Talga Group Ltd. · ASX:TLG
Talga — Investor Presentation (February 2023)
28 slides from Talga's investor presentation, Feb 16, 2023
Slide 1: Talga Webinar Presentation
ASX Release ASX:TLG 16 February 2023 Talga Webinar Presentation For personal use only Battery materials company Talga Group Ltd (“Talga” or “the Company”) (ASX:TLG) is pleased to provide a copy of the presentation delivered by the Company’s Managing Director Mark Thompson during today’s investor web
Slide 2: Quarterly Investor Webinar
For personal use only Talga Group Ltd Quarterly Investor Webinar 16 February 2023 © Talga Group Ltd, February 2023
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. For personal use only Niska Scoping Study The Niska Scoping Study is a preliminary technical and economic study of the potential viability of developing the Nunasvaara North, Niska S
Slide 4: Corporate Overview
Corporate Overview CAPITAL STRUCTURE For personal use only Market Capitalisation: $565M ASX:TLG (12 months) Listed Shares: 334.3M Unlisted Options: 12.1M (1) Cash as at 31 December 2022: $23.3M MAJOR SHAREHOLDERS Kinetic Investment Partners 4.8% Mark Thompson – M. Director 4.3% Pentwater Capital Man
Slide 5: Talga Group
Talga Group For personal use only Battery and advanced material supplier with 100% owned graphite resources in Sweden Strong in-house expertise spans battery materials and processing technology, product development and marketing as well as mineral exploration and mining Talga is differentiated by: F
Slide 6: Talga Operations
Kiruna Talga Operations Luleå For personal use only Osaka Perth, Australia Stockholm Group head office Luleå & Kiruna, Sweden Rudolstadt Anode production & graphite deposits Cambridge Cambridge, UK Product and R&D technology centre Rudolstadt, Germany Production process pilot facility & EU customer
Slide 7: Our Mission
Our Mission For personal use only to enable the world’s most sustainable batteries and consumer products through innovative graphitic materials
Slide 8: Talga Technology and Products Map
Talga Technology and Products Map Diverse range of battery and advanced materials produced from graphite sources For personal use only Refining & Advanced Talga Customer Mining Processing Processing Products Applications Swedish Natural TLG Process Talphite® Talnode®-C Graphite Ore Technology Talnod
Slide 9: Anode industry poised for growth
Anode industry poised for growth For personal use only Forecast Battery Anode Demand Q4 2022 EV sales rose, full year sales 8.0 expected to reach over 10 million units Auto demand for anode material also 6.0 continued to rise throughout Q4 2022 Natural graphite anode prices remained Million MWh larg
Slide 10: European location near to vast battery demand
European location near to vast battery demand Planned battery capacity >1.1TWh by 2030 requires >1.3Mt graphite anode per annum For personal use only Source: Cic Energigune, June 2022, Benchmark Mineral Intelligence, January 2022, 9 Benchmark Mineral Intelligence, Lithium Ion Battery Gigafactory Ass
Slide 11: Talnode-C performance characteristics
Talnode®-C performance characteristics For personal use only Energy Density High energy density for increased range or lighter weight Faster Charging Fast charge rate and higher regen-braking energy recovery Lower Cell Resistance High conductivity decreases thermal build up, improves safety Cold Per
Slide 12: Progressing anode offtakes
Progressing anode offtakes For personal use only Talga is actively negotiating agreements with battery and auto OEM customers for anode supply from the Vittangi Anode Project ACC (co-owned by Mercedes-Benz, Stellantis, and Saft) non-binding offtake term sheet for: Supply of 60,000 tonnes of Talnode®
Slide 13: First coated anode plant in Europe
First coated anode plant in Europe For personal use only Electric Vehicle Anode (EVA) Plant, Sweden Producing large-scale coated anode for auto OEM battery customer qualifications (A-C sample) Proprietary ore-to-coated shaped purified graphite (CSPG) technology In-house Battery and Powder Laboratory
Slide 14: Talnode-Si Silicon Anode
Talnode®-Si Silicon Anode For personal use only Talnode®-Si is a Gr-Si composite undergoing qualification and testing with numerous customers Composite contains ~50% Si and can be ‘dropped in’ to existing commercial anodes German Talnode®-Si pilot plant expanding production (commissioning in Q1 2023
