The SGU noted the Vittangi graphite deposits significance to the countrys supply capacity and its special material properties and concluded the deposit constitutes a unique natural asset of valuable substances or materials, Talga said in a media statement. April 21, 2202, Talga Group announced their permit application has progressed to a court hearing. Permitting is underway at their leading Vittangi Project. The panelists were: The moderator was Megan Richards, ex. 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). There is a trade pending processing for this company. Talga continues to pursue commercial agreements and finance commitments with partners, such as Automotive OEMs (eg VW Group???). 4) Regulatory approvals for Stage 1 by March 2022. We talk with fund manager Alphinity, Ground Breakers: Are we in a mining boom? Local supply isnt just strategically important but can be mandated by the financiers and local governments. So one day soon 1 million tonnes @ $12k basket. Also the more upvotes on each post will have more chance of it being seen in the group's we share it with. You will provide guidance and support on the development of the mining contract for the new mine. Mr Phillips is an experienced project manager, commercial manager and company director with over 25 years of global metals and mining sector experience. 7 days. We note that's an . Key highlights: On December 9, 2021, Talga announced further results on resource in-fill and extension drilling. Tesla was created to accelerate the advent of sustainable transport, and this policy is intended to encourage the advancement of a common, rapidly-evolving platform for electric vehicles, thereby benefiting Tesla, other companies making . Talgas mine and anode production facility is located in Sweden, a country with almost half of the electricity production which is covered by hydroelectric power stations. This is also known as Online Behavioural Advertising. 2) Talga plan to epectrify their underground mining operations using ABB Ability eMine. General discussion on decarbonised transport, renewables, batteries, graphite, and graphene is also welcome here. I wrote this article myself, and it expresses my own opinions. Talga has announced the launch of a fully underwritten institutional placement to raise USD$18.8 Million (AUD$25 million) before costs and a non-underwritten Share Purchase Plan to eligible shareholders to raise up to USD$7.5 Million (AUD$10 million). Pic: Tyler Stableford / Stone via Getty Images, December 2, 2019December 2, 2019 | Special Report. 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. Been a small investor in this company for about a year now. Upgrade your membership to unlock all content. Talga attended the parliamentary seminaras part ofefforts to recognise. UK supply chains that were in the earlier planning phases, likely to suffer the consequences of BREXIT. You will be responsible for environmental issues related to Talgas mining operations in Nunasvaara (Vittangi) and planned plant in Lule. Good to see Talga's negotiating position is strengthened, with multiple offtake agreements being negotiated simultaneously. 5) Construction costs have increased - I am allowing for 20% increase in capital cost for factory / mining. It's free. 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. Talga Mining Sweden - 100%-owned high-grade graphite deposits - the largest resources in Europe and highest grade JORC-compliant resource in world. 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. 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 Tesla zaala do. 84m @ 20.2% Cg (from 15m) NIS22005 incl. Werner noting the approval of $11 BN Euros in impactful investments. 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). I am not receiving compensation for it (other than from Seeking Alpha). 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. 3) NPV of Stage 2 development estimated to be between $2.4 -$4.6 BN USD. The remaining 23 holes demonstrated the continuation of the high grade ore, reporting grades of up to 50.3% graphite. Supply MOU signed with FREYR. Talga speeds ahead with commercial anode production in Sweden Special Report: Detailed feasibility studies and work has not only delivered improved yield and recoveries, but Talga has found a simpler way to reach commercial anode production. Talga Group This is very unique graphene straight from ore in a single step. Another positive in this report is that it signifies the completion of exploration expenditure for the time being, reducing cash burn going forward, during this its transition from an anode developer to an anode producer. Project development to proceed directly to commercial phase with Project commissioning in 2022and commercial production in 2023, subject to commercial DFS planned for Q1 2021. Commissioning to be completed by late March, with the project under budget. the report concluded it is technically and commercially feasibly to refine and produce Talga andoes on the UK, and Talga will continue to work with the UK government and other stakeholders in the context of Tagla's expansion plans. 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. Major milestone acheived for the development of Stage 1. Targa Resources Corp. 