Talga Group Ltd. · ASX:TLG
Talga — Talga Resources — Investor Presentation (September 2020)
25 slides from Talga's investor presentation, Sep 1, 2020
Slide 1: Talga Resources Webinar Presentation
For personal use only Talga Resources (ASX:TLG) Webinar Presentation © TALGA RESOURCES LTD, 1 SEPTEMBER 2020
Slide 2: Becoming a significant and vertically integrated anode producer
Talga (ASX:TLG) For personal use only Becoming a significant and vertically integrated producer of lithium-ion battery anode products and technologies Talga is building an integrated graphite anode facility in Sweden running on 100% renewable electricity, to produce ultra-low emission coated anode f
Slide 3: Corporate Overview – Capital Structure
Corporate Overview CAPITAL STRUCTURE For personal use only ASX Listing Code: TLG ASX:TLG SHARE PRICE (YEAR TO DATE) Market Capitalisation: $158M Listed Shares: 264.1M Unlisted Options: 7.0M Cash (30 Jun 2020): $5.1M Placement (Aug 2020) $10.0M MAJOR SHAREHOLDERS Smedvig – Family Office 9.7% JP Morga
Slide 4: The Opportunity
The Opportunity For personal use only Long term Li-ion battery boom has commenced driven by sustainability legislation, consumer demand and lower price EVs Anode (a highly refined and coated form of graphite) is ~50% of the battery volume active ingredients The fastest growing market in the world is
Slide 5: In-house Expertise
In-house Expertise For personal use only Talga develops high performance Li-ion anodes and battery materials enabled by its unique: natural carbon source processing technology in-house product technology Strong technology capability with over 20 PhDs and Engineers with energy product experience incl
Slide 6: Growing Partnerships
Growing Partnerships Confidential qualification processes under active customer engagements including majority of For personal use only announced European Li-ion battery manufacturers and six of the world’s major automotive OEMs SEE: ASX:TLG 30 OCT 2015 and 5 FEB, 26 MAR, 4 SEP 2018 and 15 JAN, 2 OC
Slide 7: Fastest Growing Anode Market
Fastest Growing Anode Market European Li-ion battery manufacturing will require 500,000tpa of new graphite anode by 2029 For personal use only Germany, 2024 Sweden, 2021 16 GWh, later 24 GWh 32 GWh, later 40 GWh Norway, 2024 Norway, 2023 8GWh, later 32 GWh Ramp up to 32 GWh + 2 GWh Germany, 2022 Slo
Slide 8: Electric Vehicle Sales Take-Off
Electric Vehicle Sales Take-Off Long-heralded shift to EV’s accelerating now, driving new demand for Li-ion battery anodes For personal use only EV demand expected to grow ten-fold by 2028 as emission-subsidies and legislation clip economics of combustion engines, creating huge new demand for anode
Slide 9: Building the Solution
Building the Solution For personal use only Talga is building a wholly owned fully integrated anode supply chain in Sweden with development of its anode refinery fed by graphite from Talga’s Vittangi project Planned 19,000tpa of anode production for 22 years from 2023 following Electric Vehicle Anod
Slide 10: Position in the Supply Chain
Position in the Supply Chain Talga’s peers are chemical companies, not miners, and our customers are cell/OEM manufacturers For personal use only Raw Materials Coated Anode Cell manufacture Power Train OEM Graphite Miners Graphite Shapers/ Spheronisers Graphite Purifiers SOURCE: RECRUIT, AVICIENNE.