Slide 15: Silicon anode market growth
Silicon anode market growth For personal use only Silicon in batteries can boost energy density, but has practical problems limiting large- volume use Graphene-silicon (Gr-Si) composite anode boosts performance while retaining usability Gr-Si anode expected to comprise 5% market share by 2025 (4680
Slide 16: Recycling to produce new Talga products
Recycling to produce new Talga products For personal use only Recycling or repurposing graphite anode has sustainability benefits while also diversifying commercial prospects • EU has made ambitious legislative proposals on recycling battery metals • As an organic material, graphite refined into bat
Slide 17: Permits update
Permits update For personal use only Nunasvaara South environmental permit hearing commenced 31 January 2023 and expected to conclude 23 February 2023 Decision date regarding the granting of the environmental permit is expected to be published at the end of the hearing Announcement of environmental
Slide 18: European Funding
European Funding For personal use only European Investment Bank appraising up to EUR300m for Vittangi Anode Project, pending final due diligence, credit approvals and agreements Discussions progressing with multilateral financial institutions, development banks and export credit agencies with due di
Slide 19: Environment and Community
Environment and Community For personal use only Talga is committed to operating sustainably • Team of environmental scientists ensures best practice, monitoring and rehabilitation • Full time Community Liaison Coordinator engages locally in Vittangi and Luleå • Ongoing dialogue with stakeholders inc
Slide 20: EU Policy Momentum
Martin Phillips, Talga Europe CEO; and Ebba Busch, Minister for Energy, Business and Industry and Deputy Prime Minister of Sweden EU Policy Momentum For personal use only Green Deal and response to USA Inflation Reduction Act driving new actions to establish local battery supply chains Critical Raw
Slide 21: Partnerships for a greener future
Partnerships for a greener future Customers and development partners under public partnerships and more under non-disclosures For personal use only 20 Source: ASX:TLG 30 Oct 2015 and 5 Feb, 26 Mar, 4 Sep 2018 And 15 Jan, 2 Oct, 8 Oct, 24 Oct 2019 And 31 Jan, 20 Mar, 13 May, 27 May, 24 June, 2 Nov, 2
Slide 22: Targeted catalysts and milestones
Targeted catalysts and milestones For personal use only Decision on mine environmental permit CY2023 project financing and commencement of construction Commercial agreements: >20 battery and auto customers receiving Talnode®-C for large-scale EV battery qualification and procurement processes Commer
Slide 23: www.talgagroup.com
For personal use only www.talgagroup.com ASX:TLG
Slide 24: Path to >100,000tpa anode production
Path to >100,000tpa anode production Niska adds to Vittangi to make Talga one of the largest anode producers outside China For personal use only Niska North Niska Expansion(1) (2020 Scoping Study) Nunasvaara South(1) Talnode®-C 84,700tpa (2021 DFS) Talphene® 8,470tpa Niska South Talnode®-C 19,500tpa
Slide 25: Experienced Board and Management Team
Experienced Board and Management Team Strong technological and operational leadership with on the ground European presence For personal use only Board of Directors Terry Stinson Mark Thompson Grant Mooney Steve Lowe Ola Rinnan Non-Executive Chairman Managing Director & Founder Non-Executive Director
Slide 26: JORC Graphite Reserve and Resources
JORC Graphite Reserve and Resources For personal use only Ore Reserve 3, 5 Tonnes Graphite (% Cg) Nunasvaara (JORC 2012) 2,260,140 24.1 Probable 2,260,140 24.1 Mineral Resources 1, 2, 4, 6, 7, 8 Tonnes Graphite (% Cg) Vittangi (JORC 2012) 30,100,000 24.1 Indicated 22,600,000 24.9 Inferred 7,500,000
Slide 27: JORC Exploration Target
JORC Exploration Target For personal use only 2021 Exploration Target Vittangi Graphite Project 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 For personal use only The Vittangi Mineral Resource estimate was first reported in the Company’s announcement dated 27 May 2022 titled ‘Talga’s battery anode growth ambitions boosted with 54% graphite resource increase’. The Company confirms that it is not aware of any ne