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. The scale of a potential scoping study would be based on discussions with customers, localstakeholders and project development partners. Talga Resources, SolGold and more. Talga not only mines graphite, but it also develops graphite anodes that are used in battery manufacturing. EVA Pilot plant to be located within the Swerim Metals Research Institute, close to Talga's proposed full-scale anode refinery site. Get the latest stock news and insights straight to your inbox. Our vertical integration, strategic location and innovative processes are key to getting there. We started building our own science and R&D team, responsible for working out how to get our graphene to mix with a customers product.. 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 was then extended and expanded in December 2021 (ASX:TLG 13 December 2021). Talga Resources: 22: Sensient Tech: 25: iShs MSCI Taiw Indx: 7: KBC CLICK CSOB PB.FINANC.LOOKBACK 1: 25: Air Lease CPP Rg-A: 13: Moje portfolio. Interestingly, this coincides with Talga's Stage 1 anode plant program, and capacity. Given the recent MOU signed with FREYR, this extension comes as no surprise, given FREYR, as part of their MOU are exploring the opportunity to co-locate prouction facilities, and possibly licencing Talga's manufacturing IP, which were not on the table previously. Trading- und Aktien-Chat - ffchenNotToGo schreibt: 28.02.2023 22:15 Dow Jones schliet im Minus Anleger begeben sich auf Suche nach Orientierung https:/ Broken down below. These ASX graphite, lithium, nickel and cobalt stocks can answer the call, Not you, lithium: The ultimate guide to the. Preliminary Feasibility Study (PFS) indicates potential pre=tax annual profit of $188m USD, an IRR of 55%, based on planned production capacity of 19 000 Tonnes per annum. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information. Please disable your ad-blocker and refresh. 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. British manufacturers and those in other parts of Europe want to move more of the supply chain for batteries used in electric cars and renewable energy away from China and closer to their plants, a survey showed on Tuesday -. An anode supply deal signed with ACC. The Mercedes relationship strengthens. Feel free to follow me on twitter if you enjoy my articles.All opinions are my personal ones and are not an investment advice. Interestingly, this is after a capital raise, not beforehand, which is often the case with MDs. June 19, 2020 - Tolga Resources Vittangi Graphite Project is designated a mineral deposit of national interest. This has huge implications fo rthe anode supply chain in Europe - Link here. A second application on a separate vessel followed soon after, and both trials remain ongoing. The graphite mined over the next few months will supply the EVA pilot plant currently under construction. 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. We needed to develop our own technology around how to make the stuff mix into other peoples products. Additionally, Talga has a naturally competitive advantage in different areas. The mine is likely to be expanded greatly with the Niska Expansion Project. The plant near Heilbronn manufactures high-voltage systems for electric vehicles and plug-in hybrids. 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. Simultaneously, it became apparent to Talga that electrification of transport would become a global long-term growth story. Construction costs will also escalate by 8-15% due to the delay.Annoying. 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. Talga Resources Ltd. Information Last Buy Sell Intraday 1 Week 1 Month 1 Year 5 Years Talga Resources Ltd. 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. Anna-Michelle Asimakopoulou's key points: My takeaway is, Talga's challenges centre around authority approvals, hence why the intense lobbying underway, and financing does not appear to be that much of a concern - Perhaps a big announcement will be forthcoming over the next few days. There is also a clear sustainability-based rationale coupled with the growth ambition, to recycle and upgrade byproducts and waste streams. And that is a great approach in todays climate sensitive environment. 3) JV agreement and project financing by November. Tesla is accelerating the world's transition to sustainable energy with electric cars, solar and integrated renewable energy solutions for homes and businesses. Weekend Update, By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. An EIB appraisal procedure can take anywhere between six weeks and 18 months depending on the project scope, the degree of complexity of the operation, and the efficiency of the appraisal process on the part of both the EIB itself and the project promoter. Talga expecting to sell one tonne of anode at $11250. I however also know that the TAM is so large that there is ample room for many players. The market didn't like the delay, but it was inevitable. Talga Resources Ltd (ASX:TLG) is building a European source of battery anode and graphene additives, to offer graphitic products critical to its customers' innovation and the shift towards a more sustainable world. Than from Seeking Alpha ) Alphinity, Ground Breakers: are we in a single.. Noting the approval of $ 11 BN Euros in impactful investments the growth ambition, to and. 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