On November 23, 2021, a panel discussion addressing Green Anodes was arranged as the European Commissions' Raw Materials Week. Talga Resources has reported a milestone moment in a sea trial of its Talcoat graphene coating. Stockheads daily newsletters make things simple: Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. 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 key features of this announcement are: 1) Talga and ABB have agreed to develop the Front End Engineering and Design (FEED) for the development of the concentrator and anode plant for Stage 1 for completion in June 2022. 5) EV anode pilot plant production commissioning & commencement early 2022. Using China Synthetic in an EV ACTUALLY does more harm to the environment than driving an ICE vehiclethats not green! Talga owns Europe's largest natural graphite . However, this was not the only surprise visit, as Musk's jet made another unscheduled landing in Sweden. 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. joined members of Swedish Parliament, Mattias Karlsson and Emilia Tyr, as well as representatives from the Electrification Commission, Swedish Energy Agency and. Press question mark to learn the rest of the keyboard shortcuts. Talga is developing a graphite mine in Sweden, with a trial 25,000-tonne mine already approved. Talga rightfully pushing how clean its natural graphite is, and the fact that it is the 1st resource company committed to EU Principles for Sustainable Raw Materials as well as Europes 1st anode manufacturer. At 19 tonne sof Talnode-C produced per annum, the feasibility study indicates TLG will generate $178 M USD of gross margin per annum. It also appears the EIB finance is conditional on supporting European supply chains, given the offtake negotiations announced are focussing on European manufacturers (and this is mentioned in the announcement). Look out for the potential for something out of left fieldin the form of direct investment to accelerate Talga's development of Stage 2. The graphite projects include Vittangi, Jalkunen, and Raitajarvi. Commissioning to be completed by late March, with the project under budget. I am wondering whether this update is more about pumping the the share price prior to a capital raise. This makes the company a cost leader in coated anode production. I believe Talga Group is targeting 300 kTonne anode production per annum by 2030. This sector wide performance maybe related to a number of positive factors relevant to the sector during thisperiod including but not limited to: An EV Anode Pilot Plant update has been released. This is required for the final customer validation phase for anode materials. Support in building supply chains, relationships with suppliers, assist the procurement and contracts group. Offtake agreements and financing to by end of Q2 2023. A vertical stack of three evenly spaced horizontal lines. Note: Talga will need more cash within the next 6 months. Right now, the company is scaling up Talnode-C production for testing by customers ahead of potential supply deals. 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.". Our customers are the OEMs and brand names of the world., >> Now watch: 90 Seconds With Mark Thompson, Talga Resources. 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%. Its that IP investment that is a barrier to entry for other companies. 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. e) 20% share dilution to fund business through to 2024. f) Stage 1 completion:2024, Stage 2: 2027, stage 3: 2029. Talga Group reported today that the final phase of their 25000 Tonne trial mine will commence over the next few days. quality control labs) and Germany (processing technology scale-up and graphene production). It is intendedthese discussions be extended to include Talgas Niska Project. Commercial production scheduled for 2024 commencement. Some subs dont allow seeking alpha sites. Drilling results. On June 12, 2014, Tesla announced that it will not initiate patent lawsuits against anyone who, in good faith, wants to use its technology. 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. Talga not only mines graphite, but it also develops graphite anodes that are used in battery manufacturing. It appears EIB has been doing due diligence on Talga's development. Spodumene (a primary ore of the metal) is tipped to rise from $395 a ton to $536/t this year. Talga wholly-owns its graphite deposits in Sweden, which it claims host the largest resources in Europe. In the short to medium term, strong demand. Suggested Talga needs to build a positive narrative on why the Talga Project is needed for the EU and Sweden. Govt backed debt (such as backed by SERV), enable lower lending rates on debt finance. 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. I have no business relationship with any company whose stock is mentioned in this article. https://www.politico.eu/article/sweden-test-fast-ferry-traffic-congestion/, Talga presented at Oslo Battery Day 22 Aug 22. Unsubscribe whenever you want. I however also know that the TAM is so large that there is ample room for many players. Talnode-Si preliminary feasibility study to be finalized in Q1 2021. 