Talga Group Ltd. · ASX:TLG
Talga — Bell Potter Unearthed Natural Resources Conference 2025
28 slides from Talga's conference presentation, Feb 13, 2025
Slide 1: Talga presentation at the Bell Potter Unearthed Conference
ASX Release ASX:TLG 13 February 2025 Talga presentation at the Bell Potter Unearthed Conference Battery materials and technology company Talga Group Ltd (“Talga” or “the Company”) (ASX:TLG) is pleased to provide a copy of the presentation that was delivered by the Company’s Managing Director Mark Th
Slide 2: Talga Group Ltd: the integrated battery materials and technology company
For personal use only Talga Group Ltd (ASX:TLG) the integrated battery materials and technology company Bell Potter Unearthed Natural Resources Conference © Talga Group Ltd, 13 February 2025
Slide 3: Cautionary Statement and Disclaimer
Cautionary Statement and Disclaimer Talga Group Ltd ACN 138 405 419 (the Company) is the issuer of this presentation. Forward-looking statements This presentation contains forward-looking statements. Those forward-looking statements reflect views held only as at the date of this presentation. Any su
Slide 4: Integrated anode producer
Integrated anode producer Core technology produces Li-ion battery active anode products from 100% owned natural graphite as well as recycled feedstocks For personal use only Talga Mine Recyclers Purification Shaping Coating Talnode® Cell Manufacturer Graphite Talga Production Technology Feedstock 3
Slide 5: Talga Investment Highlights
Talga Investment Highlights High Growth • Continued global electrification and energy storage growth (total EV, For personal use only Market BESS & 3C markets) driving long term Li-ion battery anode demand Validated Anode • Proven graphite purification & coating technologies with +3 years industrial
Slide 6: Anode market growth continues
Anode market International Energy Agency report 11/24 on Li-ion battery deployment: growth continues • “…demand growth of Battery Energy Storage For personal use only Systems (BESS) now surpasses the rates of demand growth for light-duty vehicles…” Global battery (graphite anode) demand is still in
Slide 7: Anode material expertise
Anode material Talga has over six years expertise in battery material, processing and production expertise In-house know-how critical for being one of For personal use only few companies outside Asia capable of making anode, with over three years building and operating industrial scale demonstrator
Slide 8: 100% Talga process technology
100% Talga process Our innovations drive commercial advantages and unlock market opportunities technology Talga’s expert R&D team develops, tests and For personal use only optimises Talnode® products at our facilities in UK, Germany and Sweden Talga’s Intellectual Property strategy safeguards right
Slide 9: Intellectual property
Intellectual property For personal use only Significant IP portfolio across 16 patent families including: • Anode particle shaping & coating • Graphite purification process • Anode & graphene from recycling • Silicon anode production process • Graphene production process • Graphene coatings, composi
Slide 10: 100% owned critical raw material resources
100% owned critical raw material resources For personal use only Largest and highest-grade natural graphite resources in Europe - total JORC Mineral Resources of 70.8 million tonnes across three projects Aero Lithium Project 270km2 area with pegmatite hosted rock samples up to 1.9% Li2O. SQM earning
Slide 11: Product range
Product range For personal use only Talnode®-C Talnode®-C Recycled Talnode®-Si New high-performance Utilises production scrap or Energy boosting composite natural graphite anode black mass from recyclers in silicon-carbon anode made in product that provides proprietary purification low-cost industri
Slide 12: Vittangi Anode Project
Vittangi Anode Project Sweden Mine For personal use only ➤ Largest and highest-grade natural graphite resources in Europe, integrated with downstream anode production refinery ➤ Planned (Stage 1) production of 19,500tpa for >20 years from ore reserve of 2.0Mt at 24.1%Cg ➤ Significant expansion poten
Slide 13: Competitive Anode Cost Profile
Competitive Anode Cost Profile Combining Talga’s high grade, 100% anode size flake deposit with low-loss process technology and low energy costs results in globally competitive costs For personal use only Cost Curve depicting cash operating cost position (excluding profit and surcharges such as taxe
Slide 14: Cleaner anode production
Cleaner anode CO2-eq per kg of anode active material production 23.1 For personal use only Renewable electricity, high-grade graphite ore and high-yield process technology result in lower carbon footprint -92% 14.2 92% less emissions Cradle-to-gate peer-review LCA conducted to ISO 14040:2006 and 140
