TLG Discussion 2022

JNRB

Regular
There's a Q relating to SSB's in the webinar which I felt MT covered well. Apparently it was a public holiday in WA yesterday so hopefully you'll have the recording soon.
Yeah looking forward to watching it. Comments so far from it all seem quite positive
 
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Futurer

Emerged
Yeah looking forward to watching it. Comments so far from it all seem quite positive
To me at least it felt price-sensitive.
 
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JNRB

Regular
Sorry this is a bit of a waffle, but just stuff that's been going round in my head.

This last week has been insane geopolitically. And I've been thinking more and more about the impact it's going to have on Talga and we shouldn't underestimate it.

The name of the game for Europe now is strategic independence.

In EVERY. POSSIBLE. WAY.

Europe no longer has the space to fluff about on things because of minor gripes from NIMBY groups or noise minorities.
They need to gear their economies up.
They need to gear their militaries up.
And they need to do it as fast as possible because their safety (ignorance) blanket just got yanked out from underneath them (pardon the pun and metaphor mixing :p)

CRMA may be the framework within which it happens, but I expect to see any project that an increase Europe's independence given an escort of bulldozers.

I'm not trying to sensationalize things. Europe has quite literally declared that they consider conflict with Russia a serious, legitimate threat now, and they just got their pants pulled down by the Americans. They are a decade behind in building their military and they don't have the institutional frameworks currently in place to allow them to accelerate back to where they should be.

In this context, any plan that can contribute to closing this gap WILL be moved forwards. Stupid excesses of bureaucracy or NIMBYism will be overruled. Sorry Sami, but unless your reindeer are now all TAR ('Tactical Assault Reindeer' of course) that can smell Russians, your unchecked overreaching claims to exclusive use of the entirety of the region are no longer a valid excuse to hold up a project. And a permit approval being delayed because someone is sick? Fuk that, strategic projects will be in-force immediately appeals can happen after and will be a lot tougher.

-------------

It's a bit of a weird time to be in Europe. It's not like Trump 1 where things were crazy but then can hopefully go back to normal; things have been irreparably broken. But it shifts a lot of emphasis onto the importance of local materials, supply chains, technology and manufacturing - ALL of which Talga covers.

Strange new world for Europe but, IMO, silver lining good macro environment to support TALGA.
EU will be asking us how quickly we can scale up and how big a loan we need to do it.
 
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JNRB

Regular
Sorry this is a bit of a waffle, but just stuff that's been going round in my head.

This last week has been insane geopolitically. And I've been thinking more and more about the impact it's going to have on Talga and we shouldn't underestimate it.

The name of the game for Europe now is strategic independence.

In EVERY. POSSIBLE. WAY.

Europe no longer has the space to fluff about on things because of minor gripes from NIMBY groups or noise minorities.
They need to gear their economies up.
They need to gear their militaries up.
And they need to do it as fast as possible because their safety (ignorance) blanket just got yanked out from underneath them (pardon the pun and metaphor mixing :p)

CRMA may be the framework within which it happens, but I expect to see any project that an increase Europe's independence given an escort of bulldozers.

I'm not trying to sensationalize things. Europe has quite literally declared that they consider conflict with Russia a serious, legitimate threat now, and they just got their pants pulled down by the Americans. They are a decade behind in building their military and they don't have the institutional frameworks currently in place to allow them to accelerate back to where they should be.

In this context, any plan that can contribute to closing this gap WILL be moved forwards. Stupid excesses of bureaucracy or NIMBYism will be overruled. Sorry Sami, but unless your reindeer are now all TAR ('Tactical Assault Reindeer' of course) that can smell Russians, your unchecked overreaching claims to exclusive use of the entirety of the region are no longer a valid excuse to hold up a project. And a permit approval being delayed because someone is sick? Fuk that, strategic projects will be in-force immediately appeals can happen after and will be a lot tougher.

-------------

It's a bit of a weird time to be in Europe. It's not like Trump 1 where things were crazy but then can hopefully go back to normal; things have been irreparably broken. But it shifts a lot of emphasis onto the importance of local materials, supply chains, technology and manufacturing - ALL of which Talga covers.

Strange new world for Europe but, IMO, silver lining good macro environment to support TALGA.
EU will be asking us how quickly we can scale up and how big a loan we need to do it.


