Australian (ASX) Stock Market Forum

TLG - Talga Group

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Been a bit of jump in past couple of days. Announcement this morning about the progress of their pilot plant producing graphite anode material.
Very engineering dense release. Hopefully the take home message is that they are moving smartly to a commercial product that will result in some decent sales

•Successful scale-up of Talga’s active anode supply for Li-ion batteries (Talnode®) in pilot processing of 60 tonne graphite ore sample from Talga’s north Sweden Vittangi project
•Milling and concentration program completed at toll mineral processor in Scandinavia achieves desired product targets using equipment up to 20x larger than that used in PFS work program
•Concentrate now progressing to next stage refining into Talga’s flagship anode product (Talnode®-C) for on-going development and larger customer qualification programs

https://research.onlineinvesting.we...1MTAtMTA3SEhWMThMMUQ1UjE5U0FLNTlNMlM5RlUifQ==
 
Lots of steps not really understood or explained beforehand. But I guess all suppliers have same technical QC issues
Graphite anode is an advanced non-metal product that requires extensive physical validation by cell or battery manufacturers at increasing volumes prior to commercialisation. This is unlike most battery metals (such as lithium, copper or cobalt) that can be sold on a purity basis with little testing.
Click to expand...
 
- non-binding MoU with Mitsui
- potential strategic stake in TLG.
- looking at supplying anode materials for Mitsui customers

Up from 20c, hit 30, retreated a bit
 
It must be hard running when an operation that needs cash, a left-field event like Covid-19 drops in, unwelcome and uninvite. TLG has operations in 4 countries; working from home / remotely only goes so far. And when the research lab shutters up (Cambridge UK), it's difficult to replace.

Pleasingly, executives, board and senior management has accepted 20-50% salary reductions. Going to the market in current conditions isn't an option.
 
Talga has teamed up with Bentley to develop and provide graphene materials for the high performance electric motor windings to deliver an aluminium-based solution aimed at outperforming, and ultimately replacing, the copper windings currently used.

The OCTOPUS project aims to deliver the ultimate single unit e-axle solution designed specifically to meet Bentley Motors performance specifications via optimised motor and power electronics technology and materials. The project is funded under the Office for Low Emission Vehicles and Innovate UK’s “IDP15: The Road to Zero Emission Vehicles” competition.

The improved motor windings form part of the project’s aim of developing next generation lightweight high performance component systems
 
Talga is definitely a good story. Management seems intent of making the project work vs just enriching themself.
High quality product. Excellent collaborative partners.
 
basilio said:
Talga is definitely a good story. Management seems intent of making the project work vs just enriching themself.
High quality product. Excellent collaborative partners.
Click to expand...
Agree with that. Mark Thompson keeps plugging away. (So glad Warwick Grigor packed up and went)

But oh, the timelines. and the need for cash in the meantime. Sometimes I think "Lightweight and high performance automotive component ... advancement could pave the way for opportunities to replace copper wire in many large-scale applications globally.” And then, reality sets in.
 
SP has now jumped four days in succession . There was an announcement last week which seems to have sparked the interest

Australian battery anode provider Talga Resources Ltd (“Talga” or “the Company”)(ASX:TLG) is pleased to advise the Company has entered an agreement with Farasis Energy Europe GmbH (“Farasis”), a subsidiary of Farasis Energy Inc, one of the world’s leading manufacturers of lithium-ion batteries.
 
basilio said:
SP has now jumped four days in succession . There was an announcement last week which seems to have sparked the interest

Australian battery anode provider Talga Resources Ltd (“Talga” or “the Company”)(ASX:TLG) is pleased to advise the Company has entered an agreement with Farasis Energy Europe GmbH (“Farasis”), a subsidiary of Farasis Energy Inc, one of the world’s leading manufacturers of lithium-ion batteries.
Click to expand...
the Ann. goes on to say Talga will supply coated ('active') anode products for evaluation in Farasis batteries and assessment of potential business development opportunities, primarily in Europe.

