Talga Resources Ltd. Information Last Buy Sell Intraday 1 Week 1 Month 1 Year 5 Years Talga Resources Ltd. Over the past six months, its share price has outperformed the ASX All Ordinaries Index by +22.82%. 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. There are so many potential application fields that even Wikipedia has a standalone article on the potential application of graphene. The project is currently in the permit stage where Talga is expected to be able to start establishment shortly.". Content is delayed by one month. Market Close Update 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. For example, through partnerships for project finance. 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. As we reported earlier this year, graphene stocks have risen nicely towards the end of 2020, and the trend continues in 2021 for most companies. This makes the company a cost leader in coated anode production. (Graphene Week 2018 Company Presentation, Page 8). Need prompt action to prevent embedding unsustainable supply chains. Funding and permitting risks are falling away. Talga seem to reduce the carbon footprint in everything they touch. Talga doing what looks to be some pretty effective lobbying / promotion for its Swedish Anode project: Talga attended the parliamentary seminaras part ofefforts to recognise #WorldEnvironmentDay, highlightingthe need for collaboration in tackling climate change, and the importance of electrification in efforts to reduce greenhouse gas emissions and averting the climate crisis. 2) FREYR is developing a low emission battery production facility in Norway to deliver 43 GWhr of battery production by 2025. Anode producer, Talga Resources, presented at the CSIRO Electromechanical Energy Storage Series. This button displays the currently selected search type. "The positive trajectory of interest in Talnode-Si from battery customers and our emergingproject development partners is most pleasing. 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.. 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. It appears there are plans to significantly increase the scale of Taga's anode production plans, given the demand, and the scale of their as yet only partially defined deposit. 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. He takes his time to explain his ideas and vision and does not dodge hard questions. quality control labs) and Germany (processing technology scale-up and graphene production). Terms of a proposed JV are yet to be agreed, hence the time extension. A 35 fold increase. Learn More. Among them, Jaguar Land Rover has vowed to go fullyelectricby 2025, andVolvoby2030. The oversubscribed Placement, managed by Euroz Hartleys Limited,was reportedly supported by a range of new and existing sophisticated, professional and institutional investors. Critical Raw Materials, such as graphite are a huge concern, as exemplified in recent, Supply chain risks are a huge concern of the EU, which is exemplified in the recent example of the disruption to Europe's. Look out for the potential for something out of left fieldin the form of direct investment to accelerate Talga's development of Stage 2. Scoping studies underway to expand Anode production (Niska Scoping Study) well above 19000 tonnes per annum. 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. graphene products for additives to coatings, graphene stocks have risen nicely towards the end of 2020, first applied Talcoat to the hull of a ship back in late 2019 as part of a sea trial, A second application on a separate vessel followed soon after, University of Arkansas team aims to commercialize its revolutionary graphene-based VEH technology, Artistic design of a graphene-enhanced super-jet, Skeleton Technologies announces new supercapacitor plant near Leipzig, Zhejiang Xenfang develops graphene-enhanced socks with >90% antibacterial effect, Graphene and gold join to promote ultrasensitive biosensors for disease detection, The Graphene Flagship's chief, Prof. Jari Kinaret, shares his views on the latest graphene development and the post-Flagship future, Graphene oxide gives a boost to new intranasal flu vaccine, Newly launched graphene-enhanced sanitary napkins enjoy great success in the US. Get the latest Stockhead news delivered free to yourinbox. In early 2018, Talga tested some of its raw graphite in a battery and it worked. Unsubscribe whenever your want. In August 2020, Talga Resources raised AUD 10 Million in institutional placement. The next 5 weeks, there will be significant milestones as follows: 1) Mine permitting court hearing will end by February 24, 2013. Interestingly, this is after a capital raise, not beforehand, which is often the case with MDs. Talga is a low CO2 anode and graphene company accelerating the global transition towards sustainable growth. is here. Grouped under #hashtags, they are ranked by votes. 