TLG Discussion 2022

TentCity

Regular
Does the 104K include the initial 20K anyone ?

It's a bit unclear
Yes, it does.
19,000tpa (Stage 1) + Niska SS 85,000tpa = ~104,000tpa

Plus we have the bonus 8,5000tpa of Talphene by-product to monetise.

See extract below from Niska SS.

Whilst theStudy has been constrained to a 400,000tpa mining and concentrator throughput towards 85,000tpa Talnode®-C anode production and 8,500tpa of Talphene® production, there are no identified technical restrictions to further increase the throughput rate with additional expansion, subject only to further product validation and purchase agreements underpinning demand.All graphite deposits in the Study remain open along strike and at depth, with extension targets having been defined and awaiting further drilling in early 2021.TheNiska productionwould add to the existing 19,000tpa Vittangi Anode Project, to take total Talga Group Talnode®-C production to >100,000tpa by 2025-26.
 
  • Like
  • Fire
Reactions: 6 users
Yes, it does.
19,000tpa (Stage 1) + Niska SS 85,000tpa = ~104,000tpa

Plus we have the bonus 8,5000tpa of Talphene by-product to monetise.

See extract below from Niska SS.

Whilst theStudy has been constrained to a 400,000tpa mining and concentrator throughput towards 85,000tpa Talnode®-C anode production and 8,500tpa of Talphene® production, there are no identified technical restrictions to further increase the throughput rate with additional expansion, subject only to further product validation and purchase agreements underpinning demand.All graphite deposits in the Study remain open along strike and at depth, with extension targets having been defined and awaiting further drilling in early 2021.TheNiska productionwould add to the existing 19,000tpa Vittangi Anode Project, to take total Talga Group Talnode®-C production to >100,000tpa by 2025-26.
OK so with our grades on the high side we could actually end up closer to 110ktpa or even 115ktpa
 
  • Like
Reactions: 1 users

Semmel

Top 20
Yeah, hoping they increase the Niska expansion after drilling results are in. Maybe 200ktpa, hoping for more like 500ktpa though. But i don't think Talga will say much about it before the courts decision on the Vittangi mine end of March. One of the arguments of the Sami is that Vittangi is just the beginning of a much bigger mine. Which might as well be true and we all know it. But that in and of it self is not a bad thing, as it will mostly be under ground. Still, I can understand if Talga doesn't say anything before then. Also with the new Mine, Talga will be very respectful with the Sami, the Sami will fight it of course but they do not make the decision.
 
Last edited:
  • Like
Reactions: 5 users
Yeah, hoping they increase the Niska expansion after drilling results are in. Maybe 200ktpa, hoping for more like 500ktpa though. But i don't think Talga will say much about it before the courts decision on the Vittangi mine end of March. One of the arguments of the Sami is that Vittangi is just the beginning of a much bigger mine. Which might as well be true and we all know it. But that in and of it self is not a bad thing, as it will mostly be under ground. Still, I can understand if Talga doesn't say anything before then. Also with the new Mine, Talga will be very respectful with the Sami, the Sami will fight it of course but they do not make the decision.
I guess any further expansion would have to be included in a separate expansion (phase 3) as the application for the Niska expansion was already submitted last year but obviously I could be wrong.
 
  • Like
Reactions: 5 users

Semmel

Top 20
I guess any further expansion would have to be included in a separate expansion (phase 3) as the application for the Niska expansion was already submitted last year but obviously I could be wrong.

You are correct. Is it not possible to restart the application for a larger volume? Or amend it? The alternative is, we go through with the current plan, and then make a second expansion a year later, which would simply double the work that has to be done. I dont know how this works to be honest.
 
  • Like
Reactions: 1 users

Slymeat

Move on, nothing to see.
  • Like
Reactions: 2 users

Slymeat

Move on, nothing to see.
  • Like
Reactions: 2 users
You are correct. Is it not possible to restart the application for a larger volume? Or amend it? The alternative is, we go through with the current plan, and then make a second expansion a year later, which would simply double the work that has to be done. I dont know how this works to be honest.
Maybe someone can address this at the AGM?! Will it be available online or only per person? It's a shame Non-Australian investors are always left behind (also a valid point regarding cap raises)!
 
  • Like
Reactions: 1 users

Semmel

Top 20
Maybe someone can address this at the AGM?! Will it be available online or only per person? It's a shame Non-Australian investors are always left behind (also a valid point regarding cap raises)!
Yeah, cap rises only for Australiens or new Zealanders.. there must be legal reasons for that one. But there is no reason to have the AGM in person only and not stream it.
 

