TLG - Media, page-6440

" And with the rise of companies like Novonix Synthetic Graphite will not help our case."

Novonix does not compete with Talga. They will have zero impact on TLG's SP in the long-run (and TLG won't impact NVX). Some of you still aren't grasping the situation in the graphite anode market.

• The battery market needs literally millions of tons of graphite anode per annum, and producers will not be able to keep up. Novonix is aiming to produce 40K tpa by 2025 and 150K tpa by 2030. They're a drop in an ocean. Talga will be just a drop too until we scale up to 1M tpa in the back half of the decade.

• Synthetic and Natural anode are not direct competitors. Most battery producers blend both. Talga and Novonix are more likely to share customers (if they're blended together) than compete for sales. Talga's biggest competitors are the Chinese natural anode producers. Novonix main competitors are the Chinese synthetic anode producers. Neither synthetic nor natural will take full control of the market, because synthetic can achieve higher performance and natural can achieve lower costs - the market wants both.