Slide 11: Low Emission Leader
Low Emission Leader Production emissions becoming more important to customers purchasing decisions For personal use only 900 800 To produce 100GWhr of Li-ion batteries: CO2-emissions (g CO2/kWh) 700 600 Talga’s north Sweden anode production requires 2,300 GWhr power and emits 500 approximately: 100t
Slide 12: Cost Leader
Cost Leader Collective advantages enable Talga to be globally competitive low-cost anode producer For personal use only $9,000 Coated Anode Production Cost (US$/tonne) Highest grade graphite resource $8,000 $7,000 100% anode flake $6,000 (no basket of industrial products) $5,000 $4,000 Very high ano
Slide 13: Project Development Timeline
Project Development Timeline Trial mine approved and full scale mining applications submitted for 2023 production For personal use only 2020 2021 2022 2023 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 25,000 TONNE TRIAL MINE PERMIT MINE PERMIT SUBMISSIONS COMMERCIAL DFS MINE & REFINERY APPROVALS
Slide 14: Talnode Technology Roadmap
Talnode® Technology Roadmap Talga graphite derived battery anode range designed for growth and ‘future-proofing’ For personal use only Silicon Talnode®-Si Silicon-graphene anode Current Anode for higher energy density Solid State Talnode®-C Talnode®-E Graphite anode for large volume, low cost high-p
Slide 15: Talga Growth Strategy
Talga Growth Strategy Growing in line with our target market and our customers For personal use only 2025 EXPANSION 2023 - European megafactory growth COMMERCIAL - Niska expansion - Next generation anodes - European megafactories online - Nunasvaara South production - 19,000tpa refinery anode capaci
Slide 16: Expansion Roadmap
Expansion Roadmap For personal use only Niska Expansion Graphite Resources: 6.5Mt Vittangi Anode Project Development options being defined Graphite Ore Reserve: 1.9Mt Niska Scoping Study: Sep 2020 Production: 19,000tpa Drilling to extend & expand: 2021 Planned Start: Year 2023 SEE: ASX:TLG 24 JUNE a
Slide 17: Recent Milestones
Recent Milestones For personal use only ü Partnerships underway to jointly develop project. A range of major parties are engaged and undertaking detailed diligence and testwork including Mitsui (ASX:TLG 20 Mar 2020) ü 36 commercial engagements for Talnode® underway including qualification for EV mar
Slide 18: Board of Directors
Board of Directors Substantial commercialisation experience across resource, innovation and development projects For personal use only Terry Stinson Mark Thompson Grant Mooney Steve Lowe Ola Rinnan Non-Executive Managing Director Non-Executive Non-Executive Non-Executive Chairman & Founder Director
Slide 19: Key Management Personnel
Key Management Personnel Leading in-house expertise across mine and battery product development For personal use only Martin Phillips Dean Scarparolo Dr. Claudio Capiglia Dr. Anna Motta Chief Operating Financial Director - Battery Head of Technologies Officer Controller Technologies & Advanced Mater
Slide 20: Disclaimer
Disclaimer For personal use only Talga Resources 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 s
Slide 21: Talga Resources Ltd contact details
For personal use only TALGA RESOURCES LTD ASX Code: TLG Head Office: 1st Floor, 2 Richardson Street, West Perth WA 6005, Australia Phone: +61 8 9481 6667 Email: info@talgagroup.com Website: www.talgagroup.com GLOBAL OPERATIONS Talga Sweden: Vänortvägen 2, 981 32 Kiruna, Sweden Talga Sweden: Storgata
Slide 22: Appendix
For personal use only Appendix
Slide 23: PFS Key Outcomes
PFS Key Outcomes For personal use only Confirms technically and financially robust project PARAMETER UNITS OUTCOME Annual ore mining rate tonnes 100,000 Average annual production of Talnode™-C tonnes 19,000 Life of Mine (LOM) years 22 Pre-tax NPV8 (real) $M $1,056 Pre-tax IRR % 55% Total Capex $M $1
Slide 24: JORC Graphite Reserve & Resources
JORC Graphite Reserve & Resources For personal use only Ore Reserve 3, 6 Tonnes Graphite (% Cg) Nunasvaara (JORC 2012) 1,935,000 23.5 Proven 0 0 Probable 1,935,000 23.5 Mineral Resources 1, 2, 4, 5, 7, 8, 9 Tonnes Graphite (% Cg) Vittangi Nunasvaara (JORC 2012) 12,300,000 25.5 Indicated 10,700,000 2
Slide 25: Competent Person Statements
Competent Person Statements For personal use only The Niska Mineral Resource estimate was first reported in the Company’s announcement dated 15 October 2019 titled ‘Talga Substantially Increases Flagship Graphite Resource Size, Grade and Status’. The Company confirms that it is not aware of any new
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