The company is in a unique position to profit from multiple technological, geopolitical, and environmental trends. Morning Update Environmental Officer - Roles include:As Environmental Officer, you will be a key figure in Talga's continued establishment in Norrbotten. Drilling results. Morning Update So, a positive and a negative. Megan prompted Mark to raise funding / financing, but Mark didn't bite, stating the real issue regarding financing is speed. This makes Vittangi a strategicallyimportant resource for global battery manufacturing and decarbonisation efforts.. This is due to the increasing supply / demand imbalance, an the increase in quality of the anode material (refer point 2 above). 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. Numerous governments announcing plans that would include support forstrategic investments in the battery materials supply chain.link, Increased awareness of Talga's progress towards building and operatingEuropes first large-scale graphite anode production facilities and strategic role. The most significant issue/risk facing Talga Group is resolving itscapital requirements. If you're looking to buy shares, check out the steps below. Responsibilities will include optimizing mine designs and liaising with engineering and mining personnel to ensure the mine plans are executed efficiently and safely. 84m @ 20.2% Cg (from 15m) NIS22005 incl. In the last three to four years we have built our inhouse team of scientists that know how to make batteries and integrate both the graphite and the graphene material into other peoples products, Thompson says. Talga Resources has provided an update on the commercial progress of its graphene-enhanced silicon anode lithium-ion battery product Talnode-Si. As of the last closing price of AU$1.76, shares in Talga were trading +27.72% higher than their 200 day moving average. 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. The initial mine life is 20 years, but the Vittangi precinct is us yet to be fully explored. You can extrapolate to your own numbers. Click for membership options. 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). Weekend Update, By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. Intiially, the development was to be carried out in two stages. 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. The goal is to evaluate stand-alone commercial production in Europe (Talga Fast Tracks Mass Producible Silicone Anode Product). Tesla CEO Elon Musk made an unexpected visit to Germany this week to recruit new employees and discuss some issues related to the construction of Giga Berlin. Maybe even hundreds! But I do love the full cycle mine - to battery - to recycling that NeoMetals and Magnus are pursuing. This means the relevant authorities have completed scrutiny of the application documentation, including supplementary information provided by Talga Group. Unsubscribe whenever your want. Dies beinhaltet die Agentur-Feeds auf finanzen.net, aber auch. Talga needs faster permitting / approvals, and decisionmakers to take responsibility. to high quality synthetic anode), and $72 Million USD provision for infrastructure to serve Stage 2 expansion. Broken down below. Our Swedish battery metal projects provide additional avenues for Talga to deliver value across the European battery supply chain.. The graphene industry seems to be flourishing, at least when looking at the valuations of public companies. 2) Mine permitting will enable JV with Mitsui to be resolved. 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. Battery and advanced materials company Talga Group Ltd (Talga or the Company)(TLG:ASX) is pleased to advise it has further extended the Memorandum of Understanding (MoU) with Mitsui & Co. Europe Plc (Mitsui), a subsidiary of Mitsui & Co., Ltd., one of the largest global trading and investment companies based in Japan. Talgas mine is estimated to have the highest grade of graphitic carbon among its competitors. 4) Mine permitting will enable European Development Banks to approve/progress funding of project. 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. This is required for the final customer validation phase for anode materials. Talga wholly-owns its graphite deposits in Sweden, which it claims host the largest resources in Europe. I am interested in biotech, mining, natural resources and technology and have been active on the stock market since 2007. 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%. Testing of Talga materials and products is underway with a range of corporations including industrial conglomerates Tata and BASF subsidiary Chemetall, UK listed Haydale, flexible battery maker Zinergy and German based Jena Batteries. 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. 5) Confirmed 19 000 Tonne per annum Stage 1 plant is on track to beup and running in 2023. Check out their investor presentation. Talga is also engaged in advanced discussions and due diligence processes with other parties under NDA regarding project financing and partnerships. Low energy costs in combination with a high amount of graphite in the ore give Talga an advantage in ore processing and anode production. They applied to mine 100k for 22 years. Local supply isnt just strategically important but can be mandated by the financiers and local governments. A good Straw offers a clear and concise perspective on the company and its prospects. Talga Group has provided an update on commercialization and customer qualification of Talnode-Si, the Companys proprietary silicon anode product for lithium-ion (Li-ion) batteries. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Goldman Sachs, late last month, lifted its forecasts for lithium. It has taken Talga nearly 10 years to get this far. 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. 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. Developing a mine, production facility, finance, customer trust, & customer demand, all simultaneously is no easy task. Talga Resources, SolGold and more. Two presentations over the past week. 