Talga soars after graphene sale

Talga soars after graphene sale

• by: BARRY FITZGERALD
• From: The Australian
• July 24, 2014 12:00AM

TALGA Resources had a good day on the market after making its first sale of the new wonder material graphene.

The price was kept confidential, and the amount sold was small. But it was enough to result in Talga shares gaining 4c, or 10 per cent, to 44c, in keeping with the current buzz about graphene and its precursor, graphite.

The graphene sold by Talga was derived from graphite recovered from drill holes at the group’s wholly owned Nunasvaara project in northern Sweden as part of the 2012 resource definition drilling program.

Drill core material is being processed in Perth as part of Talga’s scoping study into a development of Nunasvaara.

“Although most of the graphene produced to date is for internal purposes and product development, a minor portion has been distributed to potential customers in Europe,’’ Talga told the ASX.

It said a “sample’’ of graphene has since been trialled and purchased by Germany’s Microdrop Technologies, a group involved in “nano-to-3D’’ printing technology.

“The specifics and terms of the sale are confidential. However, the pricing data will assist benchmark product pricing for the financial modelling component of the Nunasvaara scoping study that is under way,’’ Talga said.

Graphene is a super-strong and super-conductive material derived from graphite and is only one atom thick.

http://www.theaustralian.com.au/bus...er-graphene-sale/story-e6frg8zx-1226999262797