to discuss the challenges and opportunities of electrification. 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. NPV8 $1,443m Current MC $389m, as a near term producer, with plenty of upside, could reasonably trade closer to half NPV. EU's Net Zero Industry Act & Critical Raw Materials Act - Significant address at Davos from 12:30.here. After a year of exploring and developing the deposits, Talga discovered that it could make graphene by running an electric current through the ore. 3) Pilot plant construction underway, and will be operational this year, with a capacity of up to 5000 Tonnes per annum. 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%. Mr Thompson has over 30 years global experience in the mineral industry including resource project development, technology and management. It can be combined with other materials to enhance their properties. Vancouver, February 27, 2023 - Sienna Resources Inc. (TSXV: SIE) (OTC Pink: SNNAF) (FSE: A1XCQ0) ("Sienna" or the "Company") is pleased to announce that, further to its News Release dated February 21, 2023, it has completed the first tranche of its private placement (the "Offering"), pursuant to which it issued an aggregate of 47,870,000 units (each, a "Unit") at a price of $0.05 per Unit for . This is very similar to Talga's anode production ramp up, which will have capacity to deliver 100 GWhr of anode material by 2025 - 2026 (assuming mine permits released on schedule). A link to the EIB approval process is here. Talga reported to the market the MOU signed with LKAB (Swedish govt owned)and Mitsui has been extended to November 30, 2021. The automotive and cell companies that we are talking to, they actually want European [anode] supply starting in 2022 or earlier, Thompson says. In one of the webinars, I asked Mark why he did not try to raise more money to have enough cash buffer in case of an emergency. For example, through partnerships for project finance. The world needs to sit up and take notice of the harm caused by battery materials sourced from China. 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. Market Close Update Our Swedish battery metal projects provide additional avenues for Talga to deliver value across the European battery supply chain.. Please visit the forums tab for general discussion. Our lending activity aims to support the regions productivity and environment. We need to share the posts on this group with other stock groups. Talga Group Ltd (ASX:TLG & OTC:TLGRF) is a company focused on providing a source of advanced battery materials and graphene additives for the shift to a more sustainable world. DISC - I hold, but will be capping my holding at 5% max. Featured News 4) Detailed Feasibility Study to be released by June 30 for Stage 1 plant to start operation in 2023. 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. Talga still owns those legacy projects, but graphite was always the focus. 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. What a HUGE saving in CO2-eq alone! Talga seem to reduce the carbon footprint in everything they touch. They dont have that. 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. This will further enhance Talga's already leading CO2 emissions over the anode plant life cycle, with what iwll be a zero CO2 mine. 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.. Automotive giants. Talga not only mines graphite, but it also develops graphite anodes that are used in battery manufacturing. Talga has successfully commissioned and is now operating its Electric Vehicle Anode (EVA) qualification plant in northern Sweden to supply coated anode for battery customer qualification The EVA plant uses graphite concentrate from the Company's wholly-owned Vittangi Graphite Project to produce Talga's flagship Li-ion battery anode product . Vae anketa. Straws are discrete research notes that relate to a particular aspect of the company. The area is now being prioritised for further diamond core drilling over the next month. Talga Technologies Limited is the product development arm of parent company Talga Resources Ltd, a vertically integrated technology minerals company. Everything was going really well, but the timeline for brand new materials to enter production can be long, Thompson says. In June 2016 the company raised $10 million in a placement. Talga continues to pursue commercial agreements and finance commitments with partners, such as Automotive OEMs (eg VW Group???). This has huge implications fo rthe anode supply chain in Europe - Link here. Interestingly, this is after a capital raise, not beforehand, which is often the case with MDs. Talga needs faster permitting / approvals, and decisionmakers to take responsibility. 2) ACC has been awarded funding by the EU as an IPCEI (Important Project of Common European Interest). Talga expecting to sell one tonne of anode at $11250. Talga Group Ltd. provided an update on permitting advances for its 100% owned integrated graphite mine and battery anode project in northern Sweden. Presumably, they bring a great deal of mining development IP to the table, and local knowledge. However, Niska permit applications were lodged last year. It has taken Talga nearly 10 years to get this far. We were working with companies like the Tata Group at the time. The scale of a potential scoping study would be based on discussions with customers, localstakeholders and project development partners. Has a world class product that's a necessity within the EV industry, however Graphine gives it another string to its bow. Environmental Officer - Roles include:As Environmental Officer, you will be a key figure in Talga's continued establishment in Norrbotten. We could now cheaply, with no limit on scale, make endless amounts of graphene, Thompson says. Expect a material re-rate once JV partnership is finalised (if favorable) & if mining permits granted. West Perth,Australia 6005. Largest risk is permitting not proceeding. The graphite projects include Vittangi, Jalkunen, and Raitajarvi. I have never posted here before, but do not like the lack of information available to the investor. These [companies] will be price takers, whereas we are set to define the products we want to sell. The MOU has been extended through to 31 August 2022. Talga (ASX:TLG) began listed life as a gold explorer in 2010. 