talga resources tesla
Graphite is significantly closer to the surface than anticipated, with just 0.5 - 3 metres of soil and cover. 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. What a HUGE saving in CO2-eq alone! 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. The project is currently in the permit stage where Talga is expected to be able to start establishment shortly.". It is unclear to me what design studies mean or how significant this is in relation to design completion. Talga is developing a graphite mine in Sweden, with a trial 25,000-tonne mine already approved. Contact Details. Elon Musk might be dumping Tesla stock, but one prominent investor just bought in ; Also the more upvotes on each post will have more chance of it being seen in the group's we share it with. 2) Significant capital cost increase for the project, including $153 million USD to meet premium, tier 1 battery anode preformance requirements (equiv. Maybe even hundreds! 5) Estimated Project NPV of $1 054 000 USD, based on a discount rate of 8%. 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. This is required for the final customer validation phase for anode materials. There are many ways the projects may be financed. READ: Why graphene is called a wonder material and which stocks are dabbling in it. Next article. I found the following slide to be quite revealing. These ASX graphite, lithium, nickel and cobalt stocks can answer the call, Not you, lithium: The ultimate guide to the. 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. ". If you have an ad-blocker enabled you may be blocked from proceeding. Talga is a battery anode and advanced materials company accelerating the global transition towards sustainable growth. 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. This infrastructure will enable Talga to accelerate Stage 2, the progress of which will be dependatn on mining permits / approvals. Hundreds of billions of euros is being set aside. It is important to note that not all this value is directly related to graphene - some of the companies have other activities, mainly graphite mining and supply. Mitsui, at their discretion, will have the non-exclusive right to negotiate and enter into relevant binding agreements prior to the MoU expiry date on 31 March 2023. Large scale samples are being committed at prices above DFS price projections (+$12k USD per Tonne). Until March 2023, new Model 3 and Model Y vehicles qualify for a $7,500 federal tax credit for eligible buyers. The Company is focused on graphite exploration, research and development. 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. 6) EVA plant completed and ramping up to full production, with a number of customers in 'advanced' stages of qualifications. The graphene industry seems to be flourishing, at least when looking at the valuations of public companies. Drilling results. The graphite mined over the next few months will supply the EVA pilot plant currently under construction. The company initially developed the graphene coating as an alternative to traditional coating methods that incorporate harmful chemicals and materials and first applied Talcoat to the hull of a ship back in late 2019 as part of a sea trial to test the coatings robustness out in the tough ocean environment. Revenue of $1.2bn at 80% margins, higher than apple and Tesla combined. Scoping studies underway to expand Anode production (Niska Scoping Study) well above 19000 tonnes per annum. Presumably, they bring a great deal of mining development IP to the table, and local knowledge. Key Takaways: 2) Stage 2 will quintuple production form 19 kTonnes to +100 kTonnes per annum. You can extrapolate to your own numbers. 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. Development will include battery materials lab, and battery cell making facilities for cycle testing. Key takeaways: 1) Seeking to fund project with 60% debt. 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. Talga Resources announced this week they have been awarded a $1.8 M grant to complete a feasibility study to into the development of an anode refinery in the UK for their Talnode-C product. For investors, getting access to the right information is critical. 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. 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. Stockhead is providing factual information where there is a reasonable likelihood of doubt. And the following statement from MINVIRO on LinkedIn, We are excited to announce our recent project withNeometals Ltd, using life cycle assessment#LCAto quantify the environmental impact of their vanadium recovery project "VRP1" in Pori, Finland, Talga Managing Director, Mark Thompson, commented: Currently, there is more than 960GWh2 of Li-ion battery capacity using graphite anode technology planned in Europe. Refer to article here. This makes Vittangi a strategicallyimportant resource for global battery manufacturing and decarbonisation efforts.. "Strengthening European resilience upstream in the battery value chain" - wound forward to Talga presentation. Get Talga Resources Ltd historical price data for TLG stock. 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. 4) The LOI only covers the 1st stage of the development, Vittangi. a) Factory production late delayed to 2024. c) Use NPV of DFS and Scoping study, with deduction 20% increase in capital costs. We are excited to announce our recent project with, to quantify the environmental impact of their vanadium recovery project "VRP1" in Pori, Finland, IPCEI (Important Project of Common European Interest), proactive role in developing the battery supply chain. This equates to an anode demand of approximately 275 000 Tonnes per annum. 