Talga Group Ltd. · ASX:TLG
Talga — Macquarie Group Critical Minerals Forum 2022
31 slides from Talga's conference presentation, Jun 28, 2022
Slide 1: Talga Presentation at Macquarie Group's Critical Minerals Forum (ASX Release)
ASX Release ASX:TLG 28 June 2022 Talga Presentation at Macquarie Group’s For personal use only Critical Minerals Forum Battery and advanced materials company Talga Group Ltd (“Talga” or “the Company”)(TLG:ASX) is pleased to provide a copy of the presentation to be delivered by the Company’s Managing
Slide 2: Corporate and Vittangi Anode Project Introduction
For personal use only Talga Group Ltd Corporate and Vittangi Anode Project Introduction “Critical Minerals Forum” Macquarie Group 28 June 2022 © Talga Group Ltd, June 2022
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 Forward-looking statements This presentation contains forward-looking statements. Those forward-looking statements reflect views held only as at the date of thi
Slide 4: Our Mission
Our Mission For personal use only to enable the world’s most sustainable batteries and consumer products through innovative graphitic materials
Slide 5: Battery anode & advanced materials
Battery anode & advanced materials For personal use only Talga is building a European supply chain of advanced materials critical to our customers’ innovation and the shift towards a more sustainable world Vertical integration with 100% ownership of mineral resources, processing and product technolo
Slide 6: Talga Operations
Kiruna Talga Operations Luleå For personal use only Osaka Perth, Australia Stockholm Group head office Luleå & Kiruna, Sweden Cambridge Rudolstadt Anode production & integrated graphite mine Cambridge, UK Battery anode product & technology center Rudolstadt, Germany Metallurgical process pilot facil
Slide 7: Quality ESG Commitment
Quality ESG Commitment For personal use only 1st resource company committed to EU Principles for Sustainable Raw Materials. High standard of corporate governance with established framework. Social and Environmental Management Systems and Policies in place accords to Equator Principles. Sustainabilit
Slide 8: Corporate Overview
Corporate Overview Becoming a Significant Vertically Integrated Producer of Lithium-ion CAPITAL STRUCTURE For personal use only Battery Anode Products and Technologies ASX Listing Code: TLG Market Capitalisation: $359.8M • Talga is developing an integrated graphite anode facility in Sweden running o
Slide 9: Rapidly rising EV and HEV penetration rates
Rapidly rising EV and HEV penetration rates For personal use only Forecast: EVs as a percent of total passenger vehicle sales 80% 70.2% 66.1% 61.9% 57.8% 60% 54.2% 50.3% 47.1% 43.2% 39.1% 40% 35.1% 31.0% 27.0% 23.3% 19.1% 16.2% 20% 15.4% 13.7% 12.1% 10.3% 8.5% 4.8% - 2023 2027 2028 2022 2025 2026 20
Slide 10: Driving immense new graphite anode demand
Driving immense new graphite anode demand Disruption of traditional (industrial) graphite markets and supply chains For personal use only Forecast: Battery anode demand Rising energy and input costs (needle coke, coal) for 8.0 manufacture of synthetic graphite anode is expected to be a further funda
Slide 11: Graphite supply chain reliant on China
Graphite is major mineral of Li-ion batteries but supply chian reliant on China, akin to Rare Earths For personal use only Typical use of minerals in battery electric vehicles Natural Graphite Supply Chains Mining Processing 300 14% 14% 1% 6% 250 9% 58% 99% 200 China Brazil Madagascar (kg per vehicl
Slide 12: Fast-growing European battery market capacity
Fast-growing European battery market capacity ∼960GWh by 2031 (requiring 1.1Mt anode/annum) For personal use only Integrated Operations in northern Sweden Vittangi graphite mine and concentrator Luleå Anode Plant Source: Cic Energigune, June 2022, Benchmark Mineral Intelligence, January 2022, 11 Ben
Slide 13: Talga Leads European Graphite Assets
Talga Leads European Graphite Assets Graphite Mineral Resources classified to JORC or NI43-101 standards For personal use only Contained Graphite Battery Capacity Company Project Mineral Resource equivalence2 (Million tonnes) 1 Talga Vittangi 30.1Mt @ 24.1%Cg 7.2 4,625 GWh-eq 2 Talga Jalkunen 31.5Mt
Slide 14: Talga advantages for OEMs and Cell Makers
Talga advantages for OEMs and Cell Makers For personal use only 24% grade Low-footprint, long life natural 100% of graphite used to Vertically integrated mine-to-anode graphite supply in Sweden. make battery products. plant offers 100% supply chain control. Within 24-hour drive to deliver Production
Slide 15: Integrated and 100% controlled anode operation
