Stories impacting the global battery industry

November 2020

WESTERN AUSTRALIA NAMES FUTURE BATTERY TASKFORCE MEMBERS
reneweconomy.com.au

Western Australia’s Labor-led McGowan Government announced on Monday the members of its Future Battery Industry taskforce which will seek to grow the state’s future battery industry.



WA PLANNING ONE OF WORLD'S LONGEST CONTINUOUS ELECTRIC CAR NETWORKS
www.abc.net.au

Western Australia plans to build one of the longest continuous electric vehicle networks in the world and has committed $100 million to a previously-mooted battery to stabilise the power network. The State Government has also committed to buying 25 per cent electric vehicles for the state fleet when possible, a move that will involve installing EV charging stations in government buildings.



ACQUISITIVE CHINESE MINER TIANQI LITHIUM FACES DEBT CRUNCH
asia.nikkei.com

Even though China is ahead of the curve in this key sector, Tianqi Lithium, one of the largest global lithium producers in China, is on the brink of defaulting on a loan worth $1.884 billion. The company is in dire financial straits, at a time when the industry is heading for a bright future with powerful policy support.



MEXICO MOVES AHEAD WITH LITHIUM NATIONALIZATION PLANS
www.mining.com

Mexico is moving ahead with plans to nationalize its emerging lithium industry after a member of the ruling Morena party introduced a draft bill in parliament last week, which calls for the battery metal to be deemed the exclusive property of the nation, with production controlled by the state.



VW SPEEDS UP WORK ON SMALL ELECTRIC CAR, CULLS COMBUSTION MODELS
www.bloomberg.com

Volkswagen AG is accelerating development of a compact electric car that will cost less than 30,000 euros ($35,800) as tightening emissions rules and generous subsidies bolster sales of battery-powered vehicles, according to people familiar with the matter. The VW-branded car may be introduced as early as 2023, flanking the ID.5 crossover to be sold from next year as well as an electric iteration of the iconic hippie-era minibus slated for 2022, said the people, who asked not to be identified discussing internal plans. VW is also working on a fully electric station wagon, dubbed Aero, with a battery range of as much as 700 kilometers (435 miles) to be sold from 2023, the people said.



KOREA’S AUTOMOBILE EXPORTS DROP 23% FROM 2019
www.businesskorea.co.kr

Korea’s automobile exports suffered a setback in 2020 due to the spread of COVID-19, but exports of eco-friendly cars have climbed 12 percent compared to 2019. In particular, electric vehicle (EV) exports have soared 75 percent over the same period.



BATTERIES AND HYDROGEN READY TO TAKE OFF
www.afr.com

The falling cost of storage batteries is helping to accelerate take-up, with demand very strong in particular for lithium ion batteries says a top executive with Maoneng Group, a Chinese-Australian company which is working closely with AGL Energy.



SCANIA TO BUILD BATTERY ASSEMBLY PLANT AND BATTERY LAB IN SWEDEN
insideevs.com

Scania announced two new investments in battery plant and lab to prepare a foundation for upcoming mass electrification. The first is a highly automated battery assembly plant, adjacent to the chassis assembly plant in Södertälje, Sweden, where the company intends to produce modules and packs using battery cells from Northvolt's factory in Skellefteå, Sweden. The second project is a new 1,000-square meter battery laboratory, also at the Södertälje site. It should be completed by Spring 2021 and become fully operational by Autumn 2021. The total cost of this project is €15.5 million ($18.4 million).



CHINA-LED SHIFT TO ELECTRIC VEHICLES TO HELP END 'OIL ERA': STUDY
www.reuters.com

An aggressive China-led shift to electric vehicles is expected to slash global oil demand growth by 70% by 2030 and will help bring an end to the “oil era”, according to research by the Carbon Tracker think tank published on Friday.