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. 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. Ideally even joint venture for the mining operation, maybe US listing. Step up funding for strategic industrial development for clean tech production. The Vittangi project certainly fits within NIB's core purpose of supporting the regions productivity and environment. I am based in Europe which is why I often write about foreign companies. First Graphene - Erster Kommerzieller Produzent | Aktienforum | Aktien Forum | Diskussionsboard | Community von finanzen.net 35 talking about this. This will enable customers to qualify Talga's anode for future production, leading the way to offtake agreements. However, the shares can still be acquired in the US OTC. 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. Featured News joined members of Swedish Parliament, Mattias Karlsson and Emilia Tyr, as well as representatives from the Electrification Commission, Swedish Energy Agency and. Mr Thompson has over 30 years global experience in the mineral industry including resource project development, technology and management. Interestingly, the update makes it quite clear that financing discussions focus on the financing of the project, rather than financing Talga. 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.. 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. 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. 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. Pretty good, and opens up new markets, such as aircraft, which require high power densities. Talga). Incorporation Details 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. Although the reported three month delay in the DFS seems like a worryingly long delay. This is also known as Online Behavioural Advertising. Talga Resources share price has taken off today,because of this. 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. Straws are discrete research notes that relate to a particular aspect of the company. Here is the tweet. 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). This is inline with the possibility that Mitsui / ABB will commit capital to the project for 30-40% ownership, with the remainder of finance via debt / loans. The MoU, now extended until 31 March 2023, builds on discussions to date under an agreement first signed by the parties in 2020 (ASX:TLG 20 March 2020). It is intendedthese discussions be extended to include Talgas Niska Project. Low energy costs in combination with a high amount of graphite in the ore give Talga an advantage in ore processing and anode production. Lithium hydroxide (a processed form . As of the last closing price of AU$1.76, shares in Talga were trading +27.72% higher than their 200 day moving average. 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. It appears Verkor is looking to secure a significant chunk of Talga's anode production capacity. 4) The off-take agreement is for 60% of Talga's maximum Stage 1 output. Investing.com has all the historical stock data including the closing price, open, high, low, change and % change. Talgas market capitalization is only around USD 150 Million (per October 9, 2020). The is a gross margin in excess of 80%! Talga is also engaged in advanced discussions and due diligence processes with other parties under NDA regarding project financing and partnerships. 4) Commercial / financing negotiations are underway with partners and customers, but no timeline other than finalising critical contracts this year. Talga is a licensed Saudi Non-Profit Organization (NPO) officially registered in the Ministry of Human Resources & Social Development as (The Sustainable Development Association "Talga") with a license number (1033) dated (1/2/1439H). The market didn't like the delay, but it was inevitable. You can find out more about our policy and your choices, including how to op-outhere. Talga began a global search for high-quality graphite assets, eventually finding the Vittangi project in Sweden owned by Teck Resources, one of the world's top 10 largest mining companies at the time. to high quality synthetic anode), and $72 Million USD provision for infrastructure to serve Stage 2 expansion. Responsibilities will include optimizing mine designs and liaising with engineering and mining personnel to ensure the mine plans are executed efficiently and safely. 4) Project program slips to 2024, a 6 to 12 month delay form previous guidance. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 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. Megan prompted Mark to raise funding / financing, but Mark didn't bite, stating the real issue regarding financing is speed. West Perth WA 6005 quality control labs) and Germany (processing technology scale-up and graphene production). e) 20% share dilution to fund business through to 2024. f) Stage 1 completion:2024, Stage 2: 2027, stage 3: 2029. Additionally, the trial qualification programs that have been underway for a long time might result in contract wins for Talga that might be announced shortly. Talga Group has announced the completion of an institutional placement of A$40 million (around USD$27,316,000) from the issue of 25.8 million new fully paid ordinary Talga shares. And they want to move fast . The reason given for the raise is to fund expansion and advancement of the Vittangi Anode Project development, next generation anode R&D and commercialisation, and general working capital. It has taken Talga nearly 10 years to get this far. 16 min read. The Swedish Transport Administration have responded confirming earlier information requests have been appropriately responded to. Talga Sverige | Kiruna (Graphene Week 2018 Company Presentation, Page 8). Talga Resources a vertically integrated technology company is currently valued as a penny stock miner. Additionally, Talga has a naturally competitive advantage in different areas. Fast track permitting processes for industry projects, with a view to strengthening raw material supply chain. 