Talga Group Ltd. · ASX:TLG
Talga — Shareholder Meeting (November 2021)
35 slides from Talga's shareholder meeting presentation, Nov 25, 2021
Slide 1: Annual General Meeting
For personal use only Annual General Meeting ASX:TLG 25 November 2021, Perth, Australia
Slide 2: 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 provides
Slide 3: We are Talga
For personal use only Talga We are
Slide 4: Global Operations
Global Operations Kiruna For personal use only Luleå Group head office Osaka Perth, Australia Stockholm Anode production & integrated graphite mine Cambridge Rudolstadt Luleå & Kiruna, Sweden Battery anode product & technology center Cambridge, UK Metallurgical process pilot facility & EU customer n
Slide 5: 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 techn
Slide 6: Silicon Anode: Talnode-Si
Silicon Anode: Talnode®-Si For personal use only For higher energy density sought by customers battery roadmaps Particle design enables a range of loadings in existing commercial anode blends Graphene silicon composite electrode additive focused on high volume production processes EV and 3C customer
Slide 7: Solid State: Conductive Talnode-E Cathode Additive
Solid State: Conductive Talnode®-E Cathode Additive For personal use only Solid state batteries suffer a range of 12-month ATF-Innovate UK funded technical and commercial issues, feasibility program to evaluate Talga particularly for larger applications (EVs) materials as conductive Li-ion battery c
Slide 8: Graphene Product Development
Graphene Product Development For personal use only Functionalised fit-for-purpose Talphene® additives for global large volume applications with performance and sustainability key drivers Applications include: - anticorrosion and antibacterial coatings - food packaging - rubber and plastics - batteri
Slide 9: Production process innovation
Production process innovation For personal use only Production processes tailored to maximise benefits of unique graphite source US patent for integrated mining method and electrochemical exfoliation process Proprietary Talga anode coating technology developed with feedback from auto OEMs Talga’s fu
Slide 10: Electric Vehicle Anode Plant
Electric Vehicle Anode Plant For personal use only First coated anode production plant in Europe (Luleå, Sweden) Critical step in progressing automotive OEM procurement processes Plant will produce active anode material for EV batteries at large-scale quantities aligned with customer requirements Mi
Slide 11: For personal use only
For personal use only
Slide 12: Rudolstadt Pilot Processing Facility
Rudolstadt Pilot Processing Facility For personal use only Piloting of process technologies and production of customer qualification samples outputting advanced material additives (Talphene®) and battery materials (Talnode®) Milling, exfoliation and concentration processing lines with filter and dry
Slide 13: Exploring for sustainable growth
Exploring for sustainable growth For personal use only Strategic exploration activities to underpin potential future expansions of anode and advanced materials business 2021 phase of Niska Trial Mine successfully completed providing feed material for EVA plant SkyTEM geophysical survey show Vittangi
Slide 14: For personal use only
For personal use only
Slide 15: 2021 Trial Mining: Niska South
2021 Trial Mining: Niska South For personal use only Permitted 25,000 tonnes of feed ore for subsequent refining into Talnode®-C to be used in large scale production testing for the EV supply chain First ~2,500 tonne phase successfully completed with raw material stored for processing and refining E
Slide 16: 2021 Exploration and Drilling Campaign
2021 Exploration and Drilling Campaign For personal use only 2021 Drilling Targets Market growth for anode drives exploration to define more resources and grow reserves Completed SkyTEM geophysical survey reveals Vittangi graphite-bearing units more continuous than previously recognised Significant
Slide 17: Sustainability is at our core
Sustainability is at our core For personal use only Supplying green products that have a role in a cleaner future is not enough; we need to do so sustainably Emissions Scope 1-3 LCA on Talnode®-C production completed by Hitachi ABB Environmental and Social Management System under development Inaugur
Slide 18: Li-ion Battery Anode: Talnode-C
Li-ion Battery Anode: Talnode®-C For personal use only Near term production plans focused on Talga’s flagship lithium-ion battery anode product Talnode®-C Highly engineered graphite anode material with ultra-low CO2 emission profile Excellent charging performance at high load and low temperature Hig
Slide 19: Talnode-C Product Offering and Sales Distribution
Talnode®-C Sales and Product Offering Distribution For personal use only Designed to operate both as a 100% Sales managers employed across replacement of synthetic anodes and a strategic regions including UK and drop-in performance additive Western Europe, Nordics and Central Europe, Japan and Hong
Slide 20: Our Mission
Our Mission For personal use only To enable the world’s most sustainable batteries and consumer products through innovative graphitic materials
Slide 21: EV sales driving battery boom
EV sales driving battery boom For personal use only Battery and Hybrid EV sales and market penetration rates now rapidly increasing SOURCE: SCHMIDT AUTOMOTIVE RESEARCH - WESTERN EUROPE 18 MARKETS, BEV MIX (OCTOBER 2021).
