Talga Group Ltd. · ASX:TLG
Talga — Talga Resources — Benchmark Mineral Intelligence World Tour London 2019
31 slides from Talga's conference presentation, Jun 24, 2019
Slide 1: Talga Presentation at Benchmark Minerals World Tour event in London
ASX Release 24 June 2019 ASX:TLG Talga Presentation at Benchmark Minerals World Tour event in London For personal use only Advanced materials technology company, Talga Resources Ltd (“Talga” or “the Company”) (ASX:TLG), is pleased to provide a copy of the presentation delivered today, 24th June 2019
Slide 2: Swedish Graphite Anode Project
For personal use only Swedish Graphite Anode Project Developing European graphite anode for lithium-ion batteries Dr Sai Shivareddy Benchmark Mineral Intelligence London, 24 June, 2019
Slide 3: Forward Looking Statements & Disclaimer
FORWARD LOOKING STATEMENTS & DISCLAIMER For personal use only This presentation has been prepared by Talga Resources Ltd (ACN 138 405 419) (“Issuer”) for the sole purpose of providing an overview of its current prospects and proposed exploration and development strategy to recipients (“Recipient”).
Slide 4: Talga – Specialty Carbons for a Cleaner World
TALGA – SPECIALTY CARBONS FOR A CLEANER WORLD The right assets at the right time and place For personal use only Developing Europe’s first and largest Li-ion battery anode supply in Sweden Talnode®-C Anode Utilising wholly owned technology, world-class graphite deposits and clean low- cost power to
Slide 5: "Right Time" - High Growth Market
“RIGHT TIME”- HIGH GROWTH MARKET Graphite demand for li-ion battery anodes to exceed 2 million tonnes by 2028 and 13 million tonnes by 2040 For personal use only Note this is in addition to existing graphite markets in electrodes, refractories, industrial uses etc Source: Benchmark Mineral Intellige
Slide 6: "Right Place" – Europe
“RIGHT PLACE” – EUROPE Europe currently produces <4% global mined graphite, yet will require over 348,000tpa anode graphite by 2028 For personal use only Source: Benchmark Mineral Intelligence Benchmark Minerals Intelligence World Tour / 24 June 2019, London, UK / © Talga Resources Ltd 5
Slide 7: The Sweden Solution – Vittangi Project Anode Production
THE SWEDEN SOLUTION – VITTANGI PROJECT ANODE PRODUCTION Integrated open-cut graphite mine, concentrator and refinery producing sustainable li-ion battery graphite anode For personal use only Benchmark Minerals Intelligence World Tour / 24 June 2019, London, UK / © Talga Resources Ltd 6
Slide 8: Talga European Operations
TALGA EUROPEAN OPERATIONS Vertically integrated company with control of mine-to-product development, perfectly located on doorstep of countries undergoing rapid ‘green-technology’ adoption For personal use only 100%-owned graphite deposits northern Sweden 100%-owned pilot test process facility Thuri
Slide 9: A New European Source of Li-ion Battery Anode Material
A NEW EUROPEAN SOURCE OF LI-ION BATTERY ANODE MATERIAL Long life mine supply supporting a robust, high margin project in a tier 1 jurisdiction For personal use only Conventional open-pit 100,000tpa mining operation with on-site concentrator at Vittangi and anode refinery at port of Luleå Toll primar
Slide 10: PFS Highlights - High Margin Operation
PFS HIGHLIGHTS - HIGH MARGIN OPERATION Pre-Feasibility Study (May 2019) demonstrates technically & financially robust long-life operation For personal use only Metric PFS Talnode®-C production 19,000tpa Ore mining rate 100,000tpa Life of Mine (LOM) 22 years Pre-tax NPV8 (real) US$1,056m Pre-tax IRR
Slide 11: Production of Active Anode Material for Li-ion Batteries
PRODUCTION OF ACTIVE ANODE MATERIAL FOR LI-ION BATTERIES Talnode-C product sold directly to customers for final manufacture of coated current collector For personal use only A fully coated anode powder ready for mixing and coating on current collector in Li-ion battery production line Benchmark Mine
Slide 12: Our Customers Are Cell Makers & Anode Specifying OEMs
OUR CUSTOMERS ARE CELL MAKERS & ANODE SPECIFYING OEM’S Value-added anode product and technology positions Talga deeper in supply chain Raw Materials Battery Materials Cell manufacture Battery Packs OEM For personal use only Anode Graphite, Cobalt etc. Additives & Solvents Cathode Electrolyte Lithium
Slide 13: Staged Development Underway
STAGED DEVELOPMENT UNDERWAY High value, low volume operation lowers environmental footprint For personal use only TALGA TRIAL MINING, NUNASVAARA 2015-16 Talga has operated successfully with all stakeholders in Sweden since 2012 including trial open cut mining of Nunasvaara South in 2016 (pictured ab
Slide 14: Talga Advantages - Graphite Resource Grade
TALGA ADVANTAGES - GRAPHITE RESOURCE GRADE For personal use only 30 25 Graphitic carbon (wt%) 20 15 10 5 0 on a n n ln on s n e ign s X rio a n ce h ni cu am go lg On ra ra IM er ito co ur as xt ta ag Ta re Fo ba rth Sy xa Tr Lin ab So Bu On M te ve M Ki He No Al hi xt So ap Ne Gr Source: Company da
Slide 15: Vittangi Clear Growth Potential
VITTANGI CLEAR GROWTH POTENTIAL Kilometres of graphite zones being defined along strike from Nunasvaara resource and in nearby Talga projects For personal use only Vittangi PFS based solely on Ore Reserve of 1.9Mt @ 23.5% TGC as part of global Indicated MRE of 10.7Mt @ 25.7% Cg (Golders, UK) High gr
