Do your own DD. 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 . The full-scale production is planned for 2023. However, since its discovery, most of the unique graphene characteristics remain in the lab. Talga is a low CO2 anode and graphene company accelerating the global transition towards sustainable growth. What are the biggest challenges of flying personal transportation? 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. As well as new relationships opening with other major car manufacturers. Patent Pledge. The UK government has recently announced a series of economic stimulus packages, including a 1 billion Automotive Transformation Fund (ATF), towards boosting the domestic electric vehicle and lithium-ion battery economy in collaboration between the Advanced Propulsion Centre, the Department for Business Energy and Industrial Strategy, Innovate UK and the Department for International Trade. 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. Talga needs faster permitting / approvals, and decisionmakers to take responsibility. 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 due to the increasing supply / demand imbalance, an the increase in quality of the anode material (refer point 2 above). Has a world class product that's a necessity within the EV industry, however Graphine gives it another string to its bow. 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. How disgusting is it that China Synthetic creates nearly 35 tonnes of CO2-eq per 1 tonne of coated anode. This makes Vittangi a strategicallyimportant resource for global battery manufacturing and decarbonisation efforts.. 84m @ 20.2% Cg (from 15m) NIS22005 incl. Talga Group are recruiting for a senior project manager to: "Talga has been established in Lule for a number of years, today there is an innovation and pilot plant where lab tests are carried out while waiting for the establishment of the factory which is planned to be ready by 2025. Talga still owns those legacy projects, but graphite was always the focus. As part of it its plan to become a vertically integrated miner, processer and supplier, Talga holds a 100% interest in graphite and graphene processing facility in Germany, based on its proprietary . Talga Group will burn $10-20 m in capital due to this delay. June 24, 2020 announcement. The factory will be unique in its kind and will be able to deliver 19,500 tons of finished anode material annually, enabling the production of 400,000 electric cars. Content is delayed by one month. As of the last closing price of AU$1.76, shares in Talga were trading +27.72% higher than their 200 day moving average. Get the latest Stockhead news delivered free to yourinbox. Talga continues to positively engage with authorities as permits progress through the approvalsprocess, and is not aware of any impediment to the exploitation permit applications being granted. Talgo will also have the lowest meissions per tonne of anode, with less than 5% of the CO2 emissions per Tonnecompared to Chinese competitors. Grouped under #hashtags, they are ranked by votes. The DFS, financing, and JV news yet to come. Drilling results. 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. Battery anode producer, Talga resources Ltd, have announced they have increased Talnode-Si production capacity 10-fold due to strong demand and psitive feedback from customers. Our customers are the OEMs and brand names of the world., >> Now watch: 90 Seconds With Mark Thompson, Talga Resources. Talga Resources Ltd. Information Last Buy Sell Intraday 1 Week 1 Month 1 Year 5 Years Talga Resources Ltd. About Verkor - Verkor has significant backing, including Renault Group. Supply MOU signed with FREYR. 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. The Placement was jointly managed by Morgan Stanley Australia Securities Limited and Euroz Hartleys Limited, and supported by UK placing agent Longspur Capital Limited. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. LKABs rationale for the interest in Talga. Werner noting the approval of $11 BN Euros in impactful investments. The graphite mined over the next few months will supply the EVA pilot plant currently under construction. Terms of a proposed JV are yet to be agreed, hence the time extension. Especially when considering Vulcan is actually carbon negative! The product is an on-site dispersible powder that can add graphenes properties into paint and coatings. 3) Electric Vehicle Anode qualification plant construction underway to allow final phase of customer testing / acceptance process. This vertical integration with 100% ownership of mineral supply, processing and product is designed to provide security of supply for customers and create long-lasting value for our stakeholders. Importantly, it will cost Talga just $27m in capex to fire up stage one production. Get the latest Stockhead news delivered free to your inbox. 22m @ 25.7% Cg, 29m @ 29.1% Cg (from 58m) NIS22026 incl. $22m has been raised with 20m more shares issued at $1.10ea coming from institutional investors taking the companies cash position to $27m. Market Close Update I particularly dont like the Graphite component of LI-ion batteries, its what helps them explode, and IMHO, the sooner we get Graphite out of the equation the better. Tesla is accelerating the world's transition to sustainable energy with electric cars, solar and integrated renewable energy solutions for homes and businesses. 