TLG 1.41% 70.0¢ talga group ltd

The Court's decision is simple. Either approve Talga's...

  1. 1,284 Posts.
    lightbulb Created with Sketch. 868
    The Court's decision is simple. Either approve Talga's application with adequate safeguards or the EU buys graphite and cars from China,

    China isn't really an option because it risks serious damage to the battery gigafactories, the EU EV industry, EU credibility and the planet:

    1. China has already begun to restrict the export of synthetic graphite because of increasing domestic demand. So there is a real supply chain risk to the gigafactories getting enough synthetic Chinese graphite to make batteries.
    2. The 2026 battery passport legislation will impose tariffs on Chinese graphite and batteries. Tariffs push up input costs in turn squeezing margins just when the industry is starting up threatening viability. The industry needs lower costs not higher costs.
    3. Using synthetic graphite locks the European EV industry into fossil fuel dependency. Undermines whole point of going "green".
    4. While adding to environmental pollution and missing a golden opportunity to help save the planet.

    As most everyone says its a no brainer. But safeguards are key.
 
watchlist Created with Sketch. Add TLG (ASX) to my watchlist
(20min delay)
Last
70.0¢
Change
-0.010(1.41%)
Mkt cap ! $265.8M
Open High Low Value Volume
71.0¢ 72.0¢ 69.5¢ $189.6K 269.1K

Buyers (Bids)

No. Vol. Price($)
1 19999 70.0¢
 

Sellers (Offers)

Price($) Vol. No.
70.5¢ 1000 1
View Market Depth
Last trade - 16.10pm 30/04/2024 (20 minute delay) ?
Last
70.0¢
  Change
-0.010 ( 0.71 %)
Open High Low Volume
70.0¢ 72.0¢ 69.5¢ 61109
Last updated 15.55pm 30/04/2024 ?
TLG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.