GM UPS SPENDING ON EVS AND AUTONOMOUS CARS BY 35% TO $27 BILLION
www.cnbc.com

GM will spend $27 billion on all-electric and autonomous vehicles through 2025, an increase of $7 billion, from initial plans announced in March. The increase in investment will support GM’s plans to release 30 new EVs globally by 2025, including more than 20 for North America. GM said it has moved up the release of 12 EVs, including pickups for its Chevrolet and GMC brands.



BATTERY LIFE: THE RACE TO FIND A STORAGE SOLUTION FOR A GREEN ENERGY FUTURE
t.co

“Solar and wind are the cheapest form of generation in multiple countries, but you need that storage to make it work once you have got the renewable penetration to a certain size of your energy mix, like we saw during Covid,” he says. “Covid has . . . proven the business case [for battery storage] five years in advance.”



PANASONIC, EQUINOR AND HYDRO EXPLORING THE POTENTIAL FOR A EUROPEAN BATTERY BUSINESS
www.jointbatteryinitiative.com

Leading technology company Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business in Norway.



TESLA SUPPLIER PANASONIC TO MAKE BIG BATTERY BET IN EUROPE
on.ft.com

Panasonic is making a significant push into Europe with plans to set up its first battery factory in Norway, as the Japanese group tries to leverage its success supplying Tesla in the US to win more business from European carmakers. The group intends to team up with Norwegian state-controlled oil and gas major Equinor and aluminium company Norsk Hydro for a feasibility study on expanding its battery business in Europe to be completed within six months.



UK BANS SALE OF NEW FOSSIL FUEL CARS BY 2030, TESLA AND UBER PUSH FOR SAME IN US
thedriven.io

The UK government has formally announced its much-anticipated plan to ban the sale of the internal combustion engine by the year 2030, as part of a broader ‘ten point plan’ for a ‘green industrial revolution’. The announcement comes only hours after a new alliance between Tesla, Rivian and Uber was announced in Washington, named “Zeta 2030“, targeting 100% electric vehicle sales as market share by 2030.



UTILITIES, TESLA, UBER CREATE U.S. LOBBYING GROUP FOR ELECTRIC VEHICLE INDUSTRY
www.reuters.com

A group of major U.S. utilities, Tesla, Uber and others said on Tuesday they are launching a new group to lobby for national policies to boost electric vehicle sales. The new Zero Emission Transportation Association wants to boost consumer electric vehicle incentives and encourage the retirement of gasoline-powered vehicles. It also advocates for tougher emissions and performance standards that will potentially enable full electrification by 2030.



AGL PLANS HUGE BATTERY IN SOUTH AUSTRALIA
www.afr.com

AGL Energy has unveiled ambitions to build a huge new battery at its Adelaide power generation site as part of the next stage of its strategy to roll out 850 megawatts of storage across the National Electricity Market by 2023-24. The system is to be installed at the site of the Torrens Island power station and built in stages up to a capacity of 250 MW, with storage of up to four hours. A final go-ahead to build remains subject to finalising contracts and approvals. The battery is the latest mega-storage project announced in Australia in recent weeks, after French player Neoen announced its Victorian Big Battery that will have output of 300 MW and 450 MWh of storage, and NSW grid owner TransGrid flagged a storage project in Sydney's west involving 50 MW and 75 MWh.



QUEBEC TO BAN SALE OF NEW GAS-POWERED VEHICLES AS OF 2035
www.cbc.ca

A ban on the sale of new gas-powered vehicles in Quebec as of 2035 stands to be the flagship measure of the Legault government's green economy plan.



UK TO BAN SALE OF NEW PETROL AND DIESEL CARS FROM 2030 - FT
uk.reuters.com

British Prime Minister Boris Johnson plans to announce next week a ban on the sale of new petrol and diesel cars from 2030, five years earlier than previously planned, the Financial Times reported on Saturday.



INDONESIA TO WOO TESLA INVESTMENT IN PUSH TO BECOME BATTERY SUPERPOWER
mobile.reuters.com

Indonesian President Joko Widodo said he will send a high-level team next week to meet with top executives of U.S. automaker Tesla as the Southeast Asian country aims to become the world's biggest producer of electric vehicle batteries.