Slymeat

Move on, nothing to see.
  • Like
Reactions: 1 users

Slymeat

Move on, nothing to see.
Maybe someone can address this at the AGM?! Will it be available online or only per person? It's a shame Non-Australian investors are always left behind (also a valid point regarding cap raises)!
In the notice for the AGM it states questions can be asked via email

1666701440133.png


No web access has yet been published, but as the AGM is on 24th of Novemeber, this may be published in coming weeks.
 

cosors

👀
  • Like
Reactions: 3 users

Diogenese

Top 20
Hi @cosors ,

I steered the conversation off the beaten track over at BRN, so I'm moving my response here:

Looks like CATL have got the drop on us ...

20220521
https://www.takomabattery.com/catl-...than comparable batteries currently available.

CATL supplies Mercedes-Benz high energy density battery​

Mercedes-Benz will use a new high-energy-density battery in its G-Class from 2025 that uses a silicon-based anode and has a 20-40 percent higher energy density than comparable batteries currently available. The market potential of silicon-based anodes has gradually opened up, and it has begun to appear in power tool batteries, High-end digital batteries, and power batteries.

According to reports, the battery is provided by CATL, and the anode material is from Sila Nanotechnologies (“Sila Nano”), a California-based startup founded by a former Tesla engineer.



https://www.takomabattery.com/catl-...than comparable batteries currently available.

Mercedes-Benz transitions to full electric​

On July 22 last year, Mercedes-Benz held a strategic conference on the transformation from “electricity first” to “full electric”, and plans to achieve a full electric pattern by 2030.

Among them, in terms of battery technology route, Chief Technology Officer Sajjad Khan said that the next-generation power battery will adjust the chemical composition according to the needs of customers in different markets.

It will cooperate with battery material company SilaNano and other partners in anode technology, and increase the battery energy density to 900Wh/L through silicon-based anode technology; in the future, it will strengthen cooperation with partners to further promote high-silicon anode technology.

It now appears that SilaNano’s silicon-based anode technology has basically matured and is about to be commercialized, and Mercedes-Benz will also be equipped with power batteries using this technology
.


https://group-media.mercedes-benz.c...production-site-in-Hungary.xhtml?oid=53887333

Mercedes-Benz expands battery supply partnership with CATL on its way towards going Electric-Only: New production site in Hungary

Aug 12, 2022
Stuttgart (Germany)
  • Electrification ramp up accelerated: Contemporary Amperex Technology Co., Limited (CATL) plant marks the next milestone towards Mercedes-Benz’s goal of reaching production capacity of more than 200 Gigawatt hours at 8 global production sites by the end of decade
  • European cells secured: Hungarian plant supports Mercedes-Benz local-for-local strategy through use of Hungary sourced CATL cells for electric vehicle production in Europe
  • Partnership expanded: Mercedes-Benz and CATL join forces in Hungary with new battery-cell factory following alliance initiated in 2020. Mercedes-Benz will be the first partner to receive battery cells from the Hungarian plant with the largest initial order volume
  • Sustainable production in line with Ambition 2039: CATL’s cell production in Hungary for next generation Mercedes-Benz models will be CO2 neutral, audited by third party companies
Mercedes-Benz is taking another step to scale up development and production of next-generation high-performance battery cells and modules on its path to an all-electric future. The new CATL plant in Debrecen, Hungary will supply battery cells for European production sites in Germany and Hungary.
The new factory in Hungary expands a partnership between Mercedes-Benz and CATL which was first announced in August 2020 and marks the next milestone in a local-for-local purchasing strategy. Mercedes-Benz has chosen CATL, a global leader of new energy innovative technologies, to expand its global procurement of battery cells, as the world’s most valuable luxury automotive brand plans to build more than 200 Gigawatt Hours in battery capacity by the end of the decade.
The plant will provide battery cells for the next generation Mercedes-Benz models. The Stuttgart-based luxury car maker with the three-pointed star is thereby enforcing its "Electric Only" strategy with advanced, CO2 neutrally produced battery cells, modules and systems supplied by CATL. For the first time, the CO2 neutral battery cell production for the latest Mercedes-Benz models was audited and certified by third party companies DEKRA and SGS. In line with this strategy, the new CATL plant in Hungary will also produce battery cells for Mercedes-Benz CO2 neutrall
y.
“This new state-of-the art European CATL plant in Hungary is another milestone for the scale-up of our EV production together with our key partners,” said Markus Schäfer, Member of the Board of Management of Mercedes-Benz Group AG, CTO responsible for development and procurement, “With CATL we have a technology-leader as our partner to provide us – as the first and biggest customer of the new plant’s initial capacity – with top-notch CO2 neutral battery cells for our next generation EVs in Europe, hence following our local-to-local approach in procurement. We’re proud to see our Ambition 2039 supported by CATL’s commitment to CO2 neutral production in Hungary.”

