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- Talga (TLG) produces Europe’s first Li-ion battery anode during commissioning of its Electric Vehicle Anode (EVA) qualification plant in Sweden
- The EVA factory is said to be Europe’s first Li-ion battery anode plant
- Talga has received orders for its battery anode product, Talnode-C, manufactured at the EVA factory from 23 battery manufacturers and significant car OEMs
- The EVA plant’s commissioning is proceeding on time and within budget, with full commissioning expected for late March and the plant’s formal opening in early April 2022
- Shares in Talga were unchanged at $1.36
Talga Group (TLG) has announced the first production of its flagship Li-ion battery anode at the commissioning of its Electric Vehicle Anode (EVA) qualification plant in Luleå, Sweden.
The EVA factory is said to be Europe’s first Li-ion battery anode plant.
Following plant commissioning, Talnode-C, the group’s battery anode product will be supplied to battery cell manufacturers for further commercial testing. Talga has received orders for Talnode-C manufactured at the EVA factory from 23 battery manufacturers and significant car original equipment manufacturers (OEMs).
Commercial testing on a large scale is an important stage in the EV customer procurement process for active anode material, allowing qualification and long-term purchase contracts to be negotiated.
The EVA facility is critical to the expansion of Talga’s vertically integrated mine-to-anode business and gives the company a distinct edge in the rapidly expanding European Li-ion battery supply chain.
The EVA factory will use the company’s patented manufacturing method, which includes Talga’s own coating technology established via earlier validation procedures with automotive OEM customers, to create Talnode-C in greater numbers as required by battery cell makers.
As part of specialised customer testing programs that are already in place, large-scale samples are being committed at prices higher than DFS pricing predictions. At this point, receipts from the sale of large-scale samples under these customer testing programs are not expected to be substantial.
The EVA plant’s commissioning is proceeding on time and within budget, with full commissioning expected for late March and the plant’s formal opening in early April 2022.
“It is significant to be the first to produce Li-ion battery anode in Europe, and to have done it using our inhouse graphite mining, processing, and coating technologies is a testimony to the hard work of our team, Swerim, and the support of our shareholders and stakeholders,” Talga Managing Director Mark Thompson said.
“With Talnode®-C demonstrated to be the lowest emission anode in the world, I strongly believe it holds the best promise for local, greener batteries to be produced for the major shift to electrification now underway.”
Shares in Talga were unchanged at $1.36 at 9:38am AEDT.
