Talga Group Ltd. · ASX:TLG
Talga — UBS Mid & Emerging Resources Day 2024
30 slides from Talga's conference presentation, Mar 19, 2024
Slide 1: Talga Presentation at the UBS Mid & Emerging Resources Day
ASX Release ASX:TLG 19 March 2024 Talga Presentation at the UBS Mid & Emerging Resources Day 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 during the UBS Mid & Emerging Resources Day i
Slide 2: Talga Group (ASX:TLG) UBS Mid & Emerging Resources Day
For personal use only Talga Group (ASX:TLG) UBS Mid & Emerging Resources Day © Talga Group Ltd, 19 March 2024
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. Niska Scoping Study The Niska Scoping Study is a preliminary technical and economic study of the potential viability of developing the Nunasvaara North, Niska South and Niska North g
Slide 4: Talga is a fully integrated battery materials company
Talga Group (ASX:TLG) is a fully integrated battery materials company For personal use only mine-to-battery Emerging producer of greener battery materials including natural graphite anode, silicon anode and recycled materials for use in lithium-ion and other types of rechargeable batteries 3
Slide 5: Graphite is the largest volume mineral of Li-ion cell
Graphite is the largest volume mineral of Li-ion cell For personal use only Li Li Li Cathode Ni Ni Fe+P Graphite is the anode of Mn almost all Li-ion battery Co Co types due to performance, safety and cost Anode Graphite Graphite Graphite LFP NMC 532 NCA 4 Source: Macquarie Research, March 2023.
Slide 6: Geopolitical drivers for battery anode market
Geopolitical drivers for battery anode market Current Anode Production Reliant on China For personal use only New China export permits required from 1 Dec 2023 Natural Spherical Graphite Graphite Graphite Anode New ‘Foreign Entity of Concern’ rules restrict Chinese content for US subsidies New EU re
Slide 7: Building a fully integrated, secure, cleaner graphite anode supply chain in Europe
Talga is building a fully integrated, secure, cleaner graphite anode supply chain in Europe For personal use only Cell Mining and Concentration Shaping and Purification Coating Talnode® Manufacturer Talga in Sweden 6 See: ASX:TLG 1 July 2021.
Slide 8: Active anode production since 2022
Active anode production since 2022 Electric Vehicle Anode (“EVA”) Qualification Plant, Luleå, Sweden For personal use only Operating expertise In-house battery Underpins customer and ISO accreditation labs and QA audits and negotiation 7 See: ASX:TLG 31 March 2022.
Slide 9: 100% owned technology
100% owned technology In-house intellectual property & know-how For personal use only 15 active patent families, 88 applications • Anode particle shaping & coating • Graphite purification process • Anode & graphene from recycling • Silicon anode production process • Graphene production process • Gra
Slide 10: Europe's largest source of natural battery anode graphite
Europe’s largest source of natural battery anode graphite For personal use only Total JORC Mineral Resources of 70.8 million tonnes 100% fine anode-size graphite Deposits remain ‘open’ with vast expansion options 9 See: ASX:TLG 6 October 2023.
Slide 11: Vittangi Anode Project
Vittangi Anode Project Mine north Sweden For personal use only Fully integrated anode production of 19,500tpa anode (Stage 1) for >20 years Outstanding logistics with clean, low-cost power and direct road and rail to customers Europe’s largest and highest grade natural graphite resource: 35.0Mt at 2
Slide 12: Talnode-C
For personal use only Talnode®-C Faster charge Low Temperature Lower Emission High diffusivity with low Retains high capacity and Ultra-low CO2 with EU charge transfer resistance cycle efficiency at freezing origin and LCA for higher power, faster temperature, improving compliance charge and easier
Slide 13: Planned commercial anode refinery, Luleå, Sweden
For personal use only 19,500tpa (16GWh) Using 100% Permitted and graphite anode renewable power construction ready Planned commercial anode refinery Luleå, Sweden 12 See: ASX:TLG 1 July 2021, 17 July and 12 September 2023. Note: GWh equivalence assumes 1.2kg of graphite anode per 1kWh of battery cap
Slide 14: Powered by reliable clean electricity
Powered by reliable Fossil Renewable Nuclear clean electricity For personal use only 30% 29% 21% 67% 100% renewable power used 67% in Talga anode production Sweden Canada China Australia US 13 Source: Electricity generation mix 2021, graph produced using data points from Fastmarkets and IEA.
