The UK government has recently announced a series of economic stimulus packages, including a 1 billion Automotive Transformation Fund (ATF), towards boosting the domestic electric vehicle and lithium-ion battery economy in collaboration between the Advanced Propulsion Centre, the Department for Business Energy and Industrial Strategy, Innovate UK and the Department for International Trade. Talga Resources Ltd (ASX:TLG) is listed on the Australian Securities Exchange. So, it did a bigger test and discovered that anode material made from Vittangi graphite made really high-performance lithium-ion batteries. 16:30: EZ : 16:19: EZ : Nejdiskutovanj zprvy dne. Note: Talga will need more cash within the next 6 months. Going forward, Mitsui and Talga will continue negotiations regarding the development of the project. Talga is developing graphene products for additives to coatings, batteries, concrete and epoxy composites. Upgrade your membership to unlock all content. The automotive and cell companies that we are talking to, they actually want European [anode] supply starting in 2022 or earlier, Thompson says. Talga Resources also recieved $520K to complete a preliminary feasibility study into the commercialisation of their Talnode-Si product, with a view to assessing the production of this product in the UK. 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. 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. This makes Vittangi a strategicallyimportant resource for global battery manufacturing and decarbonisation efforts.. Finally, even though there are no definite plans about it now, I count on a possible listing in the US in 2021. 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 Stockhead is providing factual information where there is a reasonable likelihood of doubt. The Swedish Transport Administration have responded confirming earlier information requests have been appropriately responded to. The study is expected to be completed by June 2021. 1) Mark commenting on o tweet from the European Investment Bank (EIB) President, Werner Hoyer. Should binding agreements be entered into, the Company will release details in accordance with its disclosure obligations at that time. Its going to cost Talga an estimated $US1,852 ($2,725) to produce each tonne of Talnode-C, which is expected to sell to battery makers for roughly $US11,250/t. February 24, 2023 | Reuben Adams, February 21, 2023 | Gregor Stronach, February 14, 2023 | Jack McGinn. Our lending activity aims to support the regions productivity and environment. Grouped under #hashtags, they are ranked by votes. This infrastructure will enable Talga to accelerate Stage 2, the progress of which will be dependatn on mining permits / approvals. Suggested the EU Innovatino Fund (Green Deal) needs ot be extended to include all parts of the battery supply chain (i.e. Large scale samples are being committed at prices above DFS price projections (+$12k USD per Tonne). Could the EV industry pay up for exploration as critical metal demand grows? Talga has announced the the first Li-ion battery anode material has rolled off the production line of it EVA qualification plant in Sweden. 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? This is where Talga, headed by affable managing director Mark Thompson, comes in. We were working with companies like the Tata Group at the time. 19m @ 42.5% Cg (from 162m), Anna-Michelle Asimakopoulou, Member of European Parliament, Peter Handley, Head of Unit, DG GROW at European Commission. As this industry grows, theres a coordinated push to establishinternalEV supply chains across the EU. This is consistent with the delays in mine approvals, which were originally programmed to be issued by end of Q1 2022, and which appear to have slipped to Q3/Q4 2022, given the land & environment court hearing is scheduled for Q3/Q4 2022. 2) Commenting on CEO of Benchmark Intelligence tweet concerning lack of graphite supply. Growth within the industrial minerals market is a strategic activity to reduce dependence on the iron ore market which today accounts for around 90 per cent of the external sales. 3) Significant sales price increase for the product. Talga announced trial mining has commenced at Niska South to extract 2500 Tonne of natural graphite samples. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Tesla zaala do. 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. At 19 tonne sof Talnode-C produced per annum, the feasibility study indicates TLG will generate $178 M USD of gross margin per annum. a) Factory production late delayed to 2024. c) Use NPV of DFS and Scoping study, with deduction 20% increase in capital costs. Copyright 2023 Strawman Pty Ltd. All rights reserved. The product is an on-site dispersible powder that can add graphenes properties into paint and coatings. e) 20% share dilution to fund business through to 2024. f) Stage 1 completion:2024, Stage 2: 2027, stage 3: 2029. 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. 5) EV anode pilot plant production commissioning & commencement early 2022. 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. Talga Resources: Vertically Integrated And Extremely Undervalued https://seekingalpha.com/article/4379353-talga-resources-vertically-integrated-and-extremely-undervalued. Back of envelope price target 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. READ: Why graphene is called a wonder material and which stocks are dabbling in it. Contact Details. Special Report: Talga Resources is not your everyday, aspiring graphite miner. That's a subsidiary of Japanese global trading and investment giant, Mitsui & Co., Ltd. 4) Detailed Feasibility Study to be released by June 30 for Stage 1 plant to start operation in 2023. I am interested in biotech, mining, natural resources and technology and have been active on the stock market since 2007. 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.". By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. This has huge implications fo rthe anode supply chain in Europe - Link here. Relations and Public Affairs of the EU, ABB. 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. 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. And that is a great approach in todays climate sensitive environment. 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. 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. Low energy costs in combination with a high amount of graphite in the ore give Talga an advantage in ore processing and anode production. A big news month for Talga, as the long awaited DFS is due by the end of the month, and the MOUwith Mitsu expire om June 30. This is very unique graphene straight from ore in a single step. November 23, 2022, Talga has announced their anode projects have passed the EIB screening process, and is now under appraisal for finance of up to $300 M EURO. They are making the situation worse!! 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. Terms of a proposed JV are yet to be agreed, hence the time extension. This is sufficient to deliver into fast-growing product development and customer qualification programs, and further highlights the scalability of Talgas silicon anode production approach. Pic: Tyler Stableford / Stone via Getty Images, December 2, 2019December 2, 2019 | Special Report. Everything was going really well, but the timeline for brand new materials to enter production can be long, Thompson says. 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