Talga Group Ltd. · ASX:TLG
Talga — RIU Resources Round-Up Conference 2023
33 slides from Talga's conference presentation, May 9, 2023
Slide 1: Talga Presentation at the RIU Resources Round-Up Conference in Sydney
ASX Release ASX:TLG 9 May 2023 Talga Presentation at the RIU Resources Round-Up Conference in Sydney 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 Mark
Slide 2: Swedish graphite anodes for greener batteries
For personal use only Talga Group Ltd Swedish graphite anodes for greener batteries 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 Graphite battery material supplier with 100% For personal use only owned mineral resources in Sweden and processing-product technology Strong in-house expertise spans coated graphite and silicon anode products, development and marketing Talga is differentiated by: Full vertical integrati
Slide 5: Corporate Overview
Corporate Overview CAPITAL STRUCTURE Market Capitalisation: $546.3M For personal use only ASX:TLG (12 months) Listed Shares: 360.6M Unlisted Options: 11.6M (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 6: 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 7: Our Mission
Our Mission For personal use only to enable the world’s most sustainable batteries and consumer products through innovative graphitic materials
Slide 8: Graphite is anode of major Li-ion batteries; Forecast Graphite Anode Demand
Graphite is anode of Forecast Graphite major Li-ion batteries Anode Demand For personal use only 8.0 250 200 6.0 (kg per vehicle) Million MWh 150 4.0 100 2.0 50 0 - 2018 2016 2019 2017 2015 2028 2026 2029 2027 2037 2023 2033 2021 2031 2035 2020 2022 2024 2025 2030 2032 2034 2038 2036 2039 2040 NCA N
Slide 9: Talga: a stronger, cleaner anode supply chain
Talga: a stronger, cleaner anode supply chain 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 Northern
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
Slide 12: Battery Centre of Excellence
Battery Centre of Excellence For personal use only In-house battery material innovations centre Development of next generation Talga battery materials including solid state anodes and performance-boosting conductive additives for cathodes Diversification of Talga’s product portfolio into emerging en
Slide 13: Talga Battery Centre of Excellence
Talga Battery Centre of Excellence For personal use only
Slide 14: 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 15: Coated graphite active anode: Talnode-C
Coated graphite active anode: Talnode®-C For personal use only Suitable as stand-alone battery anode or blend due to its high energy density Innovative coated graphite active anode with ultra-low CO2 emission profile Excellent charging performance at high load and low temperature High rate and excel
Slide 16: Enabling greener batteries
Enabling greener batteries For personal use only Talnode®-C has a vastly lower emissions profile than current anode imports based on: 100% renewable electricity Responsible mining of high-grade (low volume) natural graphite Short road/rail access to customers Hitachi-ABB (Scope1-3) Life Cycle Assess
Slide 17: Silicon anode product: Talnode-Si
Silicon anode product: Talnode®-Si For personal use only Talga’s Silicon-Graphene composite product with up to 50 wt% silicon Increased energy density, low swelling and industrial scalability Drop-in solution compatible with current anode manufacturing methods German pilot plant expansion successful
Slide 18: Vittangi Project
Vittangi Project Stage 1 integrated mine/concentrator and For personal use only anode production plant 100,000tpa graphite mine and concentrator at Vittangi with 24-year life based on fraction of 36.9Mt @ 23.1%Cg resource base Mine environmental permit approved Luleå anode refinery to produce 19,500
Slide 19: EV Anode Pilot Plant
For personal use only EV Anode Pilot Plant
Slide 20: Luleå Industrial Park Greenfield, Sweden
Luleå Industrial Park Greenfield, Sweden European route E4 Facebook data center For personal use only Luleå University of Technology and Luleå Science Park EV Anode Pilot Plant EV Anode Plant Luleå Luleå Industrial Airport Park Railway Port of Luleå 19
Slide 21: Targeting 2024 commencement of production
Targeting 2024 commencement of production For personal use only EV Anode Pilot Plant 20
Slide 22: Proximal to growing customer demand
Proximal to growing customer demand Announced battery capacity demands >1.3Mt graphite anode per annum by 2030 For personal use only Source: Cic Energigune, June 2022, Benchmark Mineral Intelligence, January 2022, 21 Benchmark Mineral Intelligence, Lithium Ion Battery Gigafactory Assessment, January
Slide 23: 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 24: Project Funding
Project Funding European Investment Bank appraising up to For personal use only EU$300m for Vittangi Anode Project, pending final due diligence, credit approvals and agreements Discussions progressing with multilateral financial institutions, development banks and export credit agencies with due dil
Slide 25: Path to >100,000tpa anode production
Path to >100,000tpa anode production Niska adds to Vittangi to make 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 Life
Slide 26: Environment and Community
Environment and Community For personal use only Talga is committed to operating sustainably Team of environmental scientists ensures best practice, monitoring and rehabilitation Full time Community Liaison Coordinator engages locally in Vittangi and Luleå Ongoing dialogue with stakeholders including
Slide 27: EU Momentum
Martin Phillips, Talga Europe CEO; and Ebba Busch, Minister for Energy, Business and Industry and Deputy Prime Minister of Sweden EU Momentum EU Green Deal and interaction with USA Inflation Reduction Act driving new actions to For personal use only establish local battery supply chains Critical Raw
Slide 28: Targeted catalysts and milestones
9/5/2023 Targeted catalysts and milestones For personal use only Mine environmental permit appeals assessment scheduled for 14 June 2023 Decision on Anode Refinery environmental permit planned for 21 June 2023 Finalise offtakes and project financing, to commence refinery construction 2H 2023 Qualifi
Slide 29: www.talgagroup.com
For personal use only www.talgagroup.com ASX:TLG
Slide 30: 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 31: 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 32: 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 33: 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