3) Exploration of advanced commercial partnersunderway. 4) $786 m project, with financing to be raised upon receipt of mining approvals. These ASX graphite, lithium, nickel and cobalt stocks can answer the call, Not you, lithium: The ultimate guide to the. Talga Resources develops graphene-based products in four different sectors. . Talga Group reported the completion fo the two feasiblity studies into the feasiblity of a Talga anode refinery in the UK as part of UK Govt. Copyright 2023 Strawman Pty Ltd. All rights reserved. trial mine includes extensive environmental monitoring systems, and sockpiling of topsoil for rehabilitation of the 100 x 100 m trial mine site at the end of the 2021 campaign. 10x revenue for a fast growth business is not unreasonable. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. They want to make anode battery material in Europe, with greenly extracted graphite. . 3) Permits anticipated in Q1 2023, with Stage 1 production to commence 2024. The [Tata] scientists we worked with were so impressed with what we were doing they left and joined us. Lunch Update Heads up. Talga has successfully commissioned and is now operating its Electric Vehicle Anode (EVA) qualification plant in northern Sweden to supply coated anode for battery customer qualification The EVA plant uses graphite concentrate from the Company's wholly-owned Vittangi Graphite Project to produce Talga's flagship Li-ion battery anode product . It is 1 million times smaller than the diameter of a single hair, yet it is 200 times stronger than steel and still lightweight and flexible. He holds regular webinars where he answers investor questions. So, how does one value Talga? The most significant issue/risk facing Talga Group is resolving itscapital requirements. Only registered members can use this feature. Check out their investor presentation. 1) Mark commenting on o tweet from the European Investment Bank (EIB) President, Werner Hoyer. These [companies] will be price takers, whereas we are set to define the products we want to sell. Recently, Talga has signed a non-binding Memorandum of Understanding to evaluate the joint development of Talgas Anode Project with Mitsui Group. Mr Thompson has over 30 years global experience in the mineral industry including resource project development, technology and management. Growth within the industrial minerals market is a strategic activity to reduce dependence on the iron ore market which today accounts for around 90 per cent of the external sales. 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. The information is not intended to imply any recommendation or opinion about a financial product. If we are, it aint like the last one, ASX Renewable Energy Stocks: Talga grows graphite resource to cash in on EU battery grab, Resources Top 5: A 1460g/t gold hit, more lithium, and Europes first battery anode factory goes live, Market Highlights and 5 ASX Small Caps to watch on Thursday, You can find out more about our policy and your choices, including how to op-outhere. And on top of this, Talgas natural graphite has unique properties that enable their Talnode-C product to be superior to alternatives too. 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 asAustralia. This is also known as Online Behavioural Advertising. As this industry grows, theres a coordinated push to establishinternalEV supply chains across the EU. Talga announced trial mining has commenced at Niska South to extract 2500 Tonne of natural graphite samples. The extended MoU between Talga and Mitsui continues the intent to advance potential co-development of Talga's Vittangi Anode Project in Sweden through Joint Venture. This is how Talga achieves both extremely low production costs and C02 emissions. In early 2018, Talga tested some of its raw graphite in a battery and it worked. 46 Colin Street 5) EV anode pilot plant production commissioning & commencement early 2022. Talgas unique tech puts it miles ahead of its peers, made really high-performance lithium-ion batteries. I am wondering whether this update is more about pumping the the share price prior to a capital raise. 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. Elon Musk might be dumping Tesla stock, but one prominent investor just bought in ; Major milestone acheived for the development of Stage 1. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Talga announced an expanded MOU with ABB. Two presentations over the past week. 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. Prospective Anode Producer, Talga Group, have released their Scoping Niska Study. The automotive and cell companies that we are talking to, they actually want European [anode] supply starting in 2022 or earlier, Thompson says. The immediate plan is setting up the design, implementation and start-up of the process for making materials from mined ores for lithium ion batteries. Talga Group One would expect Talga Resources to be extremely overvalued by now. Special Report: Talga Resources is not your everyday, aspiring graphite miner. , highlightingthe need for collaboration in tackling climate change, and the importance of electrification in efforts to reduce greenhouse gas emissions and averting the climate crisis. You will work with: exploitation permits, water samples, environmental impact monitoring, documentation, project environmental plans. e) 20% share dilution to fund business through to 2024. f) Stage 1 completion:2024, Stage 2: 2027, stage 3: 2029. 