Telga has the highest grade deposits in sweeden with multiple developments of graphene products..
The simplest and most affect mining technique by far due to their high grade ore slabs.
Below is Seeking Alphas latest article on TLG, (2/11/17)
Talga Resources
Talga Resources is a more traditional mining company, that has graphite properties in Sweden. The unique feature of Talga’s graphite is the high head grade of the graphite which allows the ore to be mined and shipped economically without further processing. The ore is cut, like quarrying stone, and is shipped in blocks.
The unique processing method which uses the blocks of ore as electrodes in an electrolytic cell, produces very fine graphite and graphene, directly from the ore without any milling, flotation or other purification steps.
Talga has built a pilot plant in Rudolstadt, Germany. Current capacity is 30 tonne per year of ore (approximately 8 tonnes per year of carbon products), and the plant is configured to produce up to 76% of the inputted carbon as graphene with the remainder as graphite. An expansion to the pilot plant is in progress, and is expected to quadruple the annual production. The intent is to build the final commercial scale plant in Sweden, closer to the mine site.
A scoping study produced in 2014 for a plant to produce 1,000 tpa of graphene and 46,000 tpa of graphite is no longer relevant, since the company is moving towards producing a much higher ratio of the higher value graphene product. A feasibility study, currently in progress is expected to be completed in 2018, and will include a higher graphene production (possibly 5,000 tpa with a 50/50 graphene/graphite split). All in sustaining costs of production may be as low as $US 1,000/ tonne, based on estimated costs from the previous study.
Talga has partnerships with other companies to develop applications for graphene. Two of the more promising are with Chemetall (a division of BASF) to develop graphite enhanced coatings and paints, and with Heidelberg Cement to develop graphene enhanced concrete.
Talga recently raised $AUS 12 million to fund development of its projects and now has $AUS 16 million in cash ($US 12.7 million). In addition, there are outstanding “in the money” options which, if exercised would bring in a further $US 15 million.
Talga’s cash burn for the next quarter is expected to be $AUS 2.8 million and the company has sufficient cash to see it through the next phase of development to the end of 2018, and to complete the expansion of the pilot plant. In addition, income is being generated because the test samples produced at the pilot plant are now being sold to potential users rather than given away for free.