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. Talga then set up an R&D centre in Cambridge, one of the top graphene universities in the world. 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. Email Lists Note: Talga will need more cash within the next 6 months. Lunch Update 16 min read. . We needed to develop our own technology around how to make the stuff mix into other peoples products. The Company is listed on the Australian Stock Exchange but has its operations in Europe where it has been active since 2011. Talga announced trial mining has commenced at Niska South to extract 2500 Tonne of natural graphite samples. The market didn't like the delay, but it was inevitable. 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. Broken down below. 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.". 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. Interesting video outlining the geology of the Vittangi Site. Its operating and geographical segments consist of graphite exploration and development in Sweden, graphite or graphene research and development in Germany and the United Kingdom as well asAustralia. This makes Vittangi a strategicallyimportant resource for global battery manufacturing and decarbonisation efforts.. I like that this company is in the new battery sector, and the graphite industry as well. There are so many potential application fields that even Wikipedia has a standalone article on the potential application of graphene. 2 Richardson St Talga is developing graphene products for additives to coatings, batteries, concrete and epoxy composites. A note about relevant advertising Refer to article here. As of the last closing price of AU$1.76, shares in Talga were trading +27.72% higher than their 200 day moving average. 3) EU Commission is seeking to take a proactive role in developing the battery supply chain The EU Commission President is advocating for the EU Commission to make equity investments in small enterprises to accelerate development. With numerous short-term catalysts, the company presents a unique buying opportunity for investors who are looking for an undervalued battery technology company. By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. Board (CAB) stated the Project's closure risks, reindeer herding risks, and water quality risks could be successfully managed, and that t. The Swedish Environmental Protection Agency and Swedish Agency for Marine and Water Management have advised they will not be making further submissions, following prior consultations throughout the project. The company is in a unique position to profit from multiple technological, geopolitical, and environmental trends. But on that front I also know there are years of still having the current configuration, and in this arena Talnode-C will hold its own. EDIT: Key outcomes that are potential tailwinds & a threat! Mark Thompson is an extremely investor-friendly CEO. 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. Given the available resources and projected demand, many expect future production far beyond the 120 kt/a that we know of so far. Some subs dont allow seeking alpha sites. It is unlikely Talga will enjoy a re-rating until raw material is secured via mining approvals, EVA plant begins operation, and financing is resolved for Phase 1. It appears Verkor is looking to secure a significant chunk of Talga's anode production capacity. Value engineering study is nearing completion. Step up funding for strategic industrial development for clean tech production. Key takeaways: The feasibility study predicts the cost of production of the core product Talnode-C to be $1 852 USD per tonne, and the anticipated sale price of Talenode-C to be $11 205 USD. 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). The purpose was to assess and evaluate. 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. 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. An update on the Vittangi graphite resource is expected in Q4 2022. Processing steel slag to extract vital elements sure beats dumping the slag into landfill or even repurposing as road base. 2) Looking to partner to raise the other 40% - Thereby Talga likely to hold 60% stake in anode business. 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. Megan prompted Mark to raise funding / financing, but Mark didn't bite, stating the real issue regarding financing is speed. You can find out more about our policy and your choices, including how to op-outhere. Graphite has a huge role to play in the renewables future but why hasnt the market realised it yet? As this industry grows, theres a coordinated push to establishinternalEV supply chains across the EU. Copyright 2023 Strawman Pty Ltd. All rights reserved. The extension date is aligned with expected finalisation of execution plans as well as required permitting and approvals. Mining is a dirty and energy-consuming business. Talga Group hasannounced a fund raise ofAUD$22 million (around USD $14,000,000). Four hours ago, Musk's plane landed near Hagnesta, Sdermanlands ln, Sweden . 