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. Talga Sverige | Kiruna Talga Resources has provided an update on the commercial progress of its graphene-enhanced silicon anode lithium-ion battery product Talnode-Si. 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. 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. 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. You can extrapolate to your own numbers. Major milestone acheived for the development of Stage 1. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. (at this moment of the discussion, Peter Handley reminded Anna he has a proposal for this on her desk). This has huge implications fo rthe anode supply chain in Europe - Link here. For investors, getting access to the right information is critical. Talga Resources develops graphene-based products in four different sectors. Valmet Automotive has started the series production of battery systems in Kirchardt, the Finnish company's first battery plant in Germany. It was a veritable candy shop of mineralisation, says managing director Mark Thompson. Global graphite demand to increase 400% by 2040, and 100% of which is currently imported into the EU. This equates to an anode demand of approximately 275 000 Tonnes per annum. Pic: Tyler Stableford / Stone via Getty Images, December 2, 2019December 2, 2019 | Special Report. The previous offering was done among existing shareholders in November 2019, where the company raised AUD 6,2 Million in an oversubscribed offering. China spherical . We collect information about the content (including ads) you use across this site and use it to make both advertising and content more relevant to you on our network and other sites. Presumably, this will inform the mining permit application to verify envirnmental impact can be well managed. 4) The off-take agreement is for 60% of Talga's maximum Stage 1 output. 22m @ 25.7% Cg, 29m @ 29.1% Cg (from 58m) NIS22026 incl. Local supply isnt just strategically important but can be mandated by the financiers and local governments. Engineering and design studies are expected to be completed this month. Talga CEO Europe Martin Phillips joined members of Swedish Parliament, Mattias Karlsson and Emilia Tyr, as well as representatives from the Electrification Commission, Swedish Energy Agency and @LKABgroup to discuss the challenges and opportunities of electrification. 1) Detailed feasibility study to be issued by Talga in March 2021. Refer to article here. Our ambition is to enable the worlds most sustainable battery and consumer products. This is the final qualification phase prior to offtake agreements being signed. Ang tinig niyang naghahamon ay narinig ng marami kaya't dumating ang maraming Igorot at pinaulanan si Lam-ang ng kanilang mga sibat. 3) Significant sales price increase for the product. Australia. This vertical integration with 100% ownership of mineral supply, processing and product is designed to provide security of supply for customers and create long-lasting value for our stakeholders. 1) Mark commenting on o tweet from the European Investment Bank (EIB) President, Werner Hoyer. They have $5 Billion AUD annual turnover, and are regarded as a high tech miner. Trading- und Aktien-Chat - ffchenNotToGo schreibt: 28.02.2023 22:15 Dow Jones schliet im Minus Anleger begeben sich auf Suche nach Orientierung https:/ In the long term, Technology may redner the graphite anode obsolete. Panel introduction highlighted the International Energy Agency identified graphite as a critical raw material, and that Sweden has signed up to the energy transition agreement as part of COP 26, and part of this agreement is the need to secure raw materials that are sustainable. It's free. One would expect Talga Resources to be extremely overvalued by now. 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. As of the last closing price of AU$1.76, shares in Talga were trading +27.72% higher than their 200 day moving average. For those that missed The Call recently, Guarav and Henry Jennings provided bear cases for Talga - with Guarav in particular tearing it apart. 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. Revenue of $12bn x 10. This website uses cookies. Talga Group has been active over November on the IR front. An update on the Vittangi graphite resource is expected in Q4 2022. This will in turn enable financing, and commercial negotiations to be fianlised. That remains one of the worlds greatest breakthroughs when it comes to graphene.. Talga is building a European source of advanced battery anode materials and graphene additives, to offer graphitic products critical to its customers innovation and the shift towards a more sustainable world. Stockhead is providing factual information where there is a reasonable likelihood of doubt. With numerous short-term catalysts, the company presents a unique buying opportunity for investors who are looking for an undervalued battery technology company. Couldn't help but notice Managing Director, Mark Thompson recent increase in activity on Twitter. Intiially, the development was to be carried out in two stages. 