5) Estimated Project NPV of $1 054 000 USD, based on a discount rate of 8%. Until March 2023, new Model 3 and Model Y vehicles qualify for a $7,500 federal tax credit for eligible buyers. The initial mine life is 20 years, but the Vittangi precinct is us yet to be fully explored. Talga Group have announced they have signed a non-binding Letter of Intent with Verkor to supply Talnode-C anode to support Verkor's 16 GWh/annum gigafactory in Dunkirk, France in 2024. Talga Resources, SolGold and more. Segment: Open Market Copyright 2023 Tradegate Exchange GmbH Please note terms & conditions DAX, MDAX, TecDAX and SDAX are registered trademarks of Deutsche Brse AG In this video, I want to provide commentary on a webinar where Talga Group and Northvolt have both talked about the bottlenecks of the EU battery supply chai. Extended to 31 March 2023 and this extension is expected to align with expected finalisation of execution plans. $22m has been raised with 20m more shares issued at $1.10ea coming from institutional investors taking the companies cash position to $27m. The company initially developed the graphene coating as an alternative to traditional coating methods that incorporate harmful chemicals and materials and first applied Talcoat to the hull of a ship back in late 2019 as part of a sea trial to test the coatings robustness out in the tough ocean environment. 20 battery manufacturers and automotive OEM customers are engaged to receive Talnode-C off EVA qualification plant as part of large scale EV battery qualification processes. And that is a great approach in todays climate sensitive environment. We were working with companies like the Tata Group at the time. Moreover, the company is focusing on Talnode-Si preliminary feasibility studies that they plan to finalize in Q1 2021. Get the latest stock news and insights straight to your inbox. Automotive giants. The next 5 weeks, there will be significant milestones as follows: 1) Mine permitting court hearing will end by February 24, 2013. For those curious about the Talga story, you can here the CEO presenthere. Talga Resources develops graphene-based products in four different sectors. 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. The Vittangi project certainly fits within NIB's core purpose of supporting the regions productivity and environment. The consensus valuation is for members only and has been removed from this chart. 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. In my opinion, there might be several reasons why the company has been under the radar and was not noticed by the general investing public yet: Talga is a vertically-integrated advanced materials company, whose business activity lies in three interrelated fields. Perth-based Talga Resources owns a high-grade, low-cost graphite mine in Sweden and is aiming to capitalise on graphene's potential. 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. 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. The graphite mined over the next few months will supply the EVA pilot plant currently under construction. Additionally, the growth will be accelerated through selected acquisitions and investments that offer synergies with LKABs market, operations and sustainability ambitions. Been a small investor in this company for about a year now. 35 talking about this. 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. Thats not too into the future! This will in turn enable financing, and commercial negotiations to be fianlised. Engineering and design studies are expected to be completed this month. The panelists were: The moderator was Megan Richards, ex. If they can do this, graphite will not be required in Tesla Lithium ion batteries. Livent should benefit from. Talga is a licensed Saudi Non-Profit Organization (NPO) officially registered in the Ministry of Human Resources & Social Development as (The Sustainable Development Association "Talga") with a license number (1033) dated (1/2/1439H). 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. Talga is a battery anode and advanced materials company accelerating the global transition towards sustainable growth. Talga Mining Sweden - 100%-owned high-grade graphite deposits - the largest resources in Europe and highest grade JORC-compliant resource in world. With the permitting scheduling hearing scheduled for Q1 2023, this could be moving year for Talga, especially considering positive feedback from key stake holders. Talga Group Ltd is a technology minerals company. European Investment Bank Published tala's Anode Development as a Project to be Financed - Under Appraisal. Trades cannot be saved or cancelled while they are pending-processing. Key takeaways: 1) Seeking to fund project with 60% debt. Environmental Officer - Roles include:As Environmental Officer, you will be a key figure in Talga's continued establishment in Norrbotten. Niska Scoping Study to evaluate the significant capacity expansion of the planned Anode Project in November 2020. There should be results of the large-scale trial for Talga coating graphene product - Talcoat - mid 2021 at the latest, which might lead to revenue-generating contracts for the company. This button displays the currently selected search type. 2) Telsa developing a silicon anode - Tesla are planning to develop a Silicon only anode. With numerous short-term catalysts, the company presents a unique buying opportunity for investors who are looking for an undervalued battery technology company. 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 . It is 1 million times smaller than the diameter of a single hair, yet it is 200 times stronger than steel and still lightweight and flexible. Revenue of $12bn x 10. Market Close Update Talga aims to elevate the capabilities of the Saudi society to achieve s sustainable development with a . View contact profiles from Talga Resources June 19, 2020 - Tolga Resources Vittangi Graphite Project is designated a mineral deposit of national interest. Interesting Tweet. Talga reported to the market the MOU signed with LKAB (Swedish govt owned)and Mitsui has been extended to November 30, 2021. Firstly, paydirt's Battery Minerals Conference. Talgas unique tech puts it miles ahead of its peers, made really high-performance lithium-ion batteries. This is where Talga, headed by affable managing director Mark Thompson, comes in. For the best experience, we recommend upgrading or changing . In boosting our graphite mineral resource, we are also boosting our ability to supply sustainable anode products and setting Talga up to become a major supplier to the worlds fastest growing Li-ion battery markets.. The agreement also covers the EVA pilot plant, which will be operational early next year. Our customers are the OEMs and brand names of the world., >> Now watch: 90 Seconds With Mark Thompson, Talga Resources. (Company Presentation CSIROE October 2020, Page 20). You will provide guidance and support on the development of the mining contract for the new mine. Some test results of product trials. Our lending activity aims to support the regions productivity and environment. 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. Talga Resources Ltd Porter Five Forces Analysis-Porter Five (5) Forces Model was proposed by Michael E. Porter in 1979. The Company is listed on the Australian Stock Exchange but has its operations in Europe where it has been active since 2011. The company is in a unique position to profit from multiple technological, geopolitical, and environmental trends. 