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cosors

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Sales of German EVs rose by 49% in China (largest market) and by 11% in Germany. It was just on the radio news.
 
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cosors

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Is parliament in session?

No that I'm expecting some special critical minerals legislation ...
The CRMA should come into force. It was announced for January.
 
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Diogenese

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The CRMA should come into force. It was announced for January.


Statement by Ebba Busch

https://www.government.se/statement...proposed-european-critical-raw-materials-act/


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Statement by Ebba Busch

Ministerial statement on proposed European Critical Raw Materials Act​

Published 16 March 2023
Statement from Minister for Energy, Business, and Industry Ebba Busch.
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Minister for Energy, Business and Industry Ebba Busch@Kristian Pohl
On 16 March, the European Commission presented its proposal for a new legal instrument to promote secure and sustainable access to critical raw materials in the EU.
Secure and sustainable access to raw materials is necessary to enable green transition. The transition requires new technologies and new energy solutions that lead to even greater demand for more metals and minerals than those we have previously used.
The increasing demand and the prevailing geopolitical situation has prompted the EU to act in several areas related to access to raw materials. Currently, the EU uses 25 per cent of the global production of metals, however, produces only 3–4 per cent of them. Recycling, reuse, and other circular methods are important, but will not be sufficient to meet the growing demand. There is great geological potential in the EU to mine the metals and minerals needed for the green transition.
The Critical Raw Materials Act is a priority for the Swedish Presidency of the Council of the EU. The Presidency’s ambition is to work towards a proportionate and balanced act that promotes secure access to sustainably produced raw materials. This legal instrument aims to increase access by strengthening our European value chains through measures in the following areas:
  • Increased domestic mining and production.
  • increased resource efficiency and recycling; and
  • diversification of trade.

MT has posted a few selfies with Ebba ...
 
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Diogenese

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Statement by Ebba Busch

https://www.government.se/statement...proposed-european-critical-raw-materials-act/


View attachment 55619
Statement by Ebba Busch

Ministerial statement on proposed European Critical Raw Materials Act​

Published 16 March 2023
Statement from Minister for Energy, Business, and Industry Ebba Busch.
.
Minister for Energy, Business and Industry Ebba Busch@Kristian Pohl
On 16 March, the European Commission presented its proposal for a new legal instrument to promote secure and sustainable access to critical raw materials in the EU.
Secure and sustainable access to raw materials is necessary to enable green transition. The transition requires new technologies and new energy solutions that lead to even greater demand for more metals and minerals than those we have previously used.
The increasing demand and the prevailing geopolitical situation has prompted the EU to act in several areas related to access to raw materials. Currently, the EU uses 25 per cent of the global production of metals, however, produces only 3–4 per cent of them. Recycling, reuse, and other circular methods are important, but will not be sufficient to meet the growing demand. There is great geological potential in the EU to mine the metals and minerals needed for the green transition.
The Critical Raw Materials Act is a priority for the Swedish Presidency of the Council of the EU. The Presidency’s ambition is to work towards a proportionate and balanced act that promotes secure access to sustainably produced raw materials. This legal instrument aims to increase access by strengthening our European value chains through measures in the following areas:
  • Increased domestic mining and production.
  • increased resource efficiency and recycling; and
  • diversification of trade.

MT has posted a few selfies with Ebba ...


https://www.europarl.europa.eu/RegD..., during its plenary session in December 2023.

BRIEFING EU Legislation in Progress EPRS |
European Parliamentary Research Service Author: Guillaume Ragonnaud Members' Research Service PE 747.898 – December 2023 EN
Critical raw materials act
OVERVIEW The EU's ambition to become a climate-neutral economy by 2050, and its ability to sustain the green and digital transition and achieve strategic autonomy, all rely heavily on reliable, secure and resilient access to critical raw materials (CRMs). On 16 March 2023, the Commission put forward a proposal for a regulation on CRMs. It introduces the concept of strategic raw materials (SRMs), which are key for some strategic technologies and vulnerable to shortages.
The general objective of the proposed regulation is to improve the functioning of the single market by establishing a framework to ensure the EU's access to a secure and sustainable supply of CRMs. To achieve this, the regulation would pursue four specific objectives: strengthening the whole SRM value chain; diversifying the EU's imports of SRMs (so that by 2030, no third country would provide more than 65 % of the EU's annual consumption of each SRM); improving the EU's ability to monitor and mitigate the CRM supply risk; ensuring the free movement of CRMs and products containing CRMs placed on the EU market, and ensuring a high level of environmental protection, by improving their circularity and sustainability.
On 13 November 2023, the Parliament and the Council reached a provisional agreement on the proposal. Parliament is expected to vote on the agreed text, which requires formal adoption by both institutions, during its plenary session in December 2023.


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cosors

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Token35

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Feb 2024 meeting recording now available:

 
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Semmel

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Semmel

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As far as I know, Tesla started doing dry battery electrode manufacturing (i.e. Teslas technology, not solid state) using first Cathode because it was easier with cathode. But now they have arrived at anode as well. Do we know whether Talnode-C or Talnode-Si is actually compatible with that manufacturing tech? I might have to ask than on the next earnings report, unfortunately we just had one and its gonna take 3 months until the next.. Should have thought of that earlier.
 