Integrated and 100% controlled anode operation For personal use only Graphite concentrate Precursor anode material Active anode material Mining and Concentration Shaping and Purification Coating Talnode® Li-ion Batteries Natural graphite ore Graphite concentrate downstream processed with proprietary
Slide 16: Production processes tailored to maximise benefits of graphite resource
Production processes tailored to maximise benefits of unique graphite resource For personal use only Trial Mining Program Purification Plant EV Anode Plant Additives Pilot Facility • Permitted trial mine for • Demonstrated capability to • Located in Luleå, Sweden, the • Blending with synthetic 25,00
Slide 17: Talga Electric Vehicle Anode Plant, Luleå Sweden
Talga Electric Vehicle Anode Plant, Luleå Sweden For personal use only Images Left: EVA main processing hall. Top Right: Talga staff training on kiln process stage. Bottom right: Integrated EVA battery lab and quality control. 16
Slide 18: Commercial Strategy: European EV manufacturers
Commercial Strategy: European EV manufacturers Talga is in the final stage of a long technical qualification process with numerous EV and battery manufacturers For personal use only Customer Selection and Current commercial strategy Product Positioning Customer Qualification Pricing Strategy ensures
Slide 19: Talnode-C attractive performance characteristics
Talnode®-C attractive performance characteristics For personal use only Energy Density Faster Charging Lower Cell Resistance High energy density for increased Fast charge rate outperforms High conductivity material range or lighter weight. existing commercial anodes. decreases thermal build up, impr
Slide 20: Delivering the World's Greenest Anode
Delivering the World’s Greenest Anode Talnode®-C cradle-to-gate LCA accords to ISO 14040-14044 and German Association of Auto Industry For personal use only China Synthetic Syrah (Mozambique- USA) China Natural Northern (Canada) Avoids 2.9t CO2-eq per EV Leading Edge (Sweden) (for 76kWh battery) Tal
Slide 21: Project Funding – European Financiers
Project Funding – European Financiers Letter of Intent to finance a portion of construction costs of Vittangi Project provided For personal use only by Swiss Export Risk Insurance (SERV). Swiss content linked to ABB, major contractor Swiss Export Credit Agency for process controls, automation and re
Slide 22: Mine and Anode Plant Permitting
Mine and Anode Plant Permitting For personal use only Fully permitted 2015/2016 Nunasvaara South trial mine successfully completed and rehabilitated. Fully permitted 2021/2022 Niska South trial mine to be completed in Q3 2022. DFS Nunasvaara South commercial mine permits progressing for 19,500tpa an
Slide 23: 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 24: Significant Growth Potential
Significant Growth Potential Resource upside with ability to strategically support European battery supply chain for decades For personal use only 2021 Vittangi drilling returns world-class grades (e.g. 90m @ 30.8% Cg) with subsequent mineral resource update boosting Vittangi Graphite Mineral Resour
Slide 25: Developing future technology
Developing future technology For personal use only Market focused R&D and development of next generation battery and advanced materials for future commercialisation Fast-tracked decision for mass-producible Talnode®-Si silicon anode. Continued development of solid state Talnode®-E battery anode tech
Slide 26: Partnerships for a Greener Future
Partnerships for a Greener Future Working with respected battery customers and development partners under public partnerships and non- For personal use only disclosure, including global automotive OEMs and majority of European battery producers 25 See: ASX:TLG 30 Oct 2015 and 5 Feb, 26 Mar, 4 Sep 20
Slide 27: Delivering on Strategy
Company Update – Delivering on Strategy For personal use only Europe’s first Li-ion battery anode plant successfully commissioned and operating Talga is delivering on its strategy to become a Significant Vertically Integrated Producer of Li-ion Battery Anode Products and Technologies 2021/2022 Miles
Slide 28: Talga Group Ltd
For personal use only Talga Group Ltd ASX Code: TLG Group Head Office: Suite 3.03, Level 3 46 Colin Street, West Perth, Australia Phone Number: +61 8 9481 6667 Email Address: info@talgagroup.com Website: www.talgagroup.com 27
Slide 29: 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 30: European Natural Graphite Peer Comparison
European Natural Graphite Peer Comparison For personal use only Contained Company Project Study Resource Tonnage Grade Information Source Tonnage Indicated 22,600,000 24.9 Talga Group, Company Announcement, 27 May 2022 Talga Vittangi DFS 7,249,000 https://talgagroup.eu-central-1.linodeobjects.com/ap
Slide 31: 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
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