Slide 22: Resulting in immense new anode demand
Resulting in immense new anode demand For personal use only Battery demand will drive multi-decadal growth for anode and disrupt supply chains Current EV anodes are predominantly synthetic graphite but natural anode increasing market share due to favourable environmental footprint and rising cost of
Slide 23: The solution
the solution For personal use only Talga is building a fully integrated battery anode supply chain in Sweden Initial 19,500tpa of coated anode production from 2024 using clean renewable energy and high grade, responsibly extracted natural graphite from Talga’s Vittangi project
Slide 24: Vertically Integrated Anode Production - Sweden
Vertically Integrated Anode Production - Sweden For personal use only Vittangi Luleå Mine & Concentrator Anode Plant
Slide 25: For personal use only
For perso - [Narrator] The transition to a sustainable
Slide 26: Inherent project advantages
Inherent project advantages For personal use only Highest grade graphite JORC resource 100% anode flake (no industrial products) Exceptional anode yield (90%+) Located in Tier-1 investment jurisdiction Access to sustainable low-cost power Proximal to the European EV supply chain ASX:TLG 23 MAY 2019,
Slide 27: Enabling green electrification
Enabling green electrification For personal use only Batteries are crucial to reducing greenhouse gas emissions, and green batteries require green anodes 34 1.5 Graphite anode represent LCA1 results show Talga Equaling -2.9 tonnes up to 40-50% volume of anode production emits CO2 reduction per the a
Slide 28: COP26 Signatories: Automotive
COP26 Signatories: Automotive For personal use only SOURCE: Rho motion
Slide 29: 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) Talnode®-C 84,700tpa Talphene® 8,470tpa Life of Mine 14 years Pre-tax NPV8 base case US$3,540M Pre-tax
Slide 30: Talga partnerships for a greener future
Talga partnerships for a greener future For personal use only Working with respected battery customers and technology and development partners SEE: ASX:TLG 30 OCT 2015 and 5 FEB, 26 MAR, 4 SEP 2018 and 15 JAN, 2 OCT, 8 OCT, 24 OCT 2019 and 31 JAN, 20 MAR, 13 MAY, 27 MAY, 24 JUNE, 2 NOV, 24 NOV 2020
Slide 31: Corporate Overview
Corporate Overview For personal use only ASX:TLG (12 MONTHS) CAPITAL STRUCTURE ASX Listing Code: TLG Market Capitalisation: $519.5M Listed Shares: 304.7M Unlisted Options: 13.4M (1) Cash as at 30 September 2021: $46.0M MAJOR SHAREHOLDERS Mark Thompson – M. Director 4.7% Kinetic Investment Partners 4
Slide 32: Growing for the Future
Growing for the Future For personal use only Upcoming catalysts and milestones EVA plant production and completion of customer qualifications Permitting of Nunasvaara South graphite mine and advanced Niska expansion permits Project financing and JV’s Balance of drilling results and subsequent resour
Slide 33: Talga Group Ltd
For personal use only TALGA GROUP LTD ASX Code: TLG Group Head Office: 1st Floor, 2 Richardson Street, West Perth WA 6005, Australia Phone Number: +61 8 9481 6667 Email Address: info@talgagroup.com Website: www.talgagroup.com
Slide 34: JORC Graphite Reserve and Resources
JORC Graphite Reserve and Resources For personal use only Ore Reserve3, 6 Tonnes Graphite (% Cg) Nunasvaara (JORC 2012) 2,260,140 24.1 Probable 2,260,140 24.1 Mineral Resources 1, 2, 4, 5, 7, 8, 9 Tonnes Graphite (% Cg) Vittangi Nunasvaara (JORC 2012) 14,900,000 23.4 Indicated 10,400,000 25.6 Inferr
Slide 35: Competent Person Statements
Competent Person Statements The Niska Mineral Resource estimate was first reported in the Company’s announcement dated 15 October 2019 titled ‘Talga boosts Swedish graphite project with maiden For personal use only Niska resource’. The Company confirms that it is not aware of any new information or