Talga Group Ltd. · ASX:TLG

Talga — Talga Resources — Investor Presentation (August 2020)

23 slides from Talga's investor presentation, Aug 20, 2020

  1. Slide 1: Investor Presentation

    For personal use only Talga Resources (ASX:TLG) Investor Presentation © TALGA RESOURCES LTD, 20 AUGUST 2020

  2. Slide 2: Becoming a significant and vertically integrated producer of anode products

    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

  3. 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: A$147M Listed Shares: 243.7M Unlisted Options: 7.0M Cash: A$5.1M MAJOR SHAREHOLDERS Smedvig – Family Office 10.47% Mark Thompson – M. Director 5.88% SHAREHOLDERS

  4. 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

  5. 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 type processing technology in-house material engineering technology Strong technology capability with over 20 PhDs and Engineers with energy produ

  6. 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

  7. Slide 7: Fastest Growing Battery Capacity

    Fastest Growing Battery Capacity 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

  8. Slide 8: EV Sales Accelerating

    EV Sales Accelerating For personal use only European EV sales take off in the quarters prior to COVID-19, driven by lower price models becoming available EV demand expected to grow ten-fold by 2028 (from 2019 base) but could be more as emission-subsidies and legislation clip economics of internal co

  9. Slide 9: Building the Solution

    Building the Solution For personal use only An integrated anode supply chain in northern Sweden with anode refinery to be built in Luleå fed by graphite concentrate from wholly owned Vittangi mine Planned 19,000tpa of anode production for 22 years from 2023 following Electric Vehicle Anode pilot pla

  10. Slide 10: Battery Anode Range

    Battery Anode Range For personal use only Talga-developed active anode products designed for current and emerging Li-ion battery applications Talnode™-C: Engineered graphite for fast charge, high power, high capacity and excellent low temperature performance Talnode™-Si: Silicon-graphene composite a

  11. Slide 11: Position in the Supply Chain

    Position in the Supply Chain With the capability to sell directly to end users Talga’s peers are chemical companies, not miners For personal use only Raw Materials Coated Anode Cell manufacture Power Train OEM Graphite Miners Processors Shapers Purifiers SOURCE: RECRUIT, AVICIENNE. NOTE: SELECTED LI

  12. Slide 12: 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

  13. Slide 13: 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

  14. Slide 14: 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

  15. Slide 15: 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 mark

  16. Slide 16: 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

  17. Slide 17: 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

  18. Slide 18: 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

  19. Slide 19: 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

  20. Slide 20: Appendix

    For personal use only Appendix

  21. Slide 21: 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

  22. Slide 22: 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

  23. Slide 23: 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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