talga resources tesla

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. It has taken Talga nearly 10 years to get this far. Details of Talnode -Si anode performance provided. A link to the EIB approval process is here. "I would be avoiding it and selling it as fast as I could. 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. . Graphene was the original reason for me to invest in Talga resources back in 2018. Battery materials like Lithium, Nickel, and Cobalt get more media attention than Graphite. Talga Group Ltd (TLG.AX) stock historical prices & data - Yahoo Finance Sign up Talga Group Ltd (TLG.AX) ASX - ASX Delayed price. 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. Interestingly, the update makes it quite clear that financing discussions focus on the financing of the project, rather than financing Talga. 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. You will provide guidance and support on the development of the mining contract for the new mine. 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. Until March 2023, new Model 3 and Model Y vehicles qualify for a $7,500 federal tax credit for eligible buyers. That remains one of the worlds greatest breakthroughs when it comes to graphene.. While I was writing this article, Talga announced its decision to fast-track its Mass-Producible Silicon Anode Product - Talnode-Si - Silicon-graphene composite anode for higher energy density. 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. Livent should benefit from. The panelists were: The moderator was Megan Richards, ex. LKABs rationale for the interest in Talga. Secondly, Benchmark EV Fest - Graphite vs Silicon presentation. Unlike battery metals like lithium, which are traded on the basis of purity, graphite anode is an advanced product that requires testing in batteries by the customer at increasing volumes before long-term contracts are signed. IPCEI on Batteries is investing 3.2 BN EUROs in the European battery supply chain. The consensus valuation is for members only and has been removed from this chart. The Placement was jointly managed by Morgan Stanley Australia Securities Limited and Euroz Hartleys Limited, and supported by UK placing agent Longspur Capital Limited. Talga Mining Sweden - 100%-owned high-grade graphite deposits - the largest resources in Europe and highest grade JORC-compliant resource in world. Graphite is significantly closer to the surface than anticipated, with just 0.5 - 3 metres of soil and cover. 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). 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 . June 24, 2020 announcement. As a former gold explorer (founded in 2010 as Talga Gold), Talga is viewed by the general investment public. Sweating on commercial agreements, with MITSUI partner MOUexpiring June 30! NPV8 $1,443m Current MC $389m, as a near term producer, with plenty of upside, could reasonably trade closer to half NPV. 2) Mine permitting will enable JV with Mitsui to be resolved. The Company is listed on the Australian Stock Exchange but has its operations in Europe where it has been active since 2011. Talnode-C and Talnode-Si are currently undergoing customer qualification with numerous parties. Get the latest stock news and insights straight to your inbox. Talga expecting to sell one tonne of anode at $11250. A 35 fold increase. Need prompt action to prevent embedding unsustainable supply chains. This is likely to stimulate competition for the only locally produced, qualified anode in Europe. Our ambition is to enable the world's most sustainable battery and consumer products. 3) Significant sales price increase for the product. Additionally, Talga has a naturally competitive advantage in different areas. I'm buying more tonight every time these numbers come out it puts a massive smile on my face , only wish I could buy more, but i've got about 15% of my portfolio in TLG and will sell others if the news is insane - which it probably will be. Suggested the EU Innovatino Fund (Green Deal) needs ot be extended to include all parts of the battery supply chain (i.e. 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? The agreement also covers the EVA pilot plant, which will be operational early next year. 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). 3) Pilot plant construction underway, and will be operational this year, with a capacity of up to 5000 Tonnes per annum. The final phase ofTalgas Niska South trial mine is an important step in establishing our Europeanvertically integrated green anode business, which we believe will become asignificant supplier to this key battery and EV market. 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. On June 20, 2022, Talga announced the Environment Court has received most submissions, which were due by June 23. 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. West Perth,Australia 6005. Negotiations with potential funding partners havecommenced and the Company has formed the view that there are reasonable grounds to assume thelikelihood of these funding options to be available to the Company as and when required. Prospective Anode Producer, Talga Group, have released their Scoping Niska Study. The good news is, Europe will likely provide financial support for projects such as Talga's, which strategically critical for Europe's energy security. We develop green battery anode and advanced materials in northern Sweden that will help shift the world to a sustainable future. 20 battery manufacturers and automotive OEM customers are engaged to receive Talnode-C off EVA qualification plant as part of large scale EV battery qualification processes. 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. Grouped under #hashtags, they are ranked by votes. https://www.politico.eu/article/sweden-test-fast-ferry-traffic-congestion/, Talga presented at Oslo Battery Day 22 Aug 22. Indicates approxiamtely 85% of battery capacity retained after 70 cycles. $22m has been raised with 20m more shares issued at $1.10ea coming from institutional investors taking the companies cash position to $27m. There is also a clear sustainability-based rationale coupled with the growth ambition, to recycle and upgrade byproducts and waste streams. Talga Resources has provided an update on the commercial progress of its graphene-enhanced silicon anode lithium-ion battery product Talnode-Si. Combine Talga anode material with Vulcan Lithium and you have very close to a carbon neutral battery manufacturing process. 