2) Significant capital cost increase for the project, including $153 million USD to meet premium, tier 1 battery anode preformance requirements (equiv. 4) Project program slips to 2024, a 6 to 12 month delay form previous guidance. 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. They dont have that. Intiially, the development was to be carried out in two stages. Responsibilities will include optimizing mine designs and liaising with engineering and mining personnel to ensure the mine plans are executed efficiently and safely. Talgas mine and anode production facility is located in Sweden, a country with almost half of the electricity production which is covered by hydroelectric power stations. 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. This is likely to stimulate competition for the only locally produced, qualified anode in Europe. Anode supply chains are currently dirty, not sustainable, and inconsistent with European climate goals. 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. Some key takeaways: European battery production to grow by around 275 GWhr per annum over the next 10 years. This is a listed company with technology whose products are progressing through confidential qualification processes with 35 active Li-ion battery manufacturers including six major global automotive original equipment manufacturers (Talga Looks to Expand Battery Anode Capacity). To me, it appears that the most significant permitting risks have been dealt with. It explains the delay in finalising the ACC off-take agreement. The MoU, now extended until 31 March 2023, builds on discussions to date under an agreement first signed by the parties in 2020 (ASX:TLG 20 March 2020). joined members of Swedish Parliament, Mattias Karlsson and Emilia Tyr, as well as representatives from the Electrification Commission, Swedish Energy Agency and. We need to share the posts on this group with other stock groups. Presumably, this will inform the mining permit application to verify envirnmental impact can be well managed. There are so many potential application fields that even Wikipedia has a standalone article on the potential application of graphene. 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 . Talnode-C and Talnode-Si are currently undergoing customer qualification with numerous parties. quality control labs) and Germany (processing technology scale-up and graphene production). At 19 tonne sof Talnode-C produced per annum, the feasibility study indicates TLG will generate $178 M USD of gross margin per annum. Key highlights: On December 9, 2021, Talga announced further results on resource in-fill and extension drilling. Content is delayed by one month. 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. They were all interested in our results, he says. The Placement was jointly managed by Morgan Stanley Australia Securities Limited and Euroz Hartleys Limited, and supported by UK placing agent Longspur Capital Limited. The good news is, Europe will likely provide financial support for projects such as Talga's, which strategically critical for Europe's energy security. 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. 2) Commenting on CEO of Benchmark Intelligence tweet concerning lack of graphite supply. 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 . Could the EV industry pay up for exploration as critical metal demand grows? 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. Vancouver, February 27, 2023 - Sienna Resources Inc. (TSXV: SIE) (OTC Pink: SNNAF) (FSE: A1XCQ0) ("Sienna" or the "Company") is pleased to announce that, further to its News Release dated February 21, 2023, it has completed the first tranche of its private placement (the "Offering"), pursuant to which it issued an aggregate of 47,870,000 units (each, a "Unit") at a price of $0.05 per Unit for . Talga Group has been active over November on the IR front. 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. 4) $786 m project, with financing to be raised upon receipt of mining approvals. 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. They all play in the same field, and in many ways are the opposition of each other. Combined they contain JORC resources of 55.3Mt @ 17.5% Cg for 9.7Mt total contained natural graphite. This is very unique graphene straight from ore in a single step. For Talga to be a qualified supplier of an IPCEI is a big deal IMO, and improves the chances of receiving good finance arrangements with investment banks currently in negotiation with Talga. 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. The information is not intended to imply any recommendation or opinion about a financial product. For investors, getting access to the right information is critical. 2 Richardson St Support in building supply chains, relationships with suppliers, assist the procurement and contracts group. Talga says the resource revision aims tofurther define what is Europe's largest and highest-grade graphite mineral resource to support andoptimise potential future anode production expansions. The oversubscribed Placement, managed by Euroz Hartleys Limited,was reportedly supported by a range of new and existing sophisticated, professional and institutional investors. We note that's an . Talga Resources shares (TLG) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Results from this latest phase of development reportedly show continued success of Talgas silicon anode approach which uses lower-cost metallurgical-grade silicon for a high-energy density anode with mass-producibility potential. Get Talga Resources Ltd historical price data for TLG stock. I found the following slide to be quite revealing. Combine Talga anode material with Vulcan Lithium and you have very close to a carbon neutral battery manufacturing process. Weekend Update, By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. 1) Detailed feasibility study to be issued by Talga in March 2021. Targa Resources Corp. The new EVA plant allows Talga Group to demonstrate it can delivery quality anode materials at scale. On June 20, 2022, Talga announced the Environment Court has received most submissions, which were due by June 23. Major milestone acheived for the development of Stage 1. After a year of exploring and developing the deposits, Talga discovered that it could make graphene by running an electric current through the ore. 1) key milestone of Vittangi DFS relaese - refer to previous straws. 100k anodes planned at $12k per tonne. If we are, it aint like the last one, ASX Renewable Energy Stocks: Talga grows graphite resource to cash in on EU battery grab, Resources Top 5: A 1460g/t gold hit, more lithium, and Europes first battery anode factory goes live, Market Highlights and 5 ASX Small Caps to watch on Thursday, You can find out more about our policy and your choices, including how to op-outhere. Featured News Talga not only mines graphite, but it also develops graphite anodes that are used in battery manufacturing. The hearing represents the FINAL step before the Court hands down it's decision. 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. Talga seem to reduce the carbon footprint in everything they touch. 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