Talga Group Ltd. · ASX:TLG
Talga — RIU Explorers Conference 2024
28 slides from Talga's conference presentation, Feb 15, 2024
Slide 1: Talga Presentation at the RIU Explorers Conference in Perth
ASX Release ASX:TLG 15 February 2024 Talga Presentation at the RIU Explorers Conference in Perth 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 at the RIU Explorers Conference in Perth,
Slide 2: RIU Explorers Conference
For personal use only RIU Explorers Conference Talga Group (ASX:TLG) © Talga Group Ltd, February 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: Leader in development of sustainable battery materials
Talga Group (ASX:TLG) is a leader in the development of sustainable battery materials For personal use only mine-to-battery Development and commercialisation of a diverse range of products and projects including natural graphite anode, silicon anode and other materials for use in lithium-ion, solid
Slide 5: EVs continue driving battery demand
EV’s continue driving battery demand 2.0 European Union (EU27) EV Registrations Millions For personal use only 1.8 1.6 Electric vehicle sales growing strongly 1.4 Record 38% yearly growth in EU 1.2 Million Cars Regulatory forces support the continued 1.0 energy transition 0.8 Auto OEM’s seeking loca
Slide 6: 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 used as the anode Mn of almost all Li-ion battery Co Co types due to performance, safety and cost Anode Graphite Graphite Graphite LFP NMC 532 NCA 5 Source: Macquarie Research, March 2
Slide 7: …and the largest CO2 contributor
…and the largest CO2 contributor For personal use only Lithium 2% Graphite 34% Iron 1% Phosphorus 3% Cathode Manufacturing 15% Electricity (Cell Assembly) 28% Other 18% Total 100% LFP Battery Cell — GWP Contribution Analysis (CO2, impact per kg) 6 Source: Tesla, Impact Report 2022, LFP Cell – Global
Slide 8: …and the most heavily reliant on China
…and the most heavily reliant on China For personal use only Synthetic Natural Spherical Graphite New: export permits Feedstock Graphite Graphite Anode for battery grade natural graphite 69% 61% 99% 93% products started 1 Dec 2023 7 Source: IEA; Reuters article 21 October 2023: China, world's top gr
Slide 9: Building a clean, integrated, secure graphite anode supply chain in Europe
Talga is building a new, clean, integrated, secure graphite anode supply chain in Europe For personal use only Cell Mining and Concentration Shaping and Purification Coating Talnode® Manufacturer Talga in Sweden 8 See: ASX:TLG 1 July 2021.
Slide 10: Powered by reliable clean electricity
Powered by reliable Fossil Renewable Nuclear clean electricity For personal use only 30% 29% 21% 67% 100% hydropower used in 67% Talga anode production Sweden Canada China Australia US 9 Source: Electricity generation mix 2021, graph produced using data points from Fastmarkets and IEA.
Slide 11: Active anode production since 2022
Active anode production since 2022 Electric Vehicle Anode Plant, Luleå, Sweden For personal use only Operating expertise & In-house battery Underpins customer ISO accreditation labs and QA audits and negotiation 10 See: ASX:TLG 31 March 2022.
Slide 12: Europe's largest & highest grade natural graphite resource
Europe’s largest & highest grade natural graphite resource For personal use only Total JORC Mineral Resources of 70.8 million tonnes to date 100% anode size graphite, proven in customer lithium-ion batteries Expansion options for long term global EV demand 11 See: ASX:TLG 6 October 2023.
Slide 13: Vittangi Anode Project
Vittangi Anode Project Mine north Sweden For personal use only Fully integrated anode production of 19,500tpa anode (Stage 1) for 24 years Outstanding location with clean, low-cost power and direct road & rail to customers Europe’s largest and highest grade natural graphite resource: 35.0Mt at 23.8%
Slide 14: 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 15: Planned commercial anode refinery, Luleå
For personal use only 19,500tpa (16GWh) Using 100% Permitted and graphite anode clean hydropower construction ready Planned commercial anode refinery Luleå, Sweden 14 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 ca
Slide 16: 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 17: EU regulatory framework driving ESG shift
EU regulatory framework driving ESG shift 2025 2026 2028 For personal use only CO2 declaration CO2 performance CO2 max Battery classes threshold Emission Passport2 Targets 2031 2032 2035 2025 0% Tailpipe Entry into Full supply Circularity Circularity, force chain data vehicle passport Emissions1 rec
Slide 18: Vittangi Anode Project financing
Vittangi Anode Project financing For personal use only Debt consortium selected, underpinned by €150 million approval from European Investment Bank Grant funding and state aid (EU and Member State level) to complement debt consortium being sought Target debt (60%) and equity (40%) Discussions with s
Slide 19: Vittangi Anode Project execution
Vittangi Anode Project execution Northern Sweden For personal use only Stage one preparation for refinery site A$31 million environmental at Luleå Industrial Park delivered bond facility secured Mine environmental permit approved, Supplier strategy includes appeals review process progressing strateg
Slide 20: Exploring for growth and added value
Exploring for growth and added value Norrbotten, Sweden For personal use only Graphite resources open at depth and along strike. Vittangi JORC Exploration Target* 170-200Mt at 20-30% graphite Aero Lithium Project – 100% owned first-mover position. Surface samples to 1.95%Li2O. Project expanded over
Slide 21: 100% in-house IP
100% in-house IP For personal use only 15 active patent families with 88 applications filed including: • Graphite ore to graphene process • Graphite purification process • Anode particle shaping & coating • Silicon anode production processes • Anode & graphene from recycling • Graphene coatings, com
Slide 22: Research partners and industry partnerships
For personal use only Research partners Product diversification Polestar 0 Project across business through next-gen tech Industry partnerships Talga is involved in numerous strategic partnerships towards technological developments across the battery and automotive industry 21 See: ASX:TLG 21 Novembe
Slide 23: Upcoming milestones
Upcoming milestones “No graphite, no battery” For personal use only EU Commissioner Thierry Breton Mine environmental permit appeals decision and Talga CEO Martin Phillips from Supreme Court in Sweden Finance and potential introduction of new strategic partners Offtakes for Talnode®-C and other prod
Slide 24: Corporate overview
Talga Kiruna Luleå Corporate overview Osaka For personal use only Capital Structure Major shareholders Stockholm Market Capitalisation $231.7M Pentwater Capital Management 4.2% Mark Thompson – M Director 3.8% Listed Shares 379.8M UniSuper 3.1% Rudolstadt Cambridge Unlisted Options 13.4M1 Yandal Inve
Slide 25: For personal use only
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 26: 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 27: 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 28: 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