TLG 13.8% 49.5¢ talga group ltd

TLG - Media, page-7080

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    Here's more on the Hybrit steel collaboration between SSAB, LKAB and Vattenfall. It's pretty clear that Sweden are going full throttle on the new 'green deal'. this is a very good round up of how the new steel making process works ( it emits only 2.8% of the CO2 that steel made with coking coal does ) remember steel production is estimated to be responsible for 9 % of annual global emissions.. that's a lot. The challenges involved in accelerating its growth are pretty big, enormous amounts of energy will be needed to produce the hydrogen for its manufacture. Here I'm sure a few will think as I do, yes that's right ! And that's why BEV's are the way of the future, not hydrogen 'fool cell' cars, as Musk likes to call them. However clean burning Hydrogen for steel production made from clean Swedish wind and Hydro is most definitely going to be a thing, and i'll bet it's going to be something the Swedes are about to crow about at COP26 in Glasgow which begins tommorrow. Companies are going to falling over themselves to use this steel, that's why you find that Volvo and Mercedes Daimler are getting on board, in the rush to be seen as 'green'.

    It all bodes very well for our company. I believe Talga is going to keep pushing the message of a 'green' electrified mining operation, along with a concurrent mining / rehabilitation, ore extraction method. This will give the ultra leftist tree huggers in the country very little to be upset about, is my belief, especially when stacked up on a cost / benefit analysis. To me it is going to leave a, no new mine's position very difficult to defend, when the country clearly has the advanced technology, minerals in abundance, and skilled workforce to actually help accelerate the decarbonisation necessary if we're not all to fry to a crisp.

    This bloke has some pretty good videos on climate change and associated industry for those who haven't seen him before.


 
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