... although it's not clear where CATL will be sourcing it's graphite.

They are getting their silicon from Sila NanoTech in the US.

CATL have just deferred a decision on building a US gigafactory because of US local content requirements (something we were told by the Americans (free market fundamentalism)* was anathema back in the 80's when we had local manufacturing).

*Is it permissible to use "d!ckheads" and "economists" in the same sentence?
 
  • Like
  • Sad
  • Haha
Reactions: 4 users

cosors

👀
Hi @cosors ,

I steered the conversation off the beaten track over at BRN, so I'm moving my response here:

Looks like CATL have got the drop on us ...

20220521
https://www.takomabattery.com/catl-supplies-mercedes-benz-high-energy-density-battery/#:~:text=What is a silicon-based anode battery Silicon-based anode,higher energy density than comparable batteries currently available.

CATL supplies Mercedes-Benz high energy density battery​

Mercedes-Benz will use a new high-energy-density battery in its G-Class from 2025 that uses a silicon-based anode and has a 20-40 percent higher energy density than comparable batteries currently available. The market potential of silicon-based anodes has gradually opened up, and it has begun to appear in power tool batteries, High-end digital batteries, and power batteries.

According to reports, the battery is provided by CATL, and the anode material is from Sila Nanotechnologies (“Sila Nano”), a California-based startup founded by a former Tesla engineer.



https://www.takomabattery.com/catl-supplies-mercedes-benz-high-energy-density-battery/#:~:text=What is a silicon-based anode battery Silicon-based anode,higher energy density than comparable batteries currently available.

Mercedes-Benz transitions to full electric​

On July 22 last year, Mercedes-Benz held a strategic conference on the transformation from “electricity first” to “full electric”, and plans to achieve a full electric pattern by 2030.

Among them, in terms of battery technology route, Chief Technology Officer Sajjad Khan said that the next-generation power battery will adjust the chemical composition according to the needs of customers in different markets.

It will cooperate with battery material company SilaNano and other partners in anode technology, and increase the battery energy density to 900Wh/L through silicon-based anode technology; in the future, it will strengthen cooperation with partners to further promote high-silicon anode technology.

It now appears that SilaNano’s silicon-based anode technology has basically matured and is about to be commercialized, and Mercedes-Benz will also be equipped with power batteries using this technology
.


https://group-media.mercedes-benz.c...production-site-in-Hungary.xhtml?oid=53887333

Mercedes-Benz expands battery supply partnership with CATL on its way towards going Electric-Only: New production site in Hungary

Aug 12, 2022
Stuttgart (Germany)
  • Electrification ramp up accelerated: Contemporary Amperex Technology Co., Limited (CATL) plant marks the next milestone towards Mercedes-Benz’s goal of reaching production capacity of more than 200 Gigawatt hours at 8 global production sites by the end of decade
  • European cells secured: Hungarian plant supports Mercedes-Benz local-for-local strategy through use of Hungary sourced CATL cells for electric vehicle production in Europe
  • Partnership expanded: Mercedes-Benz and CATL join forces in Hungary with new battery-cell factory following alliance initiated in 2020. Mercedes-Benz will be the first partner to receive battery cells from the Hungarian plant with the largest initial order volume
  • Sustainable production in line with Ambition 2039: CATL’s cell production in Hungary for next generation Mercedes-Benz models will be CO2 neutral, audited by third party companies
Mercedes-Benz is taking another step to scale up development and production of next-generation high-performance battery cells and modules on its path to an all-electric future. The new CATL plant in Debrecen, Hungary will supply battery cells for European production sites in Germany and Hungary.
The new factory in Hungary expands a partnership between Mercedes-Benz and CATL which was first announced in August 2020 and marks the next milestone in a local-for-local purchasing strategy. Mercedes-Benz has chosen CATL, a global leader of new energy innovative technologies, to expand its global procurement of battery cells, as the world’s most valuable luxury automotive brand plans to build more than 200 Gigawatt Hours in battery capacity by the end of the decade.
The plant will provide battery cells for the next generation Mercedes-Benz models. The Stuttgart-based luxury car maker with the three-pointed star is thereby enforcing its "Electric Only" strategy with advanced, CO2 neutrally produced battery cells, modules and systems supplied by CATL. For the first time, the CO2 neutral battery cell production for the latest Mercedes-Benz models was audited and certified by third party companies DEKRA and SGS. In line with this strategy, the new CATL plant in Hungary will also produce battery cells for Mercedes-Benz CO2 neutrall
y.
“This new state-of-the art European CATL plant in Hungary is another milestone for the scale-up of our EV production together with our key partners,” said Markus Schäfer, Member of the Board of Management of Mercedes-Benz Group AG, CTO responsible for development and procurement, “With CATL we have a technology-leader as our partner to provide us – as the first and biggest customer of the new plant’s initial capacity – with top-notch CO2 neutral battery cells for our next generation EVs in Europe, hence following our local-to-local approach in procurement. We’re proud to see our Ambition 2039 supported by CATL’s commitment to CO2 neutral production in Hungary.”

