TLG 2.13% 46.0¢ talga group ltd

Ann: Interim Scoping Study Report shows expansion potential, page-70

  1. 6,572 Posts.
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    Just to put the recent expansion scoping study into context, I was reading the last preso from BKT describing their graphite mine in Africa. They claim they have the 2nd largest graphite reserve globally (213mt @ 7.8%). They propose to produce 347ktpa of graphite concentrate, of which 30% is fines suitable for refining to battery anode (by Posco), so all up about ~100ktpa of final anode product. This is roughly comparible to Talga's smallest expansion plan (0.6Mt of ore producing ~127ktpa anode). Note in our scoping study, TLG's cut-off grade is 15%Cg, or about twice that of the BKT ore ! So even large mines like BKT will probably not be able to compete with TLG in terms of tonnage of anode in production, especially if either of the 1.0Mtpa or 2.0Mtpa scenarios proposed by TLG are implemented.

    All IMHO, DYOR

 
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