Talga Group Ltd. · ASX:TLG
Talga — Macquarie Critical Minerals Forum 2023
26 slides from Talga's conference presentation, Jun 28, 2023
Slide 1: ASX Release: Talga Presentation at Macquarie Critical Minerals Forum
ASX Release ASX:TLG 28 June 2023 Talga Presentation at the Macquarie Critical Minerals Forum in Perth Battery and advanced materials company Talga Group Ltd (“Talga” or “the Company”) (ASX:TLG) is pleased to provide a copy of the presentation that was delivered by the Company’s Managing Director Mar
Slide 2: Talga Group Ltd - Macquarie Critical Minerals Forum
For personal use only Talga Group Ltd Macquarie Critical Minerals Forum 28 June 2023 ASX:TLG © Talga Group Ltd, June 2023 1
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 Group
Talga Group Battery material developer and supplier with 100% For personal use only owned mineral resources in Sweden and integrated processing-to-product technology Talga is differentiated by: Advanced stage fully vertically integrated graphite anode project Low-emission battery materials are clean
Slide 5: Our Mission
Our Mission For personal use only to enable the world’s most sustainable batteries and consumer products through innovative graphitic materials 4
Slide 6: Corporate Overview and Capital Structure
Corporate Overview CAPITAL STRUCTURE Market Capitalisation: $531.9M For personal use only ASX:TLG (12 months) Listed Shares: 360.6M Unlisted Options: 12.4M (1) Cash as at 31 March 2023: $51.6M MAJOR SHAREHOLDERS Kinetic Investment Partners 4.7% Mark Thompson – M. Director 4.0% Pentwater Capital Mana
Slide 7: Talga Operations
Kiruna Talga Operations Luleå Perth, Australia Osaka Group head office For personal use only Stockholm Luleå & Kiruna, Sweden Anode production and graphite deposits Rudolstadt Cambridge Stockholm, Sweden European corporate office Cambridge, UK Product and R&D technology centre Rudolstadt, Germany Pe
Slide 8: Graphite is anode of Li-ion batteries; China supply dominant
Graphite is anode of China Supply Dominant Li-ion batteries For personal use only 250 200 (kg per vehicle) 150 Market deficit forecast beginning in 2025E, Macquarie Research 100 50 0 NCA NMC 532 NMC 622 NMC 811 LFP Copper Lithium Nickel Manganese Cobalt Graphite Flake graphite in 2023, Benchmark Min
Slide 9: Talga: strong, integrated supply chain in Europe
Talga: strong, integrated supply chain in Europe Graphite For personal use only concentrate Precursor anode material Active anode material Mining and Concentration Shaping and Purification Coating Talnode® Li-ion Batteries Current Anode Supply Chain China/Africa China China/Korea/Japan Europe Northe
Slide 10: First coated graphite anode plant in Europe
First coated graphite anode plant in Europe For personal use only Electric Vehicle Anode (EVA) Plant, Sweden Producing large-scale coated natural graphite anode, Talnode®-C, for auto OEM battery customer qualifications (A-C sample) Proprietary ore-to-coated shaped purified graphite (CSPG) technology
Slide 11: Talga Electric Vehicle Anode Plant
Talga Electric Vehicle Anode Plant For personal use only 10
Slide 12: 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 13: Vittangi Anode Project
Vittangi Anode Project Vittangi For personal use only Advanced stage fully vertically integrated graphite mine and refinery in Sweden to produce 19,500tpa active anode material • Outstanding low-emission production enabled by high grade ore with uniquely suited small flake size, advanced Talga proce
Slide 14: Commercial anode refinery
Commercial anode refinery For personal use only 19,500tpa anode production facility planned for new Luleå Industrial Park alongside LKAB, SSAB, H2 Green Steel and others • Building and Environmental permits granted, with execution order allowing commencement of construction groundworks Q3 2023 • >25
Slide 15: Vittangi graphite mine
Vittangi graphite mine For personal use only • Environment and Natura 2000 permit granted. Permits include: • Mining and processing of 120,000tpa graphite ore to 2070 • Waste rock and tailings storage and remediation • Water treatment and discharge • Culmination of sustained multi-year technical, en
Slide 16: Project financing
Project financing For personal use only EIB approve €150 million senior debt funding, subject to final documentation • Remaining debt financing package being finalised with credit approval commitments expected from Lenders over next quarter • Terms Sheet and Financial Model supported by independent
Slide 17: Anode offtakes
Anode offtakes Talnode®-C supply agreements to support For personal use only Vittangi project financing include; ACC (co-owned by Mercedes-Benz, Stellantis, and Saft) non-binding offtake term sheet for: Supply of 60,000 tonnes of Talnode®-C over initial 5-year term starting 2026 Expected to include
Slide 18: EU Momentum
Martin Phillips, Talga Europe CEO; and Maroš Šefčovič, European Commission Vice-President for Inter-institutional Relations and Foresight EU Momentum EU Green Deal and interaction with the US For personal use only Inflation Reduction Act driving new actions to establish local battery supply chains R
Slide 19: Silicon anode pilot commissioned
Silicon anode pilot commissioned For personal use only New Talnode®-Si pilot line commissioned and providing customer qualification samples Talnode®-Si is a composite silicon-graphene- graphite anode that has successfully scaled from lab in UK to pilot plant in Germany Designed as a “drop-in” energy
Slide 20: Building operational readiness
Building operational readiness For personal use only • Key appointments completed across global group, including Project Director for Vittangi Anode Project construction in Sweden. More than 70 full time Group staff • Luleå refinery early works underway including commencement of anode equipment proc
Slide 21: Upcoming milestones
Upcoming milestones For personal use only • Refinery environmental permit appeal period closing. Commence refinery construction groundworks Q3 2023 • Vittangi mine appeals assessment • Project financing debt finalisation and approvals • Talnode®-C offtake agreements finalisation and customer growth
Slide 22: www.talgagroup.com
For personal use only www.talgagroup.com ASX:TLG 21
Slide 23: 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 24: 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) 36,853,000 23.1 Indicated 27,814,000 23.8 Inferred 9,039,000
Slide 25: 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 26: Competent Person Statements
Competent Person Statements The Vittangi Mineral Resource estimate was first reported in the Company’s announcement dated 3 April 2023 titled ‘Successful exploration grows Talga’s Swedish natural graphite resource’. The Company confirms that it is not aware of any new information or data that materi