Only registered members can use this feature. Largest risk is permitting not proceeding. Pic: Tyler Stableford / Stone via Getty Images, December 2, 2019December 2, 2019 | Special Report. The Company is listed on the Australian Stock Exchange but has its operations in Europe where it has been active since 2011. Suite 3.03, Level 3 Talga is well situate to help Europe achieve its push into electrification as well as its push for locally sourced battery materials. Special Report: Talga Resources is not your everyday, aspiring graphite miner. It operates through the following geographical segments: Sweden, Germany, United Kingdom and Australia. Talgas unique tech puts it miles ahead of its peers, made really high-performance lithium-ion batteries. 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. It is intendedthese discussions be extended to include Talgas Niska Project. Mining is a dirty and energy-consuming business. According to our data, Talga Resources Limited has a market capitalization of AU$116m, and paid its CEO total annual compensation worth AU$1.3m over the year to June 2019. Talga Resources Ltd. Aktie Profil Die Talga Resources Ltd. Aktie wird unter der ISIN AU000000TLG7 an den Brsen Frankfurt, Dsseldorf, Mnchen, Stuttgart, Berlin, Sydney, Nasdaq OTC, BX. 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. The MOU between the Companies, planned to take place until 31 August 2022, is based on the intent to advance potential co-development of Talga's Vittangi Anode Project in Sweden through a Joint Venture, and is expanded to include marketing, sales and partnership opportunities across Talgas portfolio of lithium-ion battery products. Although the reported three month delay in the DFS seems like a worryingly long delay. 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. joined members of Swedish Parliament, Mattias Karlsson and Emilia Tyr, as well as representatives from the Electrification Commission, Swedish Energy Agency and. Talga have announced a capital raising. 4) Commercial / financing negotiations are underway with partners and customers, but no timeline other than finalising critical contracts this year. Talga Group expect the negotiations to be resolved by the end of Q1 2023. You will be responsible for environmental issues related to Talgas mining operations in Nunasvaara (Vittangi) and planned plant in Lule. 4) The LOI only covers the 1st stage of the development, Vittangi. At a European battery show in Hanover in early 2018 the company was swamped with queries from car brands, electronics companies, and battery makers, says Thompson. The [Tata] scientists we worked with were so impressed with what we were doing they left and joined us. Talga have announced a capital raising. I have attached the Swedish mining approval process below. Step up funding for strategic industrial development for clean tech production. 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. 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. 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.". 5) Confirmed 19 000 Tonne per annum Stage 1 plant is on track to beup and running in 2023. 25m @ 40.0% Cg (from 156m), 26m @ 37.6% Cg (from 159m) NUS21012 incl. 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. Talgas market capitalization is only around USD 150 Million (per October 9, 2020). Good to see Talga's negotiating position is strengthened, with multiple offtake agreements being negotiated simultaneously. trial mine includes extensive environmental monitoring systems, and sockpiling of topsoil for rehabilitation of the 100 x 100 m trial mine site at the end of the 2021 campaign. This makes the company a cost leader in coated anode production. 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. Click for membership options. Talga then set up an R&D centre in Cambridge, one of the top graphene universities in the world. EVA Pilot plant to be located within the Swerim Metals Research Institute, close to Talga's proposed full-scale anode refinery site. . Talga Resources has a trailing 12-month revenue of around $16,420. 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 Resources and Renascor Resources are two peers that are also chasing a value-adding fine spherical graphite product strategy. The company is in a unique position to profit from multiple technological, geopolitical, and environmental trends. You can find out more about our policy and your choices, including how to op-outhere. 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. 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. Next 6-18 months will see this company surge. The advanced materials technology company today reported the positive test results of its graphite anode product, which it is trademarking as Talnode-X, in enabling a full charge (from 0% to . EU needs to help businesses replicate what Talga is doing in Sweden. 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. To me, it appears that the most significant permitting risks have been dealt with. 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. There are many ways the projects may be financed. Talga reported to the market the MOU signed with LKAB (Swedish govt owned)and Mitsui has been extended to November 30, 2021. Refer to article here. Following commissioning, Talnode-C will be shipped to battery cell makers to undergo next stage commercial testing. High Voltage: Teslas supersized Gigafactory could need 2 lithium, 4 cobalt, 8 nickel, and 9 graphite mines worth of production every year, Market Highlights: Wall Street gains, Aussie CPI ahead, and 5 ASX small caps to watch on Wednesday, Market Highlights: iPhones shortage, Fed Powell to speak, and 5 ASX small caps to watch today, Market Highlights: ASX to rise, oil price volatility, and 5 small caps to watch on Wednesday, MoneyTalks: The commodities and stocks Barclay Pearces Morgan McGuire thinks can win commodity supercycle, Caught short? Their three advanced projects are Vittangi, Jalkunen and Raitajrvi. 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. 3) Mine permitting will enable offtake agreements to be resolved. "It is clear that the Australian-Swedish company Talga Resources, which manufactures battery components for, among other things, electric cars, will establish itself in the area.". It was a veritable candy shop of mineralisation, says managing director Mark Thompson. EVAPilot Plant looks ot be behind schedule by around 3months. Talga Grouphas announced it has opened its new Battery Center of Excellence in Cambridge, UK. 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. Livent should benefit from. Additionally, the growth will be accelerated through selected acquisitions and investments that offer synergies with LKABs market, operations and sustainability ambitions. Revenue of $12bn x 10. That deal was completed in 2012. Now were talking about EVs cleaning up the environment. We now employ 35 technical and professional people from the exploration and discovery of graphite, through mining and processing, to marketing and R&D of new battery materials and graphene additive products. 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 website uses cookies. We develop green battery anode and advanced materials in northern Sweden that will help shift the world to a sustainable future. West Perth,Australia 6005. The final 2 steps, I understand, are more or less procedural, requiring Talga Group to demonstrate works will be carries out in accordance with building and planning codes. 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. Targa Resources Corp. 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