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Diogenese

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cosors

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Talga Group Ltd: Breaking Even in Two Years with Sustainable Battery Materials

Talga Group Ltd, an Australia-based company, is projected to break even in two years as a leader in green graphite battery anodes and advanced materials. With global operations and a commitment to sustainable practices, Talga Group is revolutionizing the clean energy industry.

R. Tasleem - 12 Feb 2024 17:34 EST

Talga Group Ltd: Breaking Even in Two Years with Sustainable Battery Materials
Talga Group Ltd: Pioneering a Greener Future with Break-even in Sight

In an era where sustainability and innovation are the driving forces of industry, Talga Group Ltd, an Australia-based battery materials supply chain company, is making waves. Specializing in the development of green graphite battery anode products and advanced materials, Talga Group is projected to break even in just two years, according to analysts.

From Losses to Profits: Talga Group's Projected Financial Turnaround​

Despite reporting a loss of AU$43 million in its latest financial year, Talga Group is expected to generate profits of AU$64 million by 2026. This impressive financial turnaround is attributed to an average annual growth rate of 66%, reflecting the company's commitment to advancing its green technologies and expanding its market reach.
Unlike most cash-burning metals and mining companies, Talga Group boasts a debt-free balance sheet. Operating purely off shareholder funding, the company presents a less risky investment opportunity for those seeking to support the future of clean energy.

A Global Footprint: Talga Group's International Presence​

With operations spanning across Sweden, Germany, the United Kingdom, Japan, and Australia, Talga Group is a truly global entity. The company's extensive network enables it to provide a range of green, graphitic materials for various applications, including electric vehicles and energy storage systems.
Talga Group's commitment to sustainable practices is evident in its operations. By focusing on the development of green graphite battery anode products and advanced materials, the company is not only contributing to the global shift towards clean energy but also setting a new standard for responsible manufacturing.

The Future of Clean Energy: Talga Group Leads the Charge​

As the world continues to grapple with the challenges of climate change and environmental degradation, the demand for clean energy solutions is on the rise. Talga Group, with its innovative technologies and commitment to sustainability, is well-positioned to lead the charge in this rapidly evolving industry.
By delivering both the overview and intricate details of Talga Group's journey, it is clear that this company is more than just a metals and mining entity. It is a trailblazer in the world of clean energy, demonstrating that profitability and sustainability can go hand in hand.
In conclusion, Talga Group Ltd's projected break-even in two years is not only a testament to its financial prowess but also its commitment to driving the future of clean energy. With a debt-free balance sheet, global operations, and a focus on green technologies, Talga Group is poised to make a lasting impact on the world of battery materials and advanced materials.
Keywords: Talga Group Ltd, break-even, green graphite battery anode products, advanced materials, sustainability, clean energy, electric vehicles, energy storage systems, financial turnaround, global operations, responsible manufacturing."
 
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Semmel

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What a lovely article, thx cosors! :) hope this all comes true! If production is at 10ktpa in 2026, during the ramp, we would see about 100m revenue and $60m profit. So the $66m AUD is quite reasonable even with suppressed margins and half production rate due to the ramp. Good one!
 
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ACinEur

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Battery maker ACC secures financing for three European factories​

By Gilles Guillaume
February 12, 20244:35 PM GMT+10Updated 3 days ago



ACC inaugurates its gigafactory in northern France

A view shows the ACC logo at the gigafactory of Automotive Cells Company (ACC), a joint venture of Stellantis, TotalEnergies and Mercedes, in Billy-Berclau-Douvrin, northern France, May 30,... Purchase Licensing Rights, opens new tab Read more
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PARIS, Feb 12 (Reuters) - European auto battery manufacturer ACC, co-owned by Stellantis, Mercedes and TotalEnergies, on Monday announced the completion of a major financing round for the development of three "gigafactories" in France, Germany and Italy.
The bank financing worth 4.4 billion euros ($4.74 billion) - a large chunk of its total needed investment estimated at just over 7 billion euros - was one of the largest debt fundraising operations ever carried out in the European automotive sector, ACC, also known as Automotive Cells Company, said.
[Captions auto-generated & unedited.]
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"This deal with the banks reflects the very high level of confidence of these lenders in the ACC project," Yann Vincent, managing director of ACC, told Reuters.
French lender BNP Paribas acted as exclusive financial adviser to ACC. The financing deals were struck with a consortium of banks including BNP Paribas, Deutsche Bank, ING, Intesa Sanpaolo, the French public bank Bpifrance, insurer Euler Hermes and the Italian export insurer SACE.
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The money will fund the construction of four new ACC production lines - a second one in France, a first one in Kaiserslautern in Germany, and two in Termoli in Italy.
They come on top of the company's first production unit producing lithium-ion batteries in Billy-Berclau in northern France, which was opened last year.
The financing, which adds to public subsidies already granted or committed, will be supplemented by new cash injections from the three shareholders of ACC of an unspecified amount, the company said.
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As a result, Stellantis (STLAM.MI), opens new tab will hold a 45% stake in ACC at the end of March, Mercedes-Benz (MBGn.DE), opens new tab will hold 30% and Saft, owned by oil giant TotalEnergies (TTEF.PA), opens new tab, 25%.
($1 = 0.9275 euros)
 
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ACinEur

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Financing for the factories…and where do the raw materials come from?!
 
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