Talga Resources Ltd is a multi-national company focused on graphite mining and graphene supply and application development. The company mines graphite in Sweden, operates a test processing facility in Germany under Talga Advanced Materials GmbH and has a product development arm, Talga Technologies UK Ltd located in Cambridge, UK.
Talga is developing graphene products for additives to coatings, batteries, concrete and epoxy composites. Testing of Talga materials and products is underway with a range of corporations including industrial conglomerates Tata and BASF subsidiary Chemetall, UK listed Haydale, flexible battery maker Zinergy and German based Jena Batteries.
Talga Resources is a public company trading on the Australian Stock Exchange (ASX: TLG). In June 2016 the company raised $10 million in a placement.
The latest Talga graphene news:
The graphene industry seems to be flourishing, at least when looking at the valuations of public companies. As we reported earlier this year, graphene stocks have risen nicely towards the end of 2020, and the trend continues in 2021 for most companies.
The total market value of graphene companies now reaches $1.8 billion USD for the 13 leading graphene public companies we track. It is important to note that not all this value is directly related to graphene - some of the companies have other activities, mainly graphite mining and supply. But for all these companies, graphene is a major part of the business, and most of the companies are pure-play graphene companies.
Talga Resources has reported a milestone moment in a sea trial of its Talcoat graphene coating.
The company initially developed the graphene coating as an alternative to traditional coating methods that incorporate harmful chemicals and materials and first applied Talcoat to the hull of a ship back in late 2019 as part of a sea trial to test the coating’s robustness out in the tough ocean environment. A second application on a separate vessel followed soon after, and both trials remain ongoing.
Talga launches fully underwritten USD$18.8M placement to accelerate Vittangi Anode Project development
Talga has announced the launch of a fully underwritten institutional placement to raise USD$18.8 Million (AUD$25 million) before costs and a non-underwritten Share Purchase Plan to eligible shareholders to raise up to USD$7.5 Million (AUD$10 million).
Talga will use the proceeds to fund the Electric Vehicle Anode (EVA) pilot plant as part of the development of the Vittangi Anode Project located in northern Sweden.
Battery anode developer Talga Resources has announced that it has received a commitment for a ~AU$1.8 million (around USD1.3 million) UK Government grant to complete a feasibility study into the commerciality of a Talga UK Anode Refinery.
The UK government has recently announced a series of economic stimulus packages, including a £1 billion Automotive Transformation Fund (“ATF”), towards boosting the domestic electric vehicle and lithium-ion battery economy in collaboration between the Advanced Propulsion Centre, the Department for Business Energy and Industrial Strategy, Innovate UK and the Department for International Trade.
Talga Resources has provided an update on the commercial progress of its graphene-enhanced silicon anode lithium-ion battery product Talnode-Si. Following encouraging early test results, further technical and commercial development of Talnode-Si has been underway at Talga’s facilities in Europe.
Results from this latest phase of development reportedly show continued success of Talga’s silicon anode approach which uses lower-cost metallurgical-grade silicon for a high-energy density anode with mass-producibility potential.