Hi Beach,MRC has a 2.4m TPA mineral sands project in South...

Hi Beach,

MRC has a 2.4m TPA mineral sands project in South Africa and a fully permitted graphite mine in Norway. As you said its MC is under $70mil and is looking at similar downstream processing as Talga who has a MC of $400mil

When you consider both companies are at a similar stage (both likely to supply FREYR)
Although Talga has completed significantly more battery development, is this really worth anything if Talga doesn't obtain a mining license?

I really don't understand why Talga don't secure third party graphite supply to move forward their anode business.
Or is it a case that Talnode only works with Talga's graphite ore?

I cannot see any major battery manufacture signing up for a sole supply of AAM, which brings us back to the point, Does Talga produce Spherical Graphite or micrographite?