MT already seeing a change worth commenting on.
(thanks @oldmate on HC)

https://x.com/dinosaurman1/status/1897990648089002144?t=Fs5CRhBq62vjGsBVd-t8SA&s=19

1741375979861.png
 
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BigDog

Regular
Northvolt files for bankruptcy!

Can’t be bad for Talga…
 
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Futurer

Emerged
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Semmel

Top 20
Northvolt files for bankruptcy!

Can’t be bad for Talga…

Uff.. was hanging by a thread already... Damn. Come on EU, get things rolling for once!
 
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JNRB

Regular
This is new.
From latest Euroz presentation.
MT straight away leaning heavily into the defence angle. New market, and new push for strategic support.
 

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Semmel

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Thx to Black beak on HC:

It's to be announced on the 25th March. Annoying it didn't happen today, but at least we have an official announcement date rather than off-the-cuff comments on possible dates:
Presenting the new Action Plan on Steel and Metals, the European Commission’s Executive Vice President Stéphane Séjourné, in charge of prosperity and industrial strategy, vowed to secure the supply of essential raw materials. He revealed that on March 25 he would identify the first group of strategic projects facilitated through the Critical Raw Materials Act (CRMA).

https://balkangreenenergynews.com/eu-to-unveil-strategic-projects-for-raw-materials-on-march-25/
 
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TentCity

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cosors

👀
Here it is ‼️

"Selected strategic projects​


The Commission officially approved these strategic projects under the CRMA on 25 March 2025.
Further information can be found in this annex.
Use the map below to browse through each project by its location on a regional level.
You can also search them using the table further down this page.
Factsheets on the 14 raw materials that are extracted, processed, recycled and substituted in these projects are also available.
1742900912679.png



"Talga Natural Graphite ONE is an ongoing extraction project in Sweden. The project promoted by Talga AB aims to contribute to the supply of graphite (battery grade). "
 
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cosors

👀

"Talga gets fast track under new EU legislation​

Updated today 12:01Published today 11:43
Three Swedish mining and mineral projects receive strategic project status within the framework of the Critical Raw Materials Act.
Talga AB is one of the designated projects
Talga will mine graphite outside Vittangi and refine the graphite into battery material in a facility in Luleå. The mine establishment in Vittangi has been controversial after opposition from Talma Sameby and where Kiruna municipality has refused to complete a detailed plan .
Now Talga is getting a fast track that will give it permission to start operations in just 27 months.
LKAB has applied for the industrial park in Luleå, mining in Malmberget and for the Per Geijer deposit in Kiruna. Per-Erik and Eva Lindvall's company Georeality has also applied. The latter is not on the list.

– From what I have seen, only process projects have been included, no pure mining projects so far, says Per-Erik Lindvall.

The text is updated."
 
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Diogenese

Top 20
Here it is ‼️

"Selected strategic projects​


The Commission officially approved these strategic projects under the CRMA on 25 March 2025.
Further information can be found in this annex.
Use the map below to browse through each project by its location on a regional level.
You can also search them using the table further down this page.
Factsheets on the 14 raw materials that are extracted, processed, recycled and substituted in these projects are also available.
View attachment 80239


"Talga Natural Graphite ONE is an ongoing extraction project in Sweden. The project promoted by Talga AB aims to contribute to the supply of graphite (battery grade). "
Well now Mark has a negotiating tool!
 
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JNRB

Regular
Up 6% in Frankfurt.
I know low volumes n all that, but hopefully an indication of what we can expect tomorrow
 
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cosors

👀
"

Graphite mine gets fast track​

Jan Tangring ,March 25, 2025
Australian Talga's project for a Swedish graphite mine receives a fast-track status under the EU's Critical Raw Materials Act.
Talga is planning a facility for processing graphite into anode material in Luleå, and has tried to supplement the plan with its own graphite, mined in Vittangi.
With the EU's fast track, such mining could now receive a permit in just 27 months – a moment in time in mining terms.
– Being one of three Swedish companies to receive this recognition is both fun and important, especially as the graphite Talga will extract and refine is important for both Europe's self-sufficiency and green transition, says Cen Rolfsson, press contact at Talga Group.
– It feels like a great responsibility has been placed on us to actually deliver for the sake of all of Europe.
Selected projects will also receive coordinated support from the European Commission, member states and financial institutions, and faster and simpler permit processes are promised.
Regarding Talga's project to produce anode material – for approximately 300,000 electric cars per year – most of the permits are in place.
– The financing plan must be completed before construction begins.
The fast track will also make it easier for Talga to potentially expand its plans.
Two more Swedish projects are among the EU fast-track projects. One is LKAB's application for the industrial park in Luleå, rare earth mining in Malmberget and the Per Geijer deposit in Kiruna. The other is Northvolt's battery recycling.
The EU Commission's selected 47 projects are located in 13 countries: Belgium, Estonia, Finland, France, Greece, Italy, Poland, Portugal, Romania, Spain, Sweden, the Czech Republic and Germany."