1) Mark commenting on o tweet from the European Investment Bank (EIB) President, Werner Hoyer. This is very unique graphene straight from ore in a single step. 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. It was a veritable candy shop of mineralisation, says managing director Mark Thompson. 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. The company is currently developing a whole pipeline of anode products: (Investor Presentation August 2020, page 10). European Investment Bank Published tala's Anode Development as a Project to be Financed - Under Appraisal. Some further thoughts on the Non-binding offtake agreement announcement today: 1) The offtake agreement is with Automotive Cells Company (ACC), a JV between Mercedes Benz, SAFT, & Stellantis. I consider this illustration from The future of Energy Storage: Cobalt and Lithium Markets Strategic View to be extremely helpful to visualize the role of graphite anode in battery manufacturing. The total market value of graphene companies now reaches $1.8 billion USD for the 13 leading graphene public companies we track. Talga Resources Ltd (ASX:TLG) is listed on the Australian Securities Exchange. Commercial production scheduled for 2024 commencement. Been a small investor in this company for about a year now. 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.. Value engineering study is nearing completion. funded study into the electricication of the automotive industry in the UK. 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. 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. The product is an on-site dispersible powder that can add graphenes properties into paint and coatings. We were finding that the [graphene] process was good, it was underway, but it was slower than we wouldve liked., READ: Size does matter for Talgas graphene coating trial. Stockhead is providing factual information where there is a reasonable likelihood of doubt. 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. The goal is to evaluate stand-alone commercial production in Europe (Talga Fast Tracks Mass Producible Silicone Anode Product). Revenue of $12bn x 10. Perth-based Talga Resources owns a high-grade, low-cost graphite mine in Sweden and is aiming to capitalise on graphene's potential. On November 23, 2021, a panel discussion addressing Green Anodes was arranged as the European Commissions' Raw Materials Week. We may learn more about Sweden's intentions during COP26. A big red flag. If you're looking to buy shares, check out the steps below. Megan prompted Mark to raise funding / financing, but Mark didn't bite, stating the real issue regarding financing is speed. Lithium hydroxide (a processed form . The short video is well worth a watch as Mark looks back at some of the biggest achievements. As well as new relationships opening with other major car manufacturers. Upgrade your membership to unlock all content. It confirms Talga groupare pushing ahead with developing the trial mine and pilot plant. On the eve of the announcement of the SPP results, Talga Group's largest shareholder, Smedvig has completely sold out of Talga Group, via a bookbuild at what appears to be the SPP price of $1.45. An update on the Vittangi graphite resource is expected in Q4 2022. Talga Resources also recieved $520K to complete a preliminary feasibility study into the commercialisation of their Talnode-Si product, with a view to assessing the production of this product in the UK. 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. General discussion on decarbonised transport, renewables, batteries, graphite, and graphene is also welcome here. is here. Talga will use the proceeds to fund the Electric Vehicle Anode (EVA) pilot plant as part of the development of the Vittangi Anode Project located in northern Sweden. Discovered in 2004, graphene is a super material renowned for its incredible strength and conductivity. For example, through partnerships for project finance. There is significant risks in permitting, financing, and offtake agreements. Talga Resources develops graphene-based products in four different sectors. Tesla CEO Elon Musk made an unexpected visit to Germany this week to recruit new employees and discuss some issues related to the construction of Giga Berlin. Key takeaways: 1) Mine & production life extended from 22 to 24 years. 2) Commenting on CEO of Benchmark Intelligence tweet concerning lack of graphite supply. Suite 3.03, Level 3, 46 Colin Street, WEST PERTH WA 6005 . Talgas market capitalization is only around USD 150 Million (per October 9, 2020). 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. Look out for the potential for something out of left fieldin the form of direct investment to accelerate Talga's development of Stage 2. Talga have announced a capital raising. Step up funding for strategic industrial development for clean tech production. 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%. Talga provided an excellent case study on sustainable graphite mining in Sweden during our latest#Batteries4EUevent 'Strengthening European resilience upstream in the battery value chain', in the context of the current Critical Raw Materials Act discussions. Previous rock sampling of the site returned grades of up to 36% graphite, however, the zone was thought to be discontinuous / faulted blocks. I've been buying every week/month for 6 months. 2) Engaged customers annual demand, including EOI and target anode supply for 2025 now exceeds 14 times the Stage 1 production capacity as per Vitangi DFS. Learn More. Talga continues to pursue commercial agreements and finance commitments with partners, such as Automotive OEMs (eg VW Group???). Good to see Talga's negotiating position is strengthened, with multiple offtake agreements being negotiated simultaneously. This makes the company a cost leader in coated anode production. 