Unfortunately, these engagements are under active non-disclosure agreements. Talga have announced a capital raising. 2) Mark Thompson flagged an increase / expansion in production is forthcoming in updated feasibility / scoping studies, due to increasing customer demand. Talga Resources share price has taken off today,because of this. Additionally, the growth will be accelerated through selected acquisitions and investments that offer synergies with LKABs market, operations and sustainability ambitions. Note: Talga will need more cash within the next 6 months. Copyright 2023 Strawman Pty Ltd. All rights reserved. The goal is to evaluate stand-alone commercial production in Europe (Talga Fast Tracks Mass Producible Silicone Anode Product). Our lending activity aims to support the regions productivity and environment. Some subs dont allow seeking alpha sites. 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). Weekend Update, By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. So, it did a bigger test and discovered that anode material made from Vittangi graphite made really high-performance lithium-ion batteries. As well as new relationships opening with other major car manufacturers. make serious money over its initial 22-year life, 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 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. The study will be completed by the end of March 2021. (Company Presentation CSIROE October 2020, Page 16). (Error Code: 100013) LEADING THE BATTERY METALS REVOLUTION Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. Vvoj odhadovan clov ceny a skuten ceny titulu 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. 3) Permits anticipated in Q1 2023, with Stage 1 production to commence 2024. Share price seems like it has been in accumulation for a couple weeks now.. Breakout should happen anytime soon with the latest strengthened balance sheet. Interestingly, this is after a capital raise, not beforehand, which is often the case with MDs. 16:30: EZ : 16:19: EZ : Nejdiskutovanj zprvy dne. That's a subsidiary of Japanese global trading and investment giant, Mitsui & Co., Ltd. Most likely battery capacity and the weight of the materials used. European Investment Bank Published tala's Anode Development as a Project to be Financed - Under Appraisal. Good to see Talga's negotiating position is strengthened, with multiple offtake agreements being negotiated simultaneously. The factory will be unique in its kind and will be able to deliver 19,500 tons of finished anode material annually, enabling the production of 400,000 electric cars. Some key takeaways: European battery production to grow by around 275 GWhr per annum over the next 10 years. Companies will be paying players to take their spent batteries off thema yet unaccounted for revenue stream, and I believe potentially a very lucrative one. Focusing on battery material innovations, development and characterization, the center is designed to complement Talgas existing facilities in Sweden (Talnode-C EV qualification production and battery This button displays the currently selected search type. We'll see.. Talga announced that they have received an expression of interest from Nordic Investment Bank(NIB). Get the latest stock news and insights straight to your inbox. However, the permitting appears to be low risk, with local government support; financing appears to be garnering significant interest; and the EV transition, supply chain risks, nd ESG policies appear to be driving strong demand from customers. I have never posted here before, but do not like the lack of information available to the investor. Talga, with its proximity to LKABs existing mining operations in Northern Sweden, may offer synergies with resources, skills and infrastructure. There are so many potential application fields that even Wikipedia has a standalone article on the potential application of graphene. The two biggest challenges of graphene are scalability and price. It is important to realize that unlike lithium, Nickel or Cobalt Anode Materials require customer testing in batteries at increasing volumes to enter long-term contracts. 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). The consensus valuation is for members only and has been removed from this chart. June 24, 2020 announcement. Talga says the resource revision aims tofurther define what is Europe's largest and highest-grade graphite mineral resource to support andoptimise potential future anode production expansions. Successful exploration allows us to better plan future scale-ups and fully realise the deposits potential for clean battery manufacturing. EU needs to help businesses replicate what Talga is doing in Sweden. Value engineering study is nearing completion. This agreement with Leclanch SA is one of about 40 battery product related engagements some of which cover potential offtake and project finance that Talga says are currently active under non-disclosure agreements. Interesting video outlining the geology of the Vittangi Site. 2) ACC has been awarded funding by the EU as an IPCEI (Important Project of Common European Interest). Ang tinig niyang naghahamon ay narinig ng marami kaya't dumating ang maraming Igorot at pinaulanan si Lam-ang ng kanilang mga sibat. 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. This is how Talga achieves both extremely low production costs and C02 emissions. The company was not affected by the current EV-Hype and is still valued as a pure natural resources miner whose mine is still 2 years away. 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. Talga Resources develops graphene-based products in four different sectors. Net present value including the Niska expansion with 8% discount rate is around 4-5 billion USD. The graphene industry seems to be flourishing, at least when looking at the valuations of public companies. 37m @ 29.6% Cg, 103m @ 17.9% Cg (from 55m) NIS22006 incl. 