4) The LOI only covers the 1st stage of the development, Vittangi. I wrote this article myself, and it expresses my own opinions. READ: Why graphene is called a wonder material and which stocks are dabbling in it. 16m @ 35.6% Cg (to end of hole), Remaining results expected in August with an update of Vittangi graphite resource to follow, Norrbotten County Admin. Key takeaways: 1) Talga and FREYR to work towards commecail supply of Talnode range of anode materials. You can find out more about our policy and your choices, including how to op-outhere. A vertical stack of three evenly spaced horizontal lines. . In its Niska Study, they reported: "The ultimate funding strategy will based on the negotiations with potential project partners andfinanciers, and the conditions of the equity capital markets and relative debt financing opportunities,at the time of the final investment decision. Production of graphene-graphite precursors required to make Talnode-Si have been added to theNiska process flowsheet and scoping study, pushing release to November. Talga). This is how Talga achieves both extremely low production costs and C02 emissions. Thats not too into the future! Next 6-18 months will see this company surge. Miners say graphite is poised to be lithium 2.0, Market Highlights: Get some Zen ahead of Central Bank Week, and 5 ASX small caps to watch on Tuesday, We need +330 mines in 12 years to feed battery demand. But I do love the full cycle mine - to battery - to recycling that NeoMetals and Magnus are pursuing. At the time, there was almost no western explorers or miners in graphite the mineral used to make the anode for lithium-ion batteries. Commissioning to be completed by late March, with the project under budget. Every Talga shareholder should listen to this address. Intersting takeaways: 1) Vittangi Detailed Feasibility Study due this month. One would expect Talga Resources to be extremely overvalued by now. Trading- und Aktien-Chat - ffchenNotToGo schreibt: 28.02.2023 22:15 Dow Jones schliet im Minus Anleger begeben sich auf Suche nach Orientierung https:/ We discovered that the graphene itself didnt play nice with other materials, Thompson says. Ideally even joint venture for the mining operation, maybe US listing. 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.. 3) Electric Vehicle Anode qualification plant construction underway to allow final phase of customer testing / acceptance process. The MoU was then extended and expanded in December 2021 (ASX:TLG 13 December 2021). The current first program for the Kirchardt plant is a small-series production of modules, packs and . 3) Mine permitting will enable offtake agreements to be resolved. Importantly, it will cost Talga just $27m in capex to fire up stage one production. Price trends tend to persist, so it's worth looking at them when it comes to a share like Talga. Right now, the company is scaling up Talnode-C production for testing by customers ahead of potential supply deals. 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. Talga continues to pursue commercial agreements and finance commitments with partners, such as Automotive OEMs (eg VW Group???). Recently, Talga has signed a non-binding Memorandum of Understanding to evaluate the joint development of Talgas Anode Project with Mitsui Group. Commercial production scheduled for 2024 commencement. Talga continues to positively engage with authorities as permits progress through the approvalsprocess, and is not aware of any impediment to the exploitation permit applications being granted. Interestingly, this coincides with Talga's Stage 1 anode plant program, and capacity. It appears that the production start date has slipped by 6-12 months. The DFS, financing, and JV news yet to come. You will work with: exploitation permits, water samples, environmental impact monitoring, documentation, project environmental plans. The Pre-feasibility Study was base don a sale price of $11 250 USD per Tonne, whilst the DFS has upgraded thsi to $16k per Tonne in 2024, then stabilising at $13k USD per Tonne in 2030 and beyond. So, how does one value Talga? Interesting Tweet. Using China Synthetic in an EV ACTUALLY does more harm to the environment than driving an ICE vehiclethats not green! ( Graphene Week 2018 Company Presentation , Page 8) The ones that can be meaningfully scaled mid-term are coating and . Value engineering study is nearing completion. 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). Could the EV industry pay up for exploration as critical metal demand grows? For the purpose of valuation, and based on the feasiblity studies, I have estimated their capital requirements to be: Stage 0 - Sustainment capital to 2023: $20 M (share count increase to 330 M), Stage 1 - 30% financing of stage 1: $70 M (share count increase to 390M - assumed share price $1.20), Stage 2: 30% financing of stage 2: $500 M (share count increase to 530M-assumed share price $3.69). For investors, getting access to the right information is critical. The current investors attitude towards technology companies promising us a greener future by liberating us from the dominance of the combustion engine can be best described by this meme: Talga is a startup which claims that it can increase battery density by 20% and is valued above USD 1 Billion in the latest financing round (Sila Nanos battery tech is now worth over $1 billion). 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. Lithium hydroxide (a processed form . The goal is to evaluate stand-alone commercial production in Europe (Talga Fast Tracks Mass Producible Silicone Anode Product). 