In his annual update video, Mark Thompson states “It's been a monumental year for Talga with many huge milestones reached by our teams around the world.”

The short video is well worth a watch as Mark looks back at some of the biggest achievements.

With the permitting scheduling hearing scheduled for Q1 2023, this could be moving year for Talga, especially considering positive feedback from key stake holders.

Talga 2022 Annual Update

The following was reported on Linkedin.

“Talga provided an excellent case study on sustainable graphite mining in Sweden during our latest #Batteries4EU event 'Strengthening European resilience upstream in the battery value chain', in the context of the current Critical Raw Materials Act discussions.

The CEO Europe, Martin Phillips provided also an example of how sustainable battery materials reduces the battery carbon footprint. The carbon footprint declaration will become mandatory under the incoming new EU Batteries Regulation.”

"Strengthening European resilience upstream in the battery value chain" - wound forward to Talga presentation.

Leading up to the hearings for environmental approval early next year, I feel this public affirmation of the positives of the project, and the need for the project, can only help the cause.

Nice! An anode supply deal signed with ACC. The Mercedes relationship strengthens. As well as new relationships opening with other major car manufacturers.

Not only is it positive to see this extension, as to me it suggests they are on to something worthwhile, but something I find exciting is the sentence I have emboldened below. Extended to 31 March 2023 and this extension is expected to align with expected finalisation of execution plans. That’s not too into the future!

ASX announcement copied below.

ASX Release ASX:TLG 31 August 2022

Talga and Mitsui extend MoU

Battery and advanced materials company Talga Group Ltd (“Talga” or “the Company”)(TLG:ASX) is pleased to advise it has further extended the Memorandum of Understanding (“MoU”) with Mitsui & Co. Europe Plc (“Mitsui”), a subsidiary of Mitsui & Co., Ltd., one of the largest global trading and investment companies based in Japan.

The MoU, now extended until 31 March 2023, builds on discussions to date under an agreement first signed by the parties in 2020 (ASX:TLG 20 March 2020). The MoU was then extended and expanded in December 2021 (ASX:TLG 13 December 2021).

The extended MoU between Talga and Mitsui continues the intent to advance potential co-development of Talga's Vittangi Anode Project in Sweden through Joint Venture. The extension date is aligned with expected finalisation of execution plans as well as required permitting and approvals.

Mitsui, at their discretion, will have the non-exclusive right to negotiate and enter into relevant binding agreements prior to the MoU expiry date on 31 March 2023. Should binding agreements be entered into, the Company will release details in accordance with its disclosure obligations at that time.

Talga is also engaged in advanced discussions and due diligence processes with other parties under NDA regarding project financing and partnerships.

Further details of the MoU can be found in Talga's ASX release dated 20 March 2020.

Authorised for release by the Board of Directors of Talga Group Ltd.

I suspect, from Talga composing a tweet to introduce this story, that they are involved in this high speed electric powered ferry initiative.

https://www.politico.eu/article/sweden-test-fast-ferry-traffic-congestion/

Talga presented at Oslo Battery Day 22 Aug 22

Talga rightfully pushing how clean its natural graphite is, and the fact that it is the 1st resource company committed to EU Principles for Sustainable Raw Materials as well as Europes 1st anode manufacturer.

Talga is well situate to help Europe achieve its push into electrification as well as its push for locally sourced battery materials. And on top of this, Talga’s natural graphite has unique properties that enable their Talnode-C product to be superior to alternatives too.

I found the following slide to be quite revealing. What a HUGE saving in CO2-eq alone! How disgusting is it that China Synthetic creates nearly 35 tonnes of CO2-eq per 1 tonne of coated anode. Using China Synthetic in an EV ACTUALLY does more harm to the environment than driving an ICE vehicle—that’s not green!

The world needs to sit up and take notice of the harm caused by battery materials sourced from China. They are making the situation worse!!

Combine Talga anode material with Vulcan Lithium and you have very close to a carbon neutral battery manufacturing process. Especially when considering Vulcan is actually carbon negative!

Now we’re talking about EVs cleaning up the environment.

Continuing to tick all the right boxes with resource recovery and green initiatives.These Life Cycle Analysis requirements are going to place companies like Talga in the limelight.

Talga seem to reduce the carbon footprint in everything they touch. And that is a great approach in today’s climate sensitive environment. They are building a MOAT that everyone will want to cross.

Processing steel slag to extract vital elements sure beats dumping the slag into landfill or even repurposing as road base.

And the following statement from MINVIRO on LinkedIn

“We are excited to announce our recent project with Neometals Ltd, using life cycle assessment #LCA to quantify the environmental impact of their vanadium recovery project "VRP1" in Pori, Finland”

Here are the slides for Talga’s presentation over the next 2 days at the Batteries Magafactories Berlin Event

https://www.talgagroup.com/irm/PDF/169ae087-bf7c-432a-9e3f-775252a74869/TalgaPresentationBenchmarkBatteryMegafactories2022

This is all good stuff but I would rather hear more about their Talnode-Si development, and progress on solid state batteries.

I particularly don‘t like the Graphite component of LI-ion batteries, it’s what helps them explode, and IMHO, the sooner we get Graphite out of the equation the better. But on that front I also know there are years of still having the current configuration, and in this arena Talnode-C will hold its own.

I hold shares in Talga, NeoMetals, and Magnus Energy. They all play in the same field, and in many ways are the opposition of each other. I however also know that the TAM is so large that there is ample room for many players. Maybe even hundreds!

Talga has an edge due to its Graphene projects, that helps their Tanode-Si battery come into existence and the world doesn’t yet appreciate how wonderful a substance Graphene is.

But I do love the full cycle mine - to battery - to recycling that NeoMetals and Magnus are pursuing. There’s so much money to be had in battery recycling. Companies will be paying players to take their spent batteries off them—a yet unaccounted for revenue stream, and I believe potentially a very lucrative one.

All three companies are also green at a time that t he world is screaming out for accountability of CO2 footprint through all stages of the suppply chain.

These are exciting times.

IMHO, all three companies are under-appreciated and are yet to grow into their true potential.