Talga Group Ltd. · ASX:TLG
Talga — Investor Presentation (May 2023)
23 slides from Talga's investor presentation, May 30, 2023
Slide 1: Talga Webinar Presentation (ASX Release)
ASX Release ASX:TLG 30 May 2023 Talga Webinar Presentation 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 webinar, Tuesday 30 May 2023 a
Slide 2: Talga Group Ltd Investor Webinar May 2023
For personal use only Talga Group Ltd Investor Webinar May 2023 ASX:TLG © Talga Group Ltd, May 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. 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
Slide 6: Corporate Overview: Capital Structure
Corporate Overview CAPITAL STRUCTURE Market Capitalisation: $461.6M 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 and Offices
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: 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 9: Recent milestones: Anode refinery
Recent milestones: Anode refinery For personal use only • 19,500tpa anode production facility located in new Luleå Industrial Park alongside H2 Green Steel, LKAB, SSAB and others • Building permits granted, in force 24 March with no appeals received • Environmental/operating permit hearing completed
Slide 10: Recent milestones: Vittangi mine
Recent milestones: Vittangi mine For personal use only • Granted environmental and Natura 2000 permit for Vittangi graphite mine and concentrator on 5 April 2023 • Permits include: • Mining and processing of 120,000tpa graphite ore to 2070 • Waste rock and tailings storage and remediation • Water tr
Slide 11: Europe's largest graphite resource
Europe’s largest graphite resource For personal use only Recent drilling expands Vittangi project total JORC Mineral Resource to 36.9 million tonnes at 23.1% graphite (at cut off grade 11%Cg) Deposits remain open along strike and at depth. Less than 25% of exploration target tested to date. Technica
Slide 12: 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 T
Slide 13: Project financing
Project financing For personal use only Financing strategy targets a mix of project debt and equity • EIB under appraisal to cornerstone a lending consortium comprising leading export credit agencies and international banks • Credit approved commitments expected from Lenders over next quarter • Term
Slide 14: 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 15: Anode market update
Anode market update • Following recessionary start, global 2023 EV For personal use only sales forecast to increase 39% from 2022 • Changes in Chinese EV subsidies and flexibility being taken up across supply chain has cause short term graphite weakness. Expected to clear over coming months as EV de
Slide 16: Silicon anode pilot commissioned
Silicon anode pilot commissioned For personal use only New Talnode®-Si pilot line producing customer qualification samples and progress for commercialisation Talnode®-Si is a composite silicon-graphene- graphite anode that has successfully scaled from lab in UK to pilot plant in Germany Designed as
Slide 17: 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 • Funds secured for Luleå refinery early works from successful A$40m capital raise, including commencement of anode equi
Slide 18: Upcoming milestones
Upcoming milestones • Vittangi graphite mine environmental permit For personal use only appeals assessment scheduled 14 June • Refinery environmental permit decision scheduled 21 June • Project debt financing approvals and finalisation of Talnode®-C offtake agreements • Talnode®-Si customer qualific
Slide 19: www.talgagroup.com
For personal use only www.talgagroup.com ASX:TLG
Slide 20: 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 21: 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 22: 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 23: 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