Solid State - Lithium versus Graphite, page-2

ATC - The Company has been successful in securing senior project debt finance of USD190 million from German government owned KfW
IPEX-Bank as senior lender. Altech has also mandated Macquarie Bank (Macquarie) as the preferred mezzanine lender for the project.
The indicative and non-binding mezzanine debt term sheet (progressing through due diligence) is for a facility amount of up to USD90
million. To maintain project momentum during the period leading up to financial close, Altech has raised ~A$39 million in the last 24
months to fund the commencement of Stage 1 and 2 of the plant’s construction; Stage 1 construction commenced in February 2019
with Stage 2 now underway.


TLG - Advanced battery anode materials and graphene additives provider Talga Resources Ltd
(“Talga” or “the Company”) (ASX:TLG) is pleased to announce that its UK subsidiary,
Talga Technologies Limited, has gained funding under the UK Government’s ISCF Faraday Battery
Challenge (“Faraday”) initiative to develop Talga’s graphitic anode for solid state batteries.
Faraday represents a £246 million UK Government funding initiative for battery research,
development and scale up of facilities to help create a new supply chain for battery production in
the UK and income from battery technologies.

Faraday Project
The Faraday project titled “Cathodes, Anodes,
and Solid-state Electrolytes for Lithium Ion
Batteries” (CASE LIBs) aims to address the
industrial and fundamental challenges of solid
state batteries by bringing together Talga’s
innovative technology arm at Cambridge, UK
with Johnson Matthey, a multinational
speciality chemicals and sustainable
technologies company, and Sheffield
University one of UKs leading battery materials
groups.
The consortium partners have secured
significant funding support under the
‘Innovation’ aspect of Faraday, to support the
project. Talga shall receive a 70%
reimbursement of its eligible costs, including
salaries, consumables, equipment and
contractor expenses.