Slide 16: Talnode Development
For personal use only Talnode® Development A new class of high- performance, low-cost graphitic carbon anode products Pouch cell prototype developed with Talnode® product
Slide 17: Experienced Battery Team
EXPERIENCED BATTERY TEAM Claudio Capiglia Ph.D. Sai Shivareddy Ph.D. For personal use only Director of Battery Technologies Manager – Energy Storage Over 20 years experience in the battery industry in Japan. Heads up Talga’s development of advanced carbon Exclusive know-how of the research, developm
Slide 18: Battery Products
BATTERY PRODUCTS Talga battery technologies developed in-house and with quality commercial partners, including funding assistance from Innovate UK’s Faraday Challenge programs For personal use only High Performance Engineered graphite anode for stable lifetime and 20% higher capacity: Talnode®-C Fas
Slide 19: Approach for Optimal Graphite Anode Particle Design
APPROACH FOR OPTIMAL GRAPHITE ANODE PARTICLE DESIGN Design criteria being carbon source, particle size, shape, surface functional groups, coating and orientation For personal use only Collector (Cu) Collector (Cu) Anisotropic particle orientation Right Crystallite and particle size in conventional f
Slide 20: Talga Advantage - Unique Ore
TALGA ADVANTAGE - UNIQUE ORE Uniquely formed highly crystalline flake graphite naturally sized for anode particles For personal use only Vittangi graphite formed from a 2 billion year deposit of microbes naturally crystallised at low temperature, high pressure and ultra-fine size High crystallinity,
Slide 21: Outstanding Freezing Temperature Performance
OUTSTANDING FREEZING TEMPERATURE PERFORMANCE Retention of 100% capacity and 100% cycle efficiency at freezing temperature (0°C) For personal use only 120% 100% Capacity Retention 80% 60% 40% 20% 0% 25°C 0°C Market Leader Talnode®-C See ASX:TLG 21 Mar 2019 Benchmark Minerals Intelligence World Tour /
Slide 22: Endurance Under High Power and Fast Charge
ENDURANCE UNDER HIGH POWER AND FAST CHARGE High efficiency in real-world endurance test at low temperature For personal use only Time (s) for cell voltage to fall below 3.2V, at 14°C Talnode™-C Market Leader 1 THE LACAMA, DEVELOPED BY IV ELECTRICS Market Leader 2 0 500 1000 1500 2000 2500 The ‘Stelv
Slide 23: Talnode-C Outperforms Synthetic Graphite
TALNODE®-C OUTPERFORMS SYNTHETIC GRAPHITE Shows higher capacity at all C rates tested and this is retained even after trials at 10C For personal use only Multirate Testing 1 0.9 0.8 Normalised capacity 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0 0.5C 1C 2C 5C 10C 0.5C Talnode®-C Commercial Synthetic Benchmark Min
Slide 24: Technology Summary
TECHNOLOGY SUMMARY Talga is planning to mass produce anode materials for current gen Li-ion batteries For personal use only Talga has developed high performance graphitic battery materials enabled by its unique: ore type processing technology in-house material engineering technology Tests with Talno
Slide 25: Corporate Overview
CORPORATE OVERVIEW DIRECTORS SHARE PRICE PERFORMANCE FINANCIAL INFORMATION (ASX:TLG) For personal use only Share price (A$) 12 months Volume (m) ~4,900 Terry Stinson Shareholders Non-Executive Chairman Share price A$0.48 52 week low / high A$0.325 / A$0.73 Mark Thompson Shares outstanding 1 218.8m M
Slide 26: Why Talga?
WHY TALGA? Investment Case Summary For personal use only Right place and right time: booming EU battery supply chain growth Advantages over peers and incumbents: higher grade resources and anode processing yields provide lower processing costs and more sustainable low-CO2 production in first class j
Slide 27: Contact Us
CONTACT US Talga Resources Ltd First Floor, 2 Richardson Street, West Perth WA 6005, Australia For personal use only P| +61 8 9481 6667 E| admin@talgaresources.com W| www.talgaresources.com ___________________________________________ Talga Technologies Limited The Bradfield Centre, 184 Cambridge Sci
Slide 28: Appendix and Statements
APPENDIX AND STATEMENTS Competent Person’s Statements The information in this document that relates to exploration results is based on information compiled by Amanda Scott, a Competent Person who is a Member of the Australian Institute of Mining and Metallurgy (Membership No.990895). Amanda Scott is
Slide 29: Definitive Feasibility Study Underway
DEFINITIVE FEASIBILITY STUDY UNDERWAY 2019 2020 2021 2022 2023 2024 For personal use only Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Trial Mine Approval Definitive Feasibility Study STAGE 1 Mining & Ore Processing Design & Construction Commissioning Talnode®-C Production
Slide 30: Smaller Is Better
SMALLER IS BETTER Market trend is to faster charge and more power for many battery applications. Anodes with smaller graphite particle size such as Vittangi’s offers the kinetics to address the market. For personal use only Standard anode Vittangi anode particle = particle = greater distance less di
Slide 31: Graphite Inventory
GRAPHITE INVENTORY Nunasvaara JORC (2012) Mineral Resource (17% Cg cut-off) Talga Graphite Exploration Targets ² 0-100m Depth For personal use only JORC 2012 Tonnes Graphite (%Cg) Exploration Classification Project Tonnes (0-100m Vertical Depth) Graphite (%Cg) Target Indicated 10,700,000 25.7 Inferr
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