... although it's not clear where CATL will be sourcing it's graphite.

They are getting their silicon from Sila NanoTech in the US.

CATL have just deferred a decision on building a US gigafactory because of US local content requirements (something we were told by the Americans (free market fundamentalism)* was anathema back in the 80's when we had local manufacturing).

*Is it permissible to use "d!ckheads" and "economists" in the same sentence?
Somehow I had CATL for the EQXX in my head all along, but I can't remember why. For me it's not a big deal that we weren't ready to deliver the anode for it. The question remains whether MB will only supply them or diversify the supply chain. Moreover, as you have already noted, MT has mentioned that the demand for Talnode-Si is unexpectedly high, it goes faster than expected. Perhaps MB is in the game after all and/or another interested party? Why else would he mention it. There are also the other ACC partners. It's not nice to read that, but we know that not everything is coming our way. I can imagine that they are on several tracks and that there are other interested parties. Otherwise, the non-binding off-take would not have referred only to Talnode-C. We didn't ask ourselves why it didn't also say Si. When the EQXX was developed, we were not yet ready. And there definitely seems to be room for good and cost-effective competitors. The demand is becoming huge. So in summary, I'm not surprised, strangely enough. I don't know exactly why. Maybe because of NV and their solid partner which is not us.
If I'm honest I didn't expect anything from MB with the Farasis thing. That's why ACC surprised me so much. But let us not forget the partners, ACC is not only MB. For now I am very happy to have a/one foot in the door. That is enough to convince. It may also be that MT's statement refers precisely to this matter and that the topic was openly discussed. According to the motto: first make sure you get to the start, then we'll talk again. The need is there anyway.

___
and of course => "... although it's not clear where CATL will be sourcing it's graphite."
Same question for NV
 
  • Like
Reactions: 3 users

Semmel

Top 20
Sila comes up every other month. Last time I checked (which is about a year ago), they didnt have a viable product, but this is now some time ago. Does anyone know if their anode is actually useful in EV applications? They had some lab-scale samples but I dont know if they have a scalable process, if their product works at all in EV applications and at what cost that would provide battery anode.
 
  • Like
Reactions: 1 users
OK so Webinar is on next Thursday 3 November 1:30pm AEST and then the AGM is on 21 days later.

Are we expecting an announcement in the coming few days other than the Quarterly ?

Seems strange that MT is going to be taking questions from shareholders on 2 occasions this month.

Yes I realise the AGM questions are not webcast but still ????????????????
 
  • Like
Reactions: 3 users

TentCity

Regular
OK so Webinar is on next Thursday 3 November 1:30pm AEST and then the AGM is on 21 days later.

Are we expecting an announcement in the coming few days other than the Quarterly ?

Seems strange that MT is going to be taking questions from shareholders on 2 occasions this month.

Yes I realise the AGM questions are not webcast but still ????????????????
I am expecting (hoping) there will be at least 1 more offtake deal, separate to the ACC agreement between now and the AGM based on Mark’s comments in recent interviews.

It is good to see Mark keeping up the investor engagement by holding another investor webinar so soon after the last one. A cynic might have suggested he only did it to raise interest ahead of the cap raise, so personally, I am glad he is keeping it up despite having all the capital required for now.
 
  • Like
Reactions: 3 users
I am expecting (hoping) there will be at least 1 more offtake deal, separate to the ACC agreement between now and the AGM based on Mark’s comments in recent interviews.

It is good to see Mark keeping up the investor engagement by holding another investor webinar so soon after the last one. A cynic might have suggested he only did it to raise interest ahead of the cap raise, so personally, I am glad he is keeping it up despite having all the capital required for now.
Yeah there must be some good news other than the Quarterly otherwise I don't get facing shareholder questions twice in a month
 
  • Like
Reactions: 2 users

TentCity

Regular
Yeah there must be some good news other than the Quarterly otherwise I don't get facing shareholder questions twice in a month
Did you or anyone happen to catch Martin Philips presenting last night at the EU event? Would love a quick summary/run down from anyone of any key highlights?

Nice timing that presentation too as the the EU have just legislated the 2035 end date for ICE vehicles. Mark just tweeted about it a few hours ago.

It’s very reassuring having the EU using Talga as the poster boy for sustainable critical raw materials mining on the continent. Permits and EU funding looking very promising indeed.
 
  • Like
Reactions: 4 users
Top Bottom