The usual lies:

""Conflict minerals will now be produced within the EU's borders"​

Updated today 15:08Published today 14:45
Talga AB receives a fast track for the mine establishment in Vittangi.
This despite protests from both the Sami village, Kiruna municipality and other local residents.
– It is a cultural extinction of the Sami people in the Kiruna area, says Lars-Marcus Kuhmunen, chairman of Gabna Samiby.
In May last year, the EU's new mining legislation, the Critical Raw Materials Act, was adopted. The idea is to speed up and expand the mining industry within the EU, making it easier for more mining projects to obtain permits. The goal is for the EU to become more independent of, for example, China when it comes to critical minerals.
Among the mines that have now been fast-tracked are Talga AB's mining establishment in Vittangi and LKAB's Per Geijer deposit in Kiruna. This is despite the fact that both mining plans have long been controversial.
Both Gabna and Talma Sameby have protested. Several local residents and Kiruna Municipality have also opposed the establishment of the mine in Vittangi.

Sami village: "Repetition of historical abuses"​

Gabna Sami village has already been hit hard by several mining projects in the Kiruna area. Not least by the so-called Per Geijer ore. It has already been described as the death blow for the Sami village.
If one of the goals is that the EU should not have to import conflict minerals, this will have the opposite effect. Now it will be the EU that starts producing conflict minerals instead, the Sami village argues.
– We are seeing a repetition of historical abuses by the state. It is a loss of pastures and Sami culture, says Lars-Marcus Kuhmunen, chairman of Gabna Samiby.
He continues:
– We are already seeing today that there is a collapse of reindeer herding in Gabna Samiby. It is a cultural extinction of the Sami in the Kiruna area. Human rights are being violated. Conflict minerals will now be produced within the borders of the EU.

Mining industry: “Of great importance”​

The mining industry's interest organization Svemin sees it the opposite way – and praises that the mining plans can become a reality.
– The implementation of these projects is of great importance for the entire EU's supply of strategic raw materials needed for society's green transition, digital technology and for defense, says Maria Sunér, CEO of the mining industry's interest organization Svemin."


And who are more than happy to follow the lies because they fit better into their echo chamber bubble than reality:
"
1742916150575.png

The European Commission's strategic project - a grey transition​

25.3.2025 14:01:14 CET | Greenpeace | Press release

Share
Today, the European Commission presented 47 European strategic projects that will contribute to the EU's supply of strategic minerals. Three of these are located in Sweden. These projects will receive financial support or simplified access to capital as well as prioritized and facilitated permit processes. The idea is also that the permit process for mines will take a maximum of 27 months and for the process industry only 15 months.
The three Swedish projects that should be prioritized according to the EU Commission are:
ReeMAP
, a facility from LKAB to extract apatite and other minerals from mining waste, but which also includes the Malmberget mine and the planned Per Geijer mine
Northvolt Revolt AB (recycling of batteries)
Talga Natural Graphite ONE (graphite mine)

Greenpeace campaign leader Carl Schlyter comments on the EU Commission's selected projects as follows:
– What the Commission presented today is a grey transition that risks violating the rights of the Sami people and affecting the local population. Less than a quarter of the projects are about recycling or replacing strategic minerals and the EU Commission seems to favor projects where speculation rather than sustainability is the driving force. There is nothing to be gained by pushing through new mining projects in a panic, the EU should instead focus on supporting economic development, new business models and increased producer responsibility that can reduce the need for new mines.
– The Per Geijer mine and Talga Natural Graphite ONE in Vittangi both threaten indigenous rights and the Sami villages' ability to exist. The Taiga mine also threatens a valuable Natura 2000 area and local politicians are against it. Northvolt Revolt's battery recycling is in bankruptcy and is unfortunately characterized more by speculation than sustainability at the moment.
– It is generally a high risk to invest heavily in specific mining projects, technology development is rapid and in ten years other battery solutions may dominate and the local population will then be left to their fate with poisoned water and abandoned and destroyed nature. New mines should come last, not first in the transition towards sustainability. Circular business models, reuse and recycling, on the other hand, are technologies we can always export to the outside world."

