You will be responsible for environmental issues related to Talgas mining operations in Nunasvaara (Vittangi) and planned plant in Lule. 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. The outcomes will be in addition to the currentNunasvaara South PFS production plan of 19,000 tpa. It is set to benefit from its proximity to the wakening beast that is Europes electric vehicle manufacturing sector. 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 information is not intended to imply any recommendation or opinion about a financial product. Battery anode developer Talga Resources has announced that it has received a commitment for a ~AU$1.8 million (around USD1.3 million) UK Government grant to complete a feasibility study into the commerciality of a Talga UK Anode Refinery. Also found this article reporting the Industrial Development that will be the hoem of Talga has been approved hereThe article refers to a company called "Talga Graphene" will be the anchor tenant. 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. Talga Group Ltd. engages in the provision of graphene and graphite enhanced products for the global coatings, battery, construction and polymer composites markets. Talga is developing graphene products for additives to coatings, batteries, concrete and epoxy composites. This is how Talga achieves both extremely low production costs and C02 emissions. Talga Group expect the negotiations to be resolved by the end of Q1 2023. Additionally, the growth will be accelerated through selected acquisitions and investments that offer synergies with LKABs market, operations and sustainability ambitions. 25m @ 40.0% Cg (from 156m), 26m @ 37.6% Cg (from 159m) NUS21012 incl. Most important however is that its unique properties were observed in labs, and most of them cannot be transferred into the real-life application just yet. Is this happening to you frequently? This is where Talga, headed by affable managing director Mark Thompson, comes in. I particularly dont like the Graphite component of LI-ion batteries, its what helps them explode, and IMHO, the sooner we get Graphite out of the equation the better. Talga, with its proximity to LKABs existing mining operations in Northern Sweden, may offer synergies with resources, skills and infrastructure. Hundreds of billions of euros is being set aside. 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. Stock market enthusiast. Ang tinig niyang naghahamon ay narinig ng marami kaya't dumating ang maraming Igorot at pinaulanan si Lam-ang ng kanilang mga sibat. This agreement with Leclanch SA is one of about 40 battery product related engagements some of which cover potential offtake and project finance that Talga says are currently active under non-disclosure agreements. Interestingly, this coincides with Talga's Stage 1 anode plant program, and capacity. It appears Verkor is looking to secure a significant chunk of Talga's anode production capacity. In November 2020, Talga Resources changed its name to Talga Group to reflects the company's position as an emerging producer of a diverse range of sustainable graphitic products and technologies spanning lithium-ion battery materials and graphene additives. Australia. Offtake agreements and financing to by end of Q2 2023. Mr Thompson is a member of the Australian Institute of Geoscientists and the Society of Economic Geologists. Excellent deep dive into Talga Resources' Product here. 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. It is important to realize that unlike lithium, Nickel or Cobalt Anode Materials require customer testing in batteries at increasing volumes to enter long-term contracts. 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 mine is likely to be expanded greatly with the Niska Expansion Project. The raise was reportedly oversubscribed and was supported by a range of institutional investors. 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. Interesting Tweet. . There are so many potential application fields that even Wikipedia has a standalone article on the potential application of graphene. 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. Taking into consideration the recent development in the global trade and pandemics impact, secure supply chains among friendly and stable countries, which share the same values, are likely to be even more important in the future. Talga Resources share price has taken off today,because of this. Battery and advanced materials company Talga is working with Mitsui & Co. Europe, a subsidiary of Mitsui, one of the largest global trading and investment companies based in Japan. https://www.politico.eu/article/sweden-test-fast-ferry-traffic-congestion/, Talga presented at Oslo Battery Day 22 Aug 22. The Vittangi project certainly fits within NIB's core purpose of supporting the regions productivity and environment. AMATI STRATEGIC METALS: Duo behind 90m fund are really showing their mettle. In May 2020, Talga submitted applications for an. 19m @ 42.5% Cg (from 162m), Anna-Michelle Asimakopoulou, Member of European Parliament, Peter Handley, Head of Unit, DG GROW at European Commission. 6) ISO 9001 accreditation achieved - no big deal - it is mandatory for auto suppliers. to discuss the challenges and opportunities of electrification. Talnode-C and Talnode-Si are currently undergoing customer qualification with numerous parties. You will run Talgas' environmental work, where you are responsible for environmental management systems based in ISO 14001. 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