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's graphite/graphene strategy. According to the Pre-feasibility Study (PFS) conducted in 2019, Talgas mine exhibits pre-tax annual revenue of USD 188 million and IRR of 55%. The hearing represents the FINAL step before the Court hands down it's decision. 1) Mining permits progressing well, and expect approval in the first half of 2022. View contact profiles from Talga Resources Talga Group expect the negotiations to be resolved by the end of Q1 2023. Add to my watchlist Overview Discussion Corporate Spotlight More Sorry, the video player failed to load. Details of Talnode -Si anode performance provided. 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. Segment: Open Market Copyright 2023 Tradegate Exchange GmbH Please note terms & conditions DAX, MDAX, TecDAX and SDAX are registered trademarks of Deutsche Brse AG Director General of the DG ENER at the European Commission. 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.. That deal was completed in 2012. You will also be undertaking necessary engineering work for gaining mining approvals. Key takeaways: 1) Talga and FREYR to work towards commecail supply of Talnode range of anode materials. The full-scale production is planned for 2023. You will run Talgas' environmental work, where you are responsible for environmental management systems based in ISO 14001. Key takeaways: Based on the strong interest from industry and the anticipated permitting timeframes in Sweden,the Company has decided to expand the Niska scoping study of the Vittangi Project to review significantly larger anode production options. My investment thesis for Talga Group is here. The information is not intended to imply any recommendation or opinion about a financial product. 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? Lunch Update Current share price for TLG : $1.690 0.09 (5.62%) Talga Resources Ltd (TLG, formerly Talga Resources Ltd), an ASX-listed company, is a battery anode and advanced materials company. Featured News The feedstock from the trialmine will be used for advanced qualification trials at our EVA anode plant with arange of global customers as we scale up towards commercial production in 2024.. Prospective Anode Producer, Talga Group, have released their Scoping Niska Study. 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. 100k anodes planned at $12k per tonne. Get the latest Stockhead news delivered free to your inbox. Revenue of $12bn x 10. Get the latest stock news and insights straight to your inbox. 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. The two biggest challenges of graphene are scalability and price. We look forward to fast-tracking the development and commercialisation of Talnode-Si as part ofour vertically integrated business strategy to provide high performance anode material at acompetitive price and produced to the highest environmental standards.". 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. The extension date is aligned with expected finalisation of execution plans as well as required permitting and approvals. Advertisement Advertisement New questions in Araling Panlipunan. Extended to 31 March 2023 and this extension is expected to align with expected finalisation of execution plans. Our ambition is to enable the world's most sustainable battery and consumer products. With numerous short-term catalysts, the company presents a unique buying opportunity for investors who are looking for an undervalued battery technology company. They are building a MOAT that everyone will want to cross. Stockhead is providing factual information where there is a reasonable likelihood of doubt. Talga has been developing Talnode-Si since 2018 at its facilities in Cambridge, UK, with commercial samples being produced at its pilot facility in Rudolstadt, Germany. Talga not only mines graphite, but it also develops graphite anodes that are used in battery manufacturing. "The positive trajectory of interest in Talnode-Si from battery customers and our emergingproject development partners is most pleasing. Honda Declares All Sales Will Be Electric Vehicles by 2040. Everything was going really well, but the timeline for brand new materials to enter production can be long, Thompson says. This is also known as Online Behavioural Advertising. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information. Suggested Talga needs to build a positive narrative on why the Talga Project is needed for the EU and Sweden. 46 Colin Street It's free. They all play in the same field, and in many ways are the opposition of each other. The Company is listed on the Australian Stock Exchange but has its operations in Europe where it has been active since 2011. Even Nikola (NKLA), a publicly-traded company with a questionable reputation whose claims have been challenged and/or proven false is still valued at around USD 9 Billion (per October 9, 2020). The Ethical Investor: How important is corporate culture for ESG investors? TALGA GROUP LTD TLG (ASX) - ASX Share Price & News Discussion | HotCopper Forum Companies ASX TALGA GROUP LTD TLG TALGA GROUP LTD - Discussion Market Cap $551.6M ! There are endeavours to incorporate the material into sensors, aircraft, green tech solutions, industrial robotics, sporting equipment, paint the list goes on. Talga Resources (ASX:TLG) Company Profile 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 Company is now finalising the environmental permit for the Lule anode refinery site. Following encouraging early test results, further technical and commercial development of Talnode-Si has been underway at Talgas facilities in Europe. 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 We may learn more about Sweden's intentions during COP26. . In early 2018, Talga tested some of its raw graphite in a battery and it worked. Worth a listen for shareholders and those interested in Talga. I have no business relationship with any company whose stock is mentioned in this article.
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