3) Exploration of advanced commercial partnersunderway. Talga has got approval to trial mine 25,000 tonnes in Sweden, and is applying for approval to mine 100k tonnes per year of material which will produce around 19k tonnes of finished coated anode product. Talga referenced a site visit from a recent European Finance Institution. Press J to jump to the feed. Get the latest stock news and insights straight to your inbox. Thompson's Talga Resources plans to convert high-grade graphite from Sweden into a material called graphene, which is stronger than steel, conducts electricity better than copper and is so light and flexible that companies like Samsung Electronics Co are using it to develop new devices. 4) Mine permitting will enable European Development Banks to approve/progress funding of project. While it still sounds like a distant future, there is a company whose technologies are addressing both issues today. NIB will explore the possibility of providing financing to Talga's Vittangi Project. The results are the first under Talga's UK Government funded "Safevolt" projecta Talga-led program run in conjunction with consortia partners, Johnson Matthey, the University of Cambridge and . Panel introduction highlighted the International Energy Agency identified graphite as a critical raw material, and that Sweden has signed up to the energy transition agreement as part of COP 26, and part of this agreement is the need to secure raw materials that are sustainable. Talga Looks to Expand Battery Anode Capacity, Sila Nanos battery tech is now worth over $1 billion, Outstanding PFS results support Vittangi graphite development, The future of Energy Storage: Cobalt and Lithium Markets Strategic View, Talga Fast Tracks Mass Producible Silicone Anode Product. Using China Synthetic in an EV ACTUALLY does more harm to the environment than driving an ICE vehiclethats not green! On November 24, Talga released a progress update on the construction of the EVA Pilot plant, reporting the plant remains on track for commissioning in Q1 2022. The DFS, financing, and JV news yet to come. We need to share the posts on this group with other stock groups. The extension date is aligned with expected finalisation of execution plans as well as required permitting and approvals. 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%. 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. 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? A link to the EIB approval process is here. Going forward, Mitsui and Talga will continue negotiations regarding the development of the project. Key takeaways: 1) Talga and FREYR to work towards commecail supply of Talnode range of anode materials. Advanced materials company, Talga Resources Ltd ("Talga") (ASX: TLG), is pleased to announce an updated mineral resource of its Nunasvaara graphite deposit, as part of the Vittangi project ("Vittangi") in Sweden. For those that missed The Call recently, Guarav and Henry Jennings provided bear cases for Talga - with Guarav in particular tearing it apart. The Company is now finalising the environmental permit for the Lule anode refinery site. 5) Construction costs have increased - I am allowing for 20% increase in capital cost for factory / mining. Talga Group reported today that the final phase of their 25000 Tonne trial mine will commence over the next few days. Mr Stinson has over 35 years Executive and non-Executive Director experience, working for global innovation companies across a range of industry segments, along with a proven track record in leading international collaborations and joint ventures working with Yamaha, Honda, Chrysler and others. Does anyone have an idea what the correct market cap could be for Talga and the logic and rational for expectation. The Tesla business model operates as a Direct-to-Consumer (D2C) business model as it sells directly, cutting out middlemen such as dealerships and offering its own charging station network. The outcomes will be in addition to the currentNunasvaara South PFS production plan of 19,000 tpa. Talgo will also have the lowest meissions per tonne of anode, with less than 5% of the CO2 emissions per Tonnecompared to Chinese competitors. Talga has an edge due to its Graphene projects, that helps their Tanode-Si battery come into existence and the world doesnt yet appreciate how wonderful a substance Graphene is. 2) Mark Thompson flagged an increase / expansion in production is forthcoming in updated feasibility / scoping studies, due to increasing customer demand. Lunch Update The study will be completed by the end of March 2021. 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Labs ) and Germany ( processing technology scale-up and graphene production ) technology company is finalising... This doesnt happen in the mineral industry including resource project development, Vittangi, technology management! Maybe US listing parties under NDA regarding project financing and partnerships this year, maybe US listing of... As well as required permitting and approvals in 'advanced ' stages of qualifications ) well above 19000 per. 5 ) Estimated project NPV of $ 1 054 000 USD, based on discount... Worryingly long delay USD, based on a discount rate of 8 % this is in relation design. Trial 25,000-tonne mine already approved cycle testing not green ( Niska scoping Study ) well 19000... Out more about our policy and your choices, including how to op-outhere power densities a reasonable likelihood doubt. 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