4) Talga EVA plant is uner construction, with coated anode production scheduled for Q1 2022. Yield of Talnode-C (from graphite concentrate) increased to 99%, up from 88% in PFS, Total recovery of Talnode-C (from graphite ore) increased to 90%, up from 80% in PFS, Energy savings of 30% in graphite concentrate production, Successful piloting of proprietary sustainable purification process producing battery-grade graphiteconcentrate without use of industry standard hydrofluoric acid (HF), Positive feedback on Talnode-C from major battery manufacturers including high capacity and fast-charge performance during qualification tests, Refinement of Talnode-C coating treatment based on input from automotive OEM customers, Pre-production scale Talnode-C pilot plant to satisfy larger automotive OEM qualification process, Expressions of interest received for Talgas lithium-ion battery anode products exceed300% of planned annual capacity of the Vittangi Anode Project, Talnode products now in 36 active commercial engagements covering majority of plannedEuropean Li-ion battery manufacturers and 6 major global automotive OEMs, Talga expanding scale of Niska Scoping Study as a result of this significant interest, Li-ion battery megafactories set to require >2,500,000tpa active anode material by 2029, upfrom ~450,000tpa anode production today, with Europe the fastest growing market. 1.Introduction. A note about relevant advertising Leading up to the hearings for environmental approval early next year, I feel this public affirmation of the positives of the project, and the need for the project, can only help the cause. Presumably, this will inform the mining permit application to verify envirnmental impact can be well managed. 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. West Perth WA 6005 Press J to jump to the feed. General discussion on decarbonised transport, renewables, batteries, graphite, and graphene is also welcome here. Director General of the DG ENER at the European Commission. Funding and permitting risks are falling away. Talga as we all know is one remarkable company, just need to be made more well known to the everyday invester. Terms of a proposed JV are yet to be agreed, hence the time extension. ". Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. I am not receiving compensation for it (other than from Seeking Alpha). The company mines natural graphite, using 100% sustainable electricity and locally-produced materials. Stock market enthusiast. 25m @ 40.0% Cg (from 156m), 26m @ 37.6% Cg (from 159m) NUS21012 incl. We talk with fund manager Alphinity, Ground Breakers: Are we in a mining boom? The good news is, Europe will likely provide financial support for projects such as Talga's, which strategically critical for Europe's energy security. Over the past six months, its share price has outperformed the ASX All Ordinaries Index by +22.82%. As a former gold explorer (founded in 2010 as Talga Gold), Talga is viewed by the general investment public. The carbon footprint declaration will become mandatory under the incoming new EU Batteries Regulation.. The new EVA plant allows Talga Group to demonstrate it can delivery quality anode materials at scale. Development will include battery materials lab, and battery cell making facilities for cycle testing. Anode producer, Talga Resources, presented at the CSIRO Electromechanical Energy Storage Series. Talnode-Si preliminary feasibility study to be finalized in Q1 2021. First Graphene - Erster Kommerzieller Produzent | Aktienforum | Aktien Forum | Diskussionsboard | Community von finanzen.net Australia. Segment: Open Market Copyright 2023 Tradegate Exchange GmbH Please note terms & conditions DAX, MDAX, TecDAX and SDAX are registered trademarks of Deutsche Brse AG Sweating on commercial agreements, with MITSUI partner MOUexpiring June 30! And that is a great approach in todays climate sensitive environment. I am not receiving compensation for it (other than from Seeking Alpha). 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. It's free. Talga Resources Ltd. Information Last Buy Sell Intraday 1 Week 1 Month 1 Year 5 Years Talga Resources Ltd. 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. So, it did a bigger test and discovered that anode material made from Vittangi graphite made really high-performance lithium-ion batteries. You can find out more about our policy and your choices, including how to op-outhere. In his annual update video, Mark Thompson states It's been a monumental year for Talga with many huge milestones reached by our teams around the world.. The project is currently in the permit stage where Talga is expected to be able to start establishment shortly.". 84m @ 20.2% Cg (from 15m) NIS22005 incl. Key takeways: 1) Talnode-Si approach is focused on a practical, scalable solution for silcon anode dosing, using Talga's proprietary graphene coating technology. Approval process is here cheaply, with no limit on scale, make endless amounts graphene. By June 30 for Stage 1 plant to start operation in 2023 the potential application fields even. Buying opportunity for investors who are looking for an undervalued battery technology company including resource project development partners 100. Construction, with no limit on scale, make endless amounts of graphene, Thompson says it! That even Wikipedia has a standalone article on the potential application fields that even has... The extension date is aligned with expected finalisation of execution plans as well required. 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