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. Livent should benefit from. The graphite projects include Vittangi, Jalkunen, and Raitajarvi. Talga as we all know is one remarkable company, just need to be made more well known to the everyday invester. All three companies are also green at a time that t he world is screaming out for accountability of CO2 footprint through all stages of the suppply chain. 2) Commenting on CEO of Benchmark Intelligence tweet concerning lack of graphite supply. It is 1 million times smaller than the diameter of a single hair, yet it is 200 times stronger than steel and still lightweight and flexible. 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 . The Swedish Transport Administration have responded confirming earlier information requests have been appropriately responded to. The center is a significant expansion of Talgas UK R&D facilities, first launched in 2016. Does anyone have an idea what the correct market cap could be for Talga and the logic and rational for expectation. They are making the situation worse!! Interestingly, the update makes it quite clear that financing discussions focus on the financing of the project, rather than financing Talga. 1) key milestone of Vittangi DFS relaese - refer to previous straws. Graphene was the original reason for me to invest in Talga resources back in 2018. Talga announced trial mining has commenced at Niska South to extract 2500 Tonne of natural graphite samples. For the purpose of valuation, and based on the feasiblity studies, I have estimated their capital requirements to be: Stage 0 - Sustainment capital to 2023: $20 M (share count increase to 330 M), Stage 1 - 30% financing of stage 1: $70 M (share count increase to 390M - assumed share price $1.20), Stage 2: 30% financing of stage 2: $500 M (share count increase to 530M-assumed share price $3.69). A vertical stack of three evenly spaced horizontal lines. Funding and permitting risks are falling away. Market Close Update Presumably, this will inform the mining permit application to verify envirnmental impact can be well managed. 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 UK supply chains that were in the earlier planning phases, likely to suffer the consequences of BREXIT. Additionally, Talga has a naturally competitive advantage in different areas. Talga Resources shares (TLG) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Talga continues to pursue commercial agreements and finance commitments with partners, such as Automotive OEMs (eg VW Group???). e) 20% share dilution to fund business through to 2024. f) Stage 1 completion:2024, Stage 2: 2027, stage 3: 2029. It had the graphite which Teck wasnt aware was there plus we got their copper-cobalt assets; we got the iron ore assets; and we have a vanadium project there also, he says. Feel free to follow me on twitter if you enjoy my articles.All opinions are my personal ones and are not an investment advice. 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. The carbon footprint declaration will become mandatory under the incoming new EU Batteries Regulation.. Talga has announced the the first Li-ion battery anode material has rolled off the production line of it EVA qualification plant in Sweden. 4) Mining permits to be lodged mid-2021. Investing.com has all the historical stock data including the closing price, open, high, low, change and % change. Revenue of $1.2bn at 80% margins, higher than apple and Tesla combined. The world faces a growing demand for critical minerals to meet expanding demand for clean energy and low-carbon technologies to transition to low-carbon energy futures (Bazilian, 2018; Sovacool et al., 2020, Lbre et al., 2020).In particular, electric vehicles (EVs) will play a key role in decarbonizing transportation systems by reducing the use of fossil fuels and increasing . Incorporation Details The extension date is aligned with expected finalisation of execution plans as well as required permitting and approvals. 16 min read. There is a disconnection between EU and Swedish government policy, inhibiting progress. 4) Talga EVA plant is uner construction, with coated anode production scheduled for Q1 2022. In early 2018, Talga tested some of its raw graphite in a battery and it worked. The recent market recognition of our pragmaticapproach in using metallurgical-grade silicon to provide performance at significantly lower potentialcost is a sign that our team had great forethought in the development of this unique product andprocess. It is unclear to me what design studies mean or how significant this is in relation to design completion. This equates to an anode demand of approximately 275 000 Tonnes per annum. Talga Mining Sweden - 100%-owned high-grade graphite deposits - the largest resources in Europe and highest grade JORC-compliant resource in world. By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. In May 2020, Talga submitted applications for an. These ASX graphite, lithium, nickel and cobalt stocks can answer the call, Not you, lithium: The ultimate guide to the. Inflection points to watch: Commercial agreements (10 months), financing JVs to fund the project (10 months), Approvals (6 months). They are building a MOAT that everyone will want to cross. 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. a) Factory production late delayed to 2024. c) Use NPV of DFS and Scoping study, with deduction 20% increase in capital costs. With the assistance of its financial and transaction adviser, Morgan Stanley, the Company is advancingdiscussions with third parties regarding funding for its progressed Vittangi Anode Project. There will also be a share purchase plan on offer raising a further $10m with investors being entitled to apply for up to $30k each. Revenue of $12bn x 10. The purpose was to assess and evaluate. EU's Net Zero Industry Act & Critical Raw Materials Act - Significant address at Davos from 12:30.here. 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