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Talga Resources test work shows superiority of its battery graphite anode material

Talga sees clear potential for near-term sales into the lithium-ion battery market.
3d render of electric cars charging from large glowing yellow battery outlets
Results showed 20% higher capacity and power than a current market-leading product

Talga Resources Ltd (ASX:TLG) has received performance test work results for its graphite anode material in commercial-size cells for lithium-ion batteries.

Results showed higher performance, energy, power and lifespan at potentially lower cost and no decrease in safety when compared to a current market-leading anode graphite product.

The results show potential for Talga graphite anodes to exceed synthetic and natural graphite standards used by the global battery component supply.

Additionally, the results open up the potential for Talga to enter the lithium-ion battery anode supply chain at a higher level and price point.

Talga’s managing director Mark Thompson said: “These results are a highly significant development for Talga.

“The unique characteristics of our Swedish graphite ore body combined with our proprietary processing technologies produces a Li-ion battery with significantly higher power and energy as tested by WMG.

“The company considers that based on the results, Talga’s graphite will set the industry standard for lowering cost of production as it eliminates comparatively expensive industry standard spheronisation/micronisation and coating required for material currently sourced from Chinese and other graphite flake producers.

“We also don’t see their large milling losses resulting from milling down large graphite flakes to suit battery anode size material.

“The test results and Talga’s unique position in the market create optionality for scale-up development, commercial partnerships and sales of advanced materials in addition to graphene-only products in future.

“Talga’s significant resources positions our energy products division to evolve into a stand-alone battery technology company with exclusive access to a lower cost and unique, high performance battery grade graphite, sourced from our wholly-owned deposits in Sweden.”

Talks are underway

Talga sees clear potential for near-term sales in addition to graphene products, particularly in Europe where the lithium-ion battery market is growing rapidly.

Talks are underway with major European and Asian based battery manufacturers and end users.

View full TLG profile View Profile

Talga Resources Ltd Timeline

Newswire
June 01 2017

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