Fast track permitting processes for industry projects, with a view to strengthening raw material supply chain. These [companies] will be price takers, whereas we are set to define the products we want to sell. 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 . Details of Talnode -Si anode performance provided. . 37m @ 29.6% Cg, 103m @ 17.9% Cg (from 55m) NIS22006 incl. DISC - I hold, but will be capping my holding at 5% max. Andre Geim and Kostya Novoselov were awarded the 2010 Nobel Prize in Physics "for groundbreaking experiments regarding the two-dimensional material graphene.". graphene products for additives to coatings, graphene stocks have risen nicely towards the end of 2020, first applied Talcoat to the hull of a ship back in late 2019 as part of a sea trial, A second application on a separate vessel followed soon after, University of Arkansas team aims to commercialize its revolutionary graphene-based VEH technology, Artistic design of a graphene-enhanced super-jet, Skeleton Technologies announces new supercapacitor plant near Leipzig, Zhejiang Xenfang develops graphene-enhanced socks with >90% antibacterial effect, Graphene and gold join to promote ultrasensitive biosensors for disease detection, The Graphene Flagship's chief, Prof. Jari Kinaret, shares his views on the latest graphene development and the post-Flagship future, Graphene oxide gives a boost to new intranasal flu vaccine, Newly launched graphene-enhanced sanitary napkins enjoy great success in the US. That's a subsidiary of Japanese global trading and investment giant, Mitsui & Co., Ltd. Copyright 2023 Strawman Pty Ltd. All rights reserved. 4) Project program slips to 2024, a 6 to 12 month delay form previous guidance. You can find out more about our policy and your choices, including how to op-outhere. PFS indicates Talga will be the lowcost producer of anode material - with lower costs than the majority of Chinese competitors. 10x revenue for a fast growth business is not unreasonable. There are endeavours to incorporate the material into sensors, aircraft, green tech solutions, industrial robotics, sporting equipment, paint the list goes on. This integrated graphite anode project in Sweden has the potential to make serious money over its initial 22-year life, according to a May pre-feasibility study. Talga Group will burn $10-20 m in capital due to this delay. I've been buying every week/month for 6 months. Numerous near-term catalysts can catapult Talga into a different league, which is likely to positively affect its valuation and create a positive feedback loop for the stock price going forward: Disclosure: I am/we are long TLGRF. 5) Estimated Project NPV of $1 054 000 USD, based on a discount rate of 8%. We talk with fund manager Alphinity, Ground Breakers: Are we in a mining boom? So, how does one value Talga? 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 new target at our Aitik East copper project is another positive development. 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. $22m has been raised with 20m more shares issued at $1.10ea coming from institutional investors taking the companies cash position to $27m. There may be adverse submissions, but it appears the key stakeholders are on board with the project. 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. And they want to move fast . Advertisement Advertisement New questions in Araling Panlipunan. "Supporting the development of Talga's Vittangi Anode Project provides us with an additional opportunity to showcase ABB's leadership in industrial automation and smart electrification, applied towards construction of key operations for the emerging European battery supply chain," said Bjrn Jonsson, Division Manager North Europe, Process 1.Introduction. Targa Resources Corp. Until March 2023, new Model 3 and Model Y vehicles qualify for a $7,500 federal tax credit for eligible buyers. Talga Group have announced they have signed a non-binding Letter of Intent with Verkor to supply Talnode-C anode to support Verkor's 16 GWh/annum gigafactory in Dunkirk, France in 2024. 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. But the UK has indicated it wants 200k tonnes, and TLG is already looking at further expansion. Talga announced trial mining has commenced at Niska South to extract 2500 Tonne of natural graphite samples. He explained that he wanted to avoid a stronger dilution and is aiming to finance the mine and other projects in a non-dilutive way, which he was very confident about. Talga Group today reported today their EVA plant is now operational, and has commenced production of their Talnode-C for 20+ customers as part of the anode qualification and procurement process. 6)Exploitation (mining) and environmental permits were submitted to relevant authorities in May 2020. Graphite has a huge role to play in the renewables future but why hasnt the market realised it yet? Development will include battery materials lab, and battery cell making facilities for cycle testing. ", "We are now looking for a Project Director who will be strategically responsible for ensuring the establishment, both regarding the property itself and the industrial equipment. Talga Resources Ltd. Information Last Buy Sell Intraday 1 Week 1 Month 1 Year 5 Years Talga Resources Ltd. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. It will take Talga's pro forma cash position (before costs) at 30 September 2022 to A$27 million (around USD $17,255,000). 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. Talga have announced a capital raising. It was a veritable candy shop of mineralisation, says managing director Mark Thompson. Also the more upvotes on each post will have more chance of it being seen in the group's we share it with. Email Lists 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 as Australia. 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. Upgrade your membership to unlock all content. Talga Resources a vertically integrated technology company is currently valued as a penny stock miner. Anode producer, Talga Resources, presented at the CSIRO Electromechanical Energy Storage Series. Talga Resources (TLG) is engaging with major lithium-ion battery manufacturers for battery anode products from the Vittangi Anode Project in Sweden Talga has received such a significant interest in its Talnode-C product that the requested supply triples its planned production capacity Stockhead is providing factual information where there is a This is how Talga achieves both extremely low production costs and C02 emissions. 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. So, it did a bigger test and discovered that anode material made from Vittangi graphite made really high-performance lithium-ion batteries. The graphite projects include Vittangi, Jalkunen, and Raitajarvi. This infrastructure will enable Talga to accelerate Stage 2, the progress of which will be dependatn on mining permits / approvals. | February 25, 2023 Large scale geophysical survey identifies 600 m long conductor adjacent to planned concentrator site. Talga Resources Ltd is a multi-national company focused on graphite mining and graphene supply and application development. Based on $100 M depreciation costs for plant, and the capital dilution, I'll need to revise my overly exuberant valuation. 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. NIB will explore the possibility of providing financing to Talga's Vittangi Project. The scoping study for the project is underway and its results will be published in November 2020. The next 5 weeks, there will be significant milestones as follows: 1) Mine permitting court hearing will end by February 24, 2013. This coincides with the completion of the mining permitting process. Its that IP investment that is a barrier to entry for other companies. Interesting Tweet. 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. EVA Pilot plant to be located within the Swerim Metals Research Institute, close to Talga's proposed full-scale anode refinery site. Could the EV industry pay up for exploration as critical metal demand grows? Anode supply chains are currently dirty, not sustainable, and inconsistent with European climate goals. Lunch Update Back of envelope price target It was also announced that Talga's partner, ABB have received a letter of support form Swiss Export Risk Insurance (SERV) for ABB's delivery for the project. Revenue of $1.2bn at 80% margins, higher than apple and Tesla combined. Get the latest Stockhead news delivered free to yourinbox. 3) Pilot plant construction underway, and will be operational this year, with a capacity of up to 5000 Tonnes per annum. General discussion on decarbonised transport, renewables, batteries, graphite, and graphene is also welcome here. This is a result of the high sample demand for this product from its customers: To address the increased commercial sample demand Talga has shifted its Talnode-Si sample production onto industrial scalable process and production equipment, boosting the Companys Talnode-Si sample production capacity 10x. Be dependatn on mining permits / approvals projects include Vittangi, Jalkunen, and inconsistent with European climate goals,. Cg ( from 55m ) NIS22006 incl and discovered that anode material - lower! Integrated technology company is currently valued as a penny stock miner trial mining has commenced at Niska to... 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