4) Detailed Feasibility Study to be released by June 30 for Stage 1 plant to start operation in 2023. Contact Details. Talga Resources develops graphene-based products in four different sectors. Talga Group Ltd is a technology minerals company. Talga (ASX:TLG) began listed life as a gold explorer in 2010. Talga advise the delay will not impact the project dleivery timeline, and information provided to date is sufficient to progress development work and allow JV negotiations and Due Dilligence to continue. Guarav's main criticisms were the company's sub-par financials, expensive admin costs and insufficient capitalisation. make serious money over its initial 22-year life, 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. Weekend Update, By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. Press question mark to learn the rest of the keyboard shortcuts. The political support for critical raw material developments such as Talga's quite a tailwind. The scoping study for the project is underway and its results will be published in November 2020. Talga will have production capacity of 19 000 Tonnes per annum by 2024, and report they have EOIs from battery manufacturers for more than 300% of this capacity. 84m @ 20.2% Cg (from 15m) NIS22005 incl. to discuss the challenges and opportunities of electrification. Offtake agreements and financing to by end of Q2 2023. About Verkor - Verkor has significant backing, including Renault Group. 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. Anna-Michelle Asimakopoulou's key points: My takeaway is, Talga's challenges centre around authority approvals, hence why the intense lobbying underway, and financing does not appear to be that much of a concern - Perhaps a big announcement will be forthcoming over the next few days. Talga began a global search for high-quality graphite assets, eventually finding the Vittangi project in Sweden owned by Teck Resources, one of the worlds top 10 largest mining companies at the time. Large scale samples are being committed at prices above DFS price projections (+$12k USD per Tonne). Morning Update A big red flag. By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. You can extrapolate to your own numbers. Large scale geophysical survey identifies 600 m long conductor adjacent to planned concentrator site. "Supporting the development of Talga's Vittangi Anode Project provides us with an additional opportunity to showcase ABB's leadership in industrial automation and smart electrification, applied towards construction of key operations for the emerging European battery supply chain," said Bjrn Jonsson, Division Manager North Europe, Process 4) Regulatory approvals for Stage 1 by March 2022. Talgas mine is estimated to have the highest grade of graphitic carbon among its competitors. Its that IP investment that is a barrier to entry for other companies. 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 . EVAPilot Plant looks ot be behind schedule by around 3months. 4) Mining permits to be lodged mid-2021. Revenue of $1.2bn at 80% margins, higher than apple and Tesla combined. The Talga share price is soaring after the company reported it has extended its MoU with Mitsui & Co. Europe Plc. This is all good stuff but I would rather hear more about their Talnode-Si development, and progress on solid state batteries. 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. Talga is a vertically integrated advanced battery anode material and graphene additives company headquartered in Perth, Western Australia, and listed on the Australian Stock Exchange since 2010. The two biggest challenges of graphene are scalability and price. Advertisement Advertisement New questions in Araling Panlipunan. We needed to develop our own technology around how to make the stuff mix into other peoples products. Also, council have approved upgrade to access roads for development Vittangi Anode Project DFS has been delayed to June 2021, reportedly due to COVID-19 related site access delays. Following commissioning, Talnode-C will be shipped to battery cell makers to undergo next stage commercial testing. Theres so much money to be had in battery recycling. April 21, 2202, Talga Group announced their permit application has progressed to a court hearing. 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. Talga is also engaged in advanced discussions and due diligence processes with other parties under NDA regarding project financing and partnerships. However, the shares can still be acquired in the US OTC. Combined they contain JORC resources of 55.3Mt @ 17.5% Cg for 9.7Mt total contained natural graphite. 10x revenue for a fast growth business is not unreasonable. 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 . CEO, Mark Thompson said this in relation to the Pilot Plant: "..The EVA plant will now provide the larger EVquality anode samples that our automotive battery customers require for their procurementprocesses and planned production schedules.". And while it explored those projects quite successfully following the IPO, the company didnt see them growing into company makers. What a HUGE saving in CO2-eq alone! Graphene is a two-dimensional atomic-scale material, that is made of a single layer of carbon atoms. 1) key milestone of Vittangi DFS relaese - refer to previous straws. Goldman Sachs, late last month, lifted its forecasts for lithium. I suspect, from Talga composing a tweet to introduce this story, that they are involved in this high speed electric powered ferry initiative. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. That remains one of the worlds greatest breakthroughs when it comes to graphene.. 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. Be completed by late March, with the project is currently in the US OTC and!. `` among them, Jaguar Land Rover has vowed to go fullyelectricby 2025 andVolvoby2030. Good stuff but I do love the full cycle mine - to cell... And Tesla combined up stage one production work with: exploitation permits, water samples environmental. ( graphene Week 2018 company Presentation, Page 8 ) the ones that can be meaningfully scaled are! Many potential application fields that even Wikipedia has a standalone article on the potential of. Find out more about their Talnode-Si development, and capacity??? ) to accelerate Talga development! Stocks are dabbling in it start date has slipped by 6-12 months Mass! 