Slide 15: Cleaner anode production
Cleaner anode CO2-eq per kg of anode active material production 23.1 For personal use only Renewable energy, high-grade graphite ore and high-yield process technology result in lower carbon footprint 92% less emissions -92% 14.2 The cradle-to-gate peer-review LCA was conducted to ISO 14040:2006 and
Slide 16: EU regulatory drivers for Auto OEMs
EU regulatory drivers for Auto OEMs Emission 2025 2026 2028 For personal use only CO2 declaration CO2 performance CO2 max Targets classes threshold Battery Passport2 2035 0% Tailpipe 2025 2031 2032 Emissions1 Entry into Full supply Circularity Circularity, force chain data vehicle passport recycling
Slide 17: Project execution
Project execution For personal use only Refinery site permitted, acquired and A$31 million environmental first stage preparation delivered bond facility secured Mine environmental permit approved, Customer offtakes in appeals review process progressing advanced state Supplier strategy includes Key P
Slide 18: Project financing
Project financing For personal use only Target debt (60%) and equity (40%) Debt consortium selected, underpinned by €150 million approval from European Investment Bank Grant funding and state aid (EU and Member State level) being sought to complement debt consortium Discussions with strategic partne
Slide 19: Growth Project - Silicon anode
Growth Project - Silicon anode Talnode®-Si For personal use only In-demand energy booster for LFP, LFMP and NMC batteries Composite drop-in silicon-graphite additive with ~50% silicon as high energy density (~1,900 mAhg) additive Cost competitive, industrial scalable production method Pilot plant op
Slide 20: Recycled graphite anode
Recycled graphite anode Potential Talnode®-Si and Talnode®-C precursor additive For personal use only Value-adds to Talga purification and process technology Grows product offering for customer demand to meet minimum recycling regulations Reduces synthetic anode dependence and lowers CO2 19 See: ASX
Slide 21: Exploring for growth and added value
Exploring for growth and added value Sweden For personal use only Graphite resources ‘open’ with Vittangi JORC Exploration Target* 170-200Mt at 20-30% graphite to be further drilled out as required Aero Lithium Project – 100% owned hard rock lithium discovery. Surface samples to 1.95%Li2O. Project >
Slide 22: Targeted Catalysts
Targeted Catalysts For personal use only Completion of mine environmental permit appeals (following statutory review process) Binding commercial offtakes and partnerships Finalisation of Project debt commercial funding package and strategic investors to equity Progression of +100ktpa anode productio
Slide 23: Corporate overview
Talga Group Ltd. Kiruna Luleå Corporate overview Osaka For personal use only Capital Structure Major shareholders Stockholm Market Capitalisation $319.0M Pentwater Capital Management 4.2% Listed Shares 379.8M Mark Thompson – M Director 3.8% Rudolstadt Cambridge Unlisted Options 13.4M1 Yandal Investm
Slide 24: Group Executive Management Team
Group Executive Management Team For personal use only Martin Phillips Melissa Roberts Per-Inge Kruse Anna Motta Peter French Eva Pijnenburg Chief Executive Chief Financial Director BD & Strategic Chief Technology Environmental & Director People & Culture, Officer Officer Alliances Officer Community
Slide 25: 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 26: Talga AB Board of Directors
Talga AB Board of Directors For personal use only Per-Erik Lindvall Eva Nordmark Anders Granberg Ola Rinnan Melissa Roberts Martin Phillips Mark Thompson Chair Director Director Director Director Director Director A well-known business Former Swedish A prominent industry Extensive Over 20 years’ Exp
Slide 27: Office locations and contacts
For personal use only Sweden United Kingdom Talga AB & Talga Battery Metals AB Talga Technologies Limited Södra Kungsgatan 5B Conqueror House 972 35 Luleå, Sweden Chivers Way t: +46 (0) 10-303 71 00 Histon, Cambridge, CB24 9ZR, England e: kontakt@talga.se t: +44 1223 420416 e: info.uk@talgagroup.com
Slide 28: JORC Graphite Reserve and Resources
JORC Graphite Reserve and Resources Ore Reserve 3, 5 Tonnes Graphite (% Cg) For personal use only 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) 35,020,000 23.8 Indicated 26,691,000 24.3 Inferred 8,329,000
Slide 29: 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 30: 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