🤦‍♂️
They are serious and are probably still adults and not teenagers. I want to go back on holiday.
 
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cosors

👀
"Raw materials
EU decision - Swedish mines are prioritised
The European Commission has made public which mining projects will be prioritised in the new regulation to increase domestic raw material capacities. This means a reduction in the duration of action of around two years compared to the previous 5-10 years. This is stated in a press release.

Following the announcement, the share prices of mining companies collapsed.


In Sweden, three projects have been prioritised and given ‘strategic status’, all in northern Sweden:

- The Northcycle recycling project, Northvolt.

- Talga Natural Graphite ONE graphite project, Talga.

- Rare earths, Reemap, LKAB.

One mine that was not a priority is Norra Kärr.

- That was a pity at the time. But there is still hope for the future. It remains to be seen what practical benefits the projects will actually derive from their status. ‘It is difficult to understand why they are giving Northvolt Revolt AB strategic status in the current situation,’ says geologist Axel Sjöqvist in an email to EFN.

A total of 47 strategic projects have been approved in Europe to increase domestic capacity for strategic raw materials. According to the European Commission, these are the 47 that fulfil the environmental, social and governance criteria and have demonstrated a clear benefit for the EU.

‘The new strategic projects represent an important milestone in the implementation of the Critical Raw Materials Act, which aims to ensure that the extraction, processing and recycling of strategic raw materials in Europe meet 10%, 40% and 25% of EU needs respectively by 2030,’ the press release states.

Mining on the stock market after EU decision
The share prices of small mining companies Leading Edge Materials and Bluelake Mineral plummet on the stock exchange after the European Commission today presented which mining projects will be prioritised in the new regulation to increase domestic raw material capacities. Shares in Leading Edge Materials fell by over 30 per cent after its Norra Kärr mining project outside Gränna was not included in the list. Bluelake Mineral also loses double-digit amounts after the Rönnbäcken project in Storuman was not prioritised.

‘We note that the EU Commission has prioritised other projects over Rönnbäcken at this stage. Selected projects are further advanced in their remaining authorisation procedures, which has probably played a role. We remain firmly convinced that Rönnbäcken is important for Europe's long-term self-sufficiency in nickel and cobalt and are now continuing to work on the development of the project,’ says Peter Hjorth, CEO of Bluelake Minerals, in a press release.

‘Indispensable for the phase-out’
In order to be operational, the 47 strategic projects are expected to require capital investments totalling 22.5 billion euros. From a previous action period of 5-10 years, this has now been reduced to around 2 years and must not exceed 27 months for extraction projects and 15 months for other projects.

‘Raw materials are at the beginning of our strategically most important supply chains. They are also essential for phasing out the use of fossil fuels on our continent. However, Europe is currently dependent on third countries for many of the most urgently needed raw materials. We need to increase our own production, diversify our external supplies and build up stocks. Today, we have identified 47 new strategic projects that will help us to secure our own domestic supply of raw materials for the first time. This is a milestone for Europe's sovereignty as an industrialised nation,’ said Vice-President Stéphane Séjourné in a commentary."
 
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BlackBeak

Regular
"Raw materials
EU decision - Swedish mines are prioritised
The European Commission has made public which mining projects will be prioritised in the new regulation to increase domestic raw material capacities. This means a reduction in the duration of action of around two years compared to the previous 5-10 years. This is stated in a press release.

Following the announcement, the share prices of mining companies collapsed.


In Sweden, three projects have been prioritised and given ‘strategic status’, all in northern Sweden:

- The Northcycle recycling project, Northvolt.

- Talga Natural Graphite ONE graphite project, Talga.

- Rare earths, Reemap, LKAB.

One mine that was not a priority is Norra Kärr.

- That was a pity at the time. But there is still hope for the future. It remains to be seen what practical benefits the projects will actually derive from their status. ‘It is difficult to understand why they are giving Northvolt Revolt AB strategic status in the current situation,’ says geologist Axel Sjöqvist in an email to EFN.