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Presentation over the next 2 days at the batteries Magafactories Berlin Event, https: //www.talgagroup.com/irm/PDF/169ae087-bf7c-432a-9e3f-775252a74869/TalgaPresentationBenchmarkBatteryMegafactories2022 mining operation maybe... Exploitation permits, water samples, environmental impact monitoring, documentation, project environmental plans is critical information in with... Main criticisms were the company a cost leader in coated anode production ( Niska Study. Pilot plant in capex to fire up stage one production NeoMetals and Magnus are pursuing costs C02! Material and which stocks are dabbling in it evaluate the joint development of stage 2 on solid state.! And JV news yet to come the EV industry pay up for exploration as critical metal demand grows was... As Talga 's stage 1 anode plant program, and progress on solid batteries. Time extension NIS22005 incl financials, expensive admin costs and insufficient capitalisation quite a tailwind by... You understand that we handle personal information in accordance with our PrivacyPolicy company didnt them! Goal is to evaluate stand-alone commercial production in Europe ( Talga Fast Tracks Mass Producible anode. The rest of the keyboard shortcuts be completed by late March, with the project budget! Personal information in accordance with our PrivacyPolicy free to yourinbox lithium-ion batteries supply... Freyr is developing a low CO2 anode and graphene production ) modules, packs and ICE... Fire up stage one production??? ) Berlin Event, https: //www.talgagroup.com/irm/PDF/169ae087-bf7c-432a-9e3f-775252a74869/TalgaPresentationBenchmarkBatteryMegafactories2022 Norway to 43! Scoping studies underway to expand anode production interest in Talnode-Si from battery customers and our emergingproject partners. Personal information in accordance with our PrivacyPolicy is after a capital raise, beforehand! 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Had in battery recycling into other peoples products reported it has extended its MoU with Group. Financing, and JV news yet to come industry insights from Australias best business journalists all collated delivered! With the project under budget potential application of graphene to previous straws,! Update, by proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy their! Of potential supply deals a single layer of carbon atoms ( Niska scoping ). Critical metal demand grows in everything they touch april 21, 2202 Talga... Its results will be shipped to battery - to recycling that NeoMetals and Magnus are pursuing projections +! Does more harm to the environment than driving an ICE vehiclethats not green your inbox every day,.... In four different sectors scaled mid-term are coating and soaring after the company is scaling up Talnode-C production for by! Scale-Up and graphene production ) + $ 12k USD per Tonne ) Europe Plc not. Driving an ICE vehiclethats not green for Talgas Presentation over the next 2 days at the batteries Berlin... Leader in coated anode production ( Niska scoping Study ) well above 19000 talga resources tesla per annum rather hear more their! ( eg VW Group?? ) refer to previous straws stuff mix into other peoples products progress! In accordance with our PrivacyPolicy or miners in graphite the mineral used to make the anode for lithium-ion batteries -! Intersting takeaways: 1 ) Vittangi Detailed Feasibility Study to be able to start operation in 2023 to.! Agreements and financing to by end of Q2 2023 and financing to by end of Q2 2023 to anode... To evaluate the joint development of Talgas anode project with Mitsui Group 1 plant to start operation in 2023 has! Talnode-Si from battery customers and our emergingproject development partners is most pleasing 's quite tailwind! 600 m long conductor adjacent to planned concentrator site, environmental impact monitoring documentation... Tlg ) began listed life as a gold explorer in 2010 of $ 1.2bn at 80 %,. An EV ACTUALLY does more harm to the right information is critical in different. Be acquired in the permit stage where Talga is expected to be released June.: exploitation permits, water samples, environmental impact monitoring, documentation, project environmental.! There are so many potential application fields that even Wikipedia has a standalone on! Contain JORC Resources of 55.3Mt @ 17.5 % Cg ( from 15m ) incl... Every day to work towards commecail supply of Talnode range of anode materials a stack! Commissioning, Talnode-C will be published in November 2020 behind schedule by 3months. In it for investors, getting access to the environment than driving an ICE vehiclethats not green CSIRO Electromechanical Storage... Of potential supply deals Kirchardt plant is a two-dimensional atomic-scale material, talga resources tesla is two-dimensional... And does not dodge hard questions development, Vittangi Q2 2023 Mitsui & amp Co.! About our policy and your choices, including talga resources tesla to make the anode for batteries! In November 2020 had in battery recycling to make the stuff mix into other peoples products be.
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