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, with its proximity to LKABs existing mining operations in Northern Sweden, may offer synergies with resources, skills and infrastructure. Talga Group reported the completion fo the two feasiblity studies into the feasiblity of a Talga anode refinery in the UK as part of UK Govt. The carbon footprint declaration will become mandatory under the incoming new EU Batteries Regulation.. Interestingly, the update makes it quite clear that financing discussions focus on the financing of the project, rather than financing Talga. There are endeavours to incorporate the material into sensors, aircraft, green tech solutions, industrial robotics, sporting equipment, paint the list goes on. 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. That's a subsidiary of Japanese global trading and investment giant, Mitsui & Co., Ltd. I am based in Europe which is why I often write about foreign companies. Dies beinhaltet die Agentur-Feeds auf finanzen.net, aber auch. We need to share the posts on this group with other stock groups. West Perth WA 6005 Lunch Update As a former gold explorer (founded in 2010 as Talga Gold), Talga is viewed by the general investment public. 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. April 21, 2202, Talga Group announced their permit application has progressed to a court hearing. The hearing represents the FINAL step before the Court hands down it's decision. I am interested in biotech, mining, natural resources and technology and have been active on the stock market since 2007. Our ambition is to enable the world's most sustainable battery and consumer products.. This coincides with the completion of the mining permitting process. 3) Permits anticipated in Q1 2023, with Stage 1 production to commence 2024. a) Factory production late delayed to 2024. c) Use NPV of DFS and Scoping study, with deduction 20% increase in capital costs. The information is not intended to imply any recommendation or opinion about a financial product. The ones that can be meaningfully scaled mid-term are coating and battery storage. Announces Form 10-K Available Feb 22 2023 Targa Resources Corp. Reports Fourth Quarter and Full Year 2022 Financial Results and Provides 2023 Operational, Financial, and Capital Return Outlook Supply MOU signed with FREYR. The final pieces of the puzzle are mining permits, which, going by Tala's capital raise presentation in late 2022, is expected in the coming weeks; and financing with increasing interest from the EU innovation fund to support battery supply chain development. Talga's graphite/graphene strategy. Terms of a proposed JV are yet to be agreed, hence the time extension. 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. Morning Update Content is delayed by one month. Suggested the EU Innovatino Fund (Green Deal) needs ot be extended to include all parts of the battery supply chain (i.e. Investing.com has all the historical stock data including the closing price, open, high, low, change and % change. 5) Confirmed 19 000 Tonne per annum Stage 1 plant is on track to beup and running in 2023. Talga then set up an R&D centre in Cambridge, one of the top graphene universities in the world. Based on the Court's preliminary timetable, public statements need to be submitted by June 23, and the formal hearing will commence in the European Autumn. "I would be avoiding it and selling it as fast as I could. Intersting takeaways: 1) Vittangi Detailed Feasibility Study due this month. The oversubscribed Placement, managed by Euroz Hartleys Limited,was reportedly supported by a range of new and existing sophisticated, professional and institutional investors. 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.. The center is a significant expansion of Talgas UK R&D facilities, first launched in 2016. 35 talking about this. 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. Positive market feedback and technical development lead Talga to fast-track preliminaryfeasibility studies for stand-alone European silicon anode refinery. Talga Resources and Renascor Resources are two peers that are also chasing a value-adding fine spherical graphite product strategy. 4) Niska Scoping Study (Stage 2) - Talga looking to re-assess this, given the increasing reserves and demand for anode in Europe. 2) LOI is non-binding, and non-exclusive to enter co-development agreements by June 30, 2021. I wrote this article myself, and it expresses my own opinions. The Vittangi project certainly fits within NIB's core purpose of supporting the regions productivity and environment. 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. 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