A total of 47 strategic projects have been approved in Europe to increase domestic capacity for strategic raw materials. According to the European Commission, these are the 47 that fulfil the environmental, social and governance criteria and have demonstrated a clear benefit for the EU.

‘The new strategic projects represent an important milestone in the implementation of the Critical Raw Materials Act, which aims to ensure that the extraction, processing and recycling of strategic raw materials in Europe meet 10%, 40% and 25% of EU needs respectively by 2030,’ the press release states.

Mining on the stock market after EU decision
The share prices of small mining companies Leading Edge Materials and Bluelake Mineral plummet on the stock exchange after the European Commission today presented which mining projects will be prioritised in the new regulation to increase domestic raw material capacities. Shares in Leading Edge Materials fell by over 30 per cent after its Norra Kärr mining project outside Gränna was not included in the list. Bluelake Mineral also loses double-digit amounts after the Rönnbäcken project in Storuman was not prioritised.

‘We note that the EU Commission has prioritised other projects over Rönnbäcken at this stage. Selected projects are further advanced in their remaining authorisation procedures, which has probably played a role. We remain firmly convinced that Rönnbäcken is important for Europe's long-term self-sufficiency in nickel and cobalt and are now continuing to work on the development of the project,’ says Peter Hjorth, CEO of Bluelake Minerals, in a press release.

‘Indispensable for the phase-out’
In order to be operational, the 47 strategic projects are expected to require capital investments totalling 22.5 billion euros. From a previous action period of 5-10 years, this has now been reduced to around 2 years and must not exceed 27 months for extraction projects and 15 months for other projects.

‘Raw materials are at the beginning of our strategically most important supply chains. They are also essential for phasing out the use of fossil fuels on our continent. However, Europe is currently dependent on third countries for many of the most urgently needed raw materials. We need to increase our own production, diversify our external supplies and build up stocks. Today, we have identified 47 new strategic projects that will help us to secure our own domestic supply of raw materials for the first time. This is a milestone for Europe's sovereignty as an industrialised nation,’ said Vice-President Stéphane Séjourné in a commentary."
Wow, leading edge materials currently down 40% because they weren't included. And European metals up 150% because they were. Interesting to see if this will finally light a fire under our share price!
 
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cosors

👀
Wow, leading edge materials currently down 40% because they weren't included. And European metals up 150% because they were. Interesting to see if this will finally light a fire under our share price!
Yes, it is a real sign of life!
With Talga, it remains to be seen whether it will only be helpful for the extensions.
And we're waiting for the concession.
Enough scepticism for today, big news today and I wish you a nice trading day soon!
 
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Semmel

Top 20
With the tweet from Mark that he is on the plane tomorrow:


The CRMA decision today and the Ann stating

1000008016.png


I can only guess and hope that Mark and who else is on the move to sign this stuff and make us finally go forwards. I mean, what other bread crumbs can you need? Of course, we have overestimated these crumbs all too often in the past and I wouldn't hold my breath but at least I feel well hopeful that this time it's a keeper. Fingers crossed! The CRMA decision is hopefully the last item that needs to be ticked for the offtake and financing. We still need the final appeal rejected but yeah, maybe customers can see past this for once.
 
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cosors

👀
I think MT could now be on the road to get advice.*

1742986899851.png

"5 Swedish projects receive strategic project status - important for EU materials supply​

Published 25 March 2025

The European Commission has today decided that five Swedish projects will be granted strategic project status under the EU Critical Raw Materials Regulation. The aim is to strengthen the EU's supply of strategic raw materials.

- ‘It is important for Sweden and the EU to increase mineral production and recycling of metals, which is a prerequisite for the green transition. Improving self-sufficiency and reducing our import dependency is a priority, it will strengthen Sweden's and the EU's competitiveness,’ says Ebba Busch, Minister for Energy and Industry.

The projects that have been decided are Talga's work on mining graphite, Northvolt's recycling project and LKAB's three different projects within the framework of the ReeMap initiative.

Classifying a project as strategic means above all authorisation processes with clear deadlines for projects involving critical metals and minerals, and that companies only need to contact one authority to guide them through the entire authorisation process. Projects will also receive advice and assistance on financing the venture, if needed.*

The possibility to apply to the Commission to have a project recognised as strategic will be reintroduced."
 
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