Evaluation! potential! Long way from contracts, steady sales, earnings, profits, dividends.....
 
Dona Ferentes said:
the Ann. goes on to say Talga will supply coated ('active') anode products for evaluation in Farasis batteries and assessment of potential business development opportunities, primarily in Europe.

Evaluation! potential! Long way from contracts, steady sales, earnings, profits, dividends.....
Click to expand...

So true... Still I am wondering why there has been some decent buying support for a few days. This release doesn't seem sufficient to warrant the action.
 
still going

3 month, with Market Sensitive Anns.
upload_2020-6-2_10-25-37.png
 
- nice announcement from TLG:
• Expressions of interest received for Talga’s lithium-ion battery anode products exceed 300% of planned annual capacity of the Vittangi Anode Project
• Talnode® products now in 36 active commercial engagements covering majority of planned European Li-ion battery manufacturers and 6 major global automotive OEMs
• Talga expanding scale of Niska Scoping Study as a result of this significant interest
Click to expand...
"Talga is entering the European market at a time when 100% of anode supply is still sourced from Asia. The Company’s marketing team reports that, post COVID-19, localisation is becoming an increasingly significant factor influencing customers' purchasing decisions."

(hold; free carried)
 
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nice way to finish the day
upload_2020-6-24_16-20-16.png
 

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That is seriously good news..:)It would be interesting to see what the margins will be be on the planned anode sales and when they believe production will commence.
Market certainly liked the news - with good reason.

I think there is much upside on this stock. It is still well below earlier highs and yet commercial progress is much closer and demand appears exceptionally strong. The fact that potential customers are looking for local supply vs OS is another big deal.

Interesting to note there was no pre announcement SP jumps. Excellent governance
Hold.
 
Friday announcement pulled together the huge commercial interest in Talgas graphite anodes.
Seems as if indicated demand will justify expanding their graphite mine even at this stage.

Market liked the news as well.

There is also an upcoming webinar on Monday 29th
)(ASX:TLG) is pleased to feature in a live video webinar to be hosted by Benchmark Mineral Intelligence on Monday 29 June 2020 at 8.00am GMT+1 (3.00pm Australian Western Standard Time / 5:00pm Australian Eastern Standard Time). The webinar, titled Graphite Anodes: Building a 21st Century Supply chain in Europe, will be a deep-dive into the scale, speed and quality control needed to build a graphite anode supply chain to meet the demands of Europe's battery megafactories. Participating in the discussion alongside Talga’s Managing Director, Mark Thompson, is Adam Panayi, Head of Consultancy, Benchmark and Caspar Rawles, Head of Price Assessments, Benchmark.
https://research.onlineinvesting.we...2MTItNlUzSzJLSjhWT0oyRlNRNjFHMjFRSzBJSUcifQ==

https://research.onlineinvesting.we...0NzgtM1VJMUNDVUVVVDVFUzFGTDM0NFQ3UDk2M08ifQ==
 
This is coming together at a fair clip:
Improvements in Project performance identified in the latest feasibility work include:
• Project development to proceed directly to commercial phase with Project commissioning in 2022 and commercial production in 2023, subject to commercial DFS planned for Q1 2021
• 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 graphite concentrate without use of industry standard hydrofluoric acid
• Ability to produce Talphene graphene products for battery and polymer composite applications from anode refinery stream
• Positive feedback on Talnode-C from major battery manufacturers including high capacity and fastcharge 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

The fast track pathway simplifies Project development and enables the Company to progress directly to commercial anode production of 19,000 tonnes per annum with commencement of construction in 2022 and production in 2023.

Market liked the news; up 10% at open but slipping. With green credentials (EV batteries, and hydropower energy, in a good neighbourhood) and a viable pathway, it is easier for ESG mandated funds to come on board.

(Hold)
 
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