Slide 15: Vittangi Anode Project Financing
Debt consortium finalised, cornerstoned by European Investment Bank approval for €150 Vittangi Anode Project million alongside leading investment banks and credit agencies for balance of target Financing For personal use only €70 million grant towards Anode Refinery awarded by EU Innovation Fund Pro
Slide 16: Geopolitical drivers improving
Geopolitical drivers improving European Commission creating support for new local battery material supply For personal use only Current Anode Production Reliant on China Critical Raw Materials Act now in force Strategic Projects with accelerated permits and funding access to be announced end Q1 2025
Slide 17: Market Outlook: consensus on upside returning in 2025
“Graphite price was down 10-15% last year but Market Outlook our graphite (equities) basket down 50%... graphite prices are (now) in the cost curve, they Consensus on upside can’t really go materially lower than this.” For personal use only Source: Battery Materials Review returning in 2025 “Battery
Slide 18: Development: Talnode-C Recycled Series
Development: Talnode®-C Recycled Series Talga’s innovative process and For personal use only Black production technologies applies to Coating Mass recycled graphite from black mass Opportunity to expand commercial sites and production synergies more globally Strong demand from auto OEMs Graphite Use
Slide 19: Group investment summary
Group investment summary For personal use only Growth market Green Leader Strategic Battery graphite anode and 92% less GHG emissions than Tier 1, high-grade, long-life recycling tech, plus silicon and Chinese anode incumbents. graphite deposit. Largest next gen anode products resource in Europe Loc
Slide 20: Capital Structure and Corporate Overview
Talga Group Ltd Capital Structure Research coverage Market Capitalisation $195.4M Corporate Overview Listed Shares 429.35M For personal use only Unlisted Options 56.8M1 Cash as at 31 Dec 2024 A$18.1M Note: Market capitalisation as at 12 February 2024. (1) Unlisted options include performance rights
Slide 21: Talga Group Operations
Talga Group Operations For personal use only Sweden United Kingdom Talga AB Talga Technologies Limited Södra Kungsgatan 5B Conqueror House 972 35 Luleå, Sweden Chivers Way t: +46 (0) 10-303 71 00 Histon, Cambridge e: kontakt@talgagroup.com CB24 9ZR, England t: +44 1223 420416 Skeppsbron 26 e: info.u
Slide 22: www.talgagroup.com
For personal use only www.talgagroup.com ASX:TLG
Slide 23: Talga Group Board of Directors
Talga Group Board of Directors For personal use only Terry Stinson Mark Thompson Grant Mooney Steve Lowe Ola Rinnan Chair Managing Director Non-Executive Director Non-Executive Director Non-Executive Director Over 35 years’ Executive and Over 30 years’ global experience Strong corporate advisory Str
Slide 24: Talga AB Board of Directors
Talga AB Board of Directors For personal use only Eva Nordmark Anders Granberg Ola Rinnan Martin Phillips Mark Thompson Chair Director Director Director Director Former Swedish Minister of A prominent industry figure in Extensive commercialisation and Experienced commercial and Over 30 years’ global
Slide 25: Group Executive Management Team
Group Executive Management Team For personal use only Martin Phillips Anna Motta Per-Inge Kruse Eva Pijnenburg Chief Executive Officer Chief Technology Officer Director BD & Strategic Alliances Director People & Culture, H&S 25+ years of global metals and mining 20+ years of expertise in carbon 20+
Slide 26: JORC Graphite Reserve and Resources
JORC Graphite Reserve and Resources Ore Reserve 3, 5 Tonnes Graphite (% Cg) Nunasvaara (JORC 2012) 2,260,140 24.1 For personal use only Probable 2,260,140 24.1 Mineral Resources 1, 2, 4, 6, 7, 8 Tonnes Graphite (% Cg) Vittangi (JORC 2012) 35,020,000 23.8 Indicated 26,691,000 24.3 Inferred 8,329,000
Slide 27: JORC Exploration Target
JORC Exploration Target 2021 Exploration Target Vittangi Graphite Project For personal use only Vittangi (JORC 2012) Low High Tonnage Range 170Mt 200Mt Grade Range 20% Cg 30% Cg Note that the potential quantity and grade of the Exploration Target is conceptual in nature, there has been insufficient
Slide 28: Competent Person Statements
Competent Person Statements The Vittangi Mineral Resource estimate was first reported in the Company’s announcement dated 6 October 2023 titled ‘Talga boosts Swedish battery graphite’. The Company confirms that it is not aware of any new information or data that materially affects the information in
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