3) Pilot plant construction underway, and will be operational this year, with a capacity of up to 5000 Tonnes per annum. Key takeaways: 1) Talga and FREYR to work towards commecail supply of Talnode range of anode materials. Update following Investor presentation on August 6, 2022. The Company is focused on graphite exploration, research and development. Key takeways: 1) Talnode-Si approach is focused on a practical, scalable solution for silcon anode dosing, using Talga's proprietary graphene coating technology. DISC - I hold, but will be capping my holding at 5% max. It turns out that our special high-grade deposit in Sweden makes a natural graphite particle which performs a bit like synthetic graphite very expensive synthetic graphite.. Talga, on the other hand, is a low-emission leader. While it still sounds like a distant future, there is a company whose technologies are addressing both issues today. Pretty good, and opens up new markets, such as aircraft, which require high power densities. Relations and Public Affairs of the EU, ABB. Continuing to tick all the right boxes with resource recovery and green initiatives.These Life Cycle Analysis requirements are going to place companies like Talga in the limelight. Talga reported European Investment Bank, Swedish Export Credit Corporation, and Nordic Investment Bank representatives have conducted a site visit of Talga's anode pilot plant, and mine as part of the due diligence into financing the Vittangi Anode Project. The area is now being prioritised for further diamond core drilling over the next month. Could the EV industry pay up for exploration as critical metal demand grows? 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. (Company Presentation CSIROE October 2020, Pages 6 and 18). Market Close Update The company is based far away from Silicon Valley and is not listed on the US Stock Exchange. On July 6, 2022, Talga reported the first 13 of a 36 hole drill campaign of 2 km long target between Niska South and Niska North deposits. 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. Our growth is strategically designed to match the growth of the wider industry. 2) ACC has been awarded funding by the EU as an IPCEI (Important Project of Common European Interest). Stock market enthusiast. 25m @ 40.0% Cg (from 156m), 26m @ 37.6% Cg (from 159m) NUS21012 incl. 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. Maybe even hundreds! 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). Some subs dont allow seeking alpha sites. Large scale geophysical survey identifies 600 m long conductor adjacent to planned concentrator site. A second application on a separate vessel followed soon after, and both trials remain ongoing. Talga Resources Ltd (ASX:TLG) is listed on the Australian Securities Exchange. Livent should benefit from. Some key takeaways: European battery production to grow by around 275 GWhr per annum over the next 10 years. It is intendedthese discussions be extended to include Talgas Niska Project. The hearing represents the FINAL step before the Court hands down it's decision. Talga is a vertically-integrated technology company that possesses both the natural resources and the technology to develop products that are likely to be in high demand from EV and battery manufacturers around the world. This means the relevant authorities have completed scrutiny of the application documentation, including supplementary information provided by Talga Group. Australia. Engineering and design studies are expected to be completed this month. Interesting video outlining the geology of the Vittangi Site. 4) Mining permits to be lodged mid-2021. Talga have announced a capital raising. We develop green battery anode and advanced materials in northern Sweden that will help shift the world to a sustainable future. 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. Our ambition is to enable the worlds most sustainable battery and consumer products. Details of Talnode -Si anode performance provided. The Mercedes relationship strengthens. This sector wide performance maybe related to a number of positive factors relevant to the sector during thisperiod including but not limited to: An EV Anode Pilot Plant update has been released. I am not receiving compensation for it (other than from Seeking Alpha). Upgrade your membership to unlock all content. Talga Resources (ASX:TLG) DD Hey all, I'm new around here and I recently did a bit of a right up in my favorite ASX small cap TLG resources, mostly because I was frustrated with the stagnant share price and wanted to be reminded of all the great things this company has to offer. 2) Mine permitting will enable JV with Mitsui to be resolved. It appears Verkor is looking to secure a significant chunk of Talga's anode production capacity. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. "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 Process Engineer - Roles include: .you will be part of a Swedish Project team and will assist management in obtaining licenses and permits for the production facilities. Everything was going really well, but the timeline for brand new materials to enter production can be long, Thompson says. 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%. Good to see Talga's negotiating position is strengthened, with multiple offtake agreements being negotiated simultaneously. 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