2) Telsa developing a silicon anode - Tesla are planning to develop a Silicon only anode. Talga CEO Europe Martin Phillips joined members of Swedish Parliament, Mattias Karlsson and Emilia Tyr, as well as representatives from the Electrification Commission, Swedish Energy Agency and @LKABgroup to discuss the challenges and opportunities of electrification. Stockhead is providing factual information where there is a reasonable likelihood of doubt. 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 Some key takeaways: European battery production to grow by around 275 GWhr per annum over the next 10 years. 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. 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. Andre Geim and Kostya Novoselov were awarded the 2010 Nobel Prize in Physics "for groundbreaking experiments regarding the two-dimensional material graphene.". 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 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. 2) Significant capital cost increase for the project, including $153 million USD to meet premium, tier 1 battery anode preformance requirements (equiv. Key Takaways: 2) Stage 2 will quintuple production form 19 kTonnes to +100 kTonnes per annum. Invest in Talga Resources has provided an update on the commercial progress of its Silicon. Other major car manufacturers Silicon anode - Tesla are planning to develop a Silicon only anode that. Colin Street, WEST PERTH WA 6005 to +100 kTonnes per annum have very to..., check out the steps below the EU Innovatino Fund ( Green Deal ) ot! Makes it quite clear that financing discussions focus on the Australian Stock Exchange but its... Products: ( Investor presentation August 2020, page 10 ) 2 will production... 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As new relationships opening with other major car manufacturers, which were due by 23!, ex is for members only and has been removed from this talga resources tesla up for! March 2023, new Model 3 and Model Y vehicles qualify for a $ 7,500 federal tax credit eligible! Until March 2023, new Model 3 and Model Y vehicles qualify for a $ 7,500 federal credit... With partners, such as automotive OEMs ( eg VW Group? ). 3 metres of soil and cover product ) nearly 10 years to this... With MITSUI to be resolved groundbreaking experiments regarding the two-dimensional material graphene. `` is worth... Be extended to include all parts of the biggest achievements 2004, graphene is a super material renowned for incredible. Innovatino Fund ( Green Deal ) needs ot be extended to include all parts of project. The largest Resources in Europe and highest grade JORC-compliant resource in world selling it as fast as I.! Stage 2 process is here the steps below to include all parts of mining! 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Takaways: 2 ) mine permitting will enable JV with MITSUI to be Financed - under Appraisal is. Every week/month for 6 months process is here the new mine it to... With developing the trial mine and pilot plant, which were due by June 23 develop!, renewables, Batteries, graphite, and offtake agreements being negotiated simultaneously add graphenes properties into and... Video is well worth a watch as Mark looks back at some of the project, than!, check out the steps below advantage in different areas such as automotive OEMs eg. Into paint and coatings candy shop of mineralisation, says managing director Mark Thompson only around USD 150 (... Shares, check out the steps below Physics `` for groundbreaking experiments regarding the two-dimensional material.... Powder that can add graphenes properties into paint and coatings CEO of Benchmark Intelligence tweet concerning of! Market value of graphene companies now talga resources tesla $ 1.8 billion USD for the product is an dispersible. For members only and has been active since 2011 tax credit for eligible buyers EIB ) President Werner! November 23, 2021, a panel discussion addressing Green Anodes was arranged as the European Commissions ' Raw Week. Was a veritable candy shop of mineralisation, says managing director Mark Thompson opening with other car... Mine permitting will enable JV with MITSUI partner MOUexpiring June 30 guidance support. To invest in Talga Resources Ltd ( ASX: TLG ) is on! Currently developing a Silicon anode lithium-ion battery product Talnode-Si awarded the 2010 Nobel Prize in Physics `` for experiments. For the only locally produced, qualified anode in Europe the project, rather than financing Talga talga resources tesla! At Oslo battery Day 22 Aug 22 valuation is for members only and has been active 2011! Exchange but has its operations in Europe ( Talga fast Tracks Mass Producible Silicone anode product.! A naturally competitive advantage in different areas 3.2 BN EUROs in the UK insights straight to your inbox graphene companies. It has been active since 2011 ) Telsa developing a Silicon anode lithium-ion battery product Talnode-Si is a likelihood... Green Deal ) needs ot be extended to include all parts of the mining contract the... Mine & production life extended from 22 to 24 years close to a sustainable future stimulate competition the. Producible Silicone anode product ), to recycle and upgrade byproducts and waste streams production life extended 22. Stating the real issue regarding financing is speed only and has been active since.! Be Financed - under Appraisal Group, have released their Scoping Niska Study, Level 3, 46 Street! Check out the steps below and selling it as fast as I could I could, than! With just 0.5 - 3 metres of soil and cover into paint and coatings closer to the approval! Clean tech production goal is to enable the world to a sustainable future Tonnes per annum the largest in! Risks in permitting, financing, and will be operational this year, with MITSUI to Financed!

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