TIANQI LITHIUM SAYS NO CASH FLOW IMPROVEMENT AS DEBT CLOCK TICKS
mobile.reuters.com

China's Tianqi Lithium Corp said on Friday its financial situation has not improved in recent weeks as a major repayment deadline on a $3.5 billion loan looms and its application to adjust the terms is still under review.



FORD CEO SAYS CARMAKER NOW EYES MAKING OWN EV BATTERIES
mobile.reuters.com

Ford Motor Co has reversed course and is now considering making its own battery cells as sales volumes of electric vehicles rise around the world, the automaker's top executive said.



VOLKSWAGEN BOOSTS INVESTMENT IN ELECTRIC AND AUTONOMOUS CAR TECHNOLOGY TO $86 BILLON
uk.reuters.com

Volkswagen has raised its planned investment on digital and electric vehicle technologies to 73 billion euros ($86 billion) over the next five years as it seeks to hold onto its crown as the world's largest carmaker in a new green era.



BIDEN’S WIN MEANS HELP FOR AUTOMAKERS SELLING ELECTRIC VEHICLES
www.bloomberg.com

The big winners under Biden’s plan would be Tesla and GM. They moved first selling EVs and have used up the maximum 200,000 tax credits awarded to customers of a single automaker under the current program. Both companies are at a disadvantage in the market now, Schuster says. And they could really suffer once rivals such as Ford Motor Co., Amazon-backed Rivian Automotive Inc., and a few other startups begin selling electric pickup trucks.



GOVERNMENT OF INDIA HAS APPROVED USD$2.4 BILLION IN SUBSIDIES FOR DOMESTIC BATTERY MANUFACTURING
www.pib.gov.in

Advance Chemistry Cell battery manufacturing represents one of the largest economic opportunities of the twenty-first century for several global growth sectors, such as consumer electronics, electric vehicles, and renewable energy. The PLI scheme for ACC battery will incentivize large domestic and international players in establishing a competitive ACC battery set-up in the country.



GALAXY SECURES OFFTAKE PARTNER AT MT CATTLIN
www.australianmining.com.au

Galaxy Resources has locked in a three-year offtake agreement with Sichuan Chengtun Lithium for its spodumene concentrate from the Mt Cattlin project in Western Australia.



BIDEN WIN BOOSTS SOUTH KOREAN EV BATTERY MAKERS
asia.nikkei.com

Joe Biden's win in the U.S. presidential election is giving a lift to South Korean electric vehicle battery makers as investors bet his green policy will help them expand in the American market. LG Chem's shares jumped 12.9% over three days from Nov. 5 when Biden first appeared close to victory at the polls. Samsung SDI shares soared 16% for the three trading days from Nov. 5 to Nov. 9, and were flat on Tuesday. SK Innovation's shares surged 18.9% for the three days through Monday and were up 1.9% on Tuesday.



GM PLANS TO HIRE 3,000 WORKERS TO SPUR ELECTRIC-CAR DEVELOPMENT
www.bloomberg.com

The Detroit automaker said Monday it plans to hire 3,000 new employees across engineering, design and information technology to spur efforts to develop more EVs and the software that runs them. That’s about as many workers as GM employs at its engine and vehicle-assembly plant in Spring Hill, Tennessee. The new hires will be added by the end of the first quarter of 2021, the automaker said.



KONA EV FIRES PUT BRAKES ON HYUNDAI MOTOR-LG CHEM BATTERY JOINT VENTURE IN INDONESIA
www.businesskorea.co.kr

Hyundai Motor Co. and LG Chem have stopped promoting the planned establishment of an electric vehicle (EV) battery joint venture in Indonesia due to the recent series of Kona EV fires. The two companies reportedly planned to officially launch the joint venture at the end of 2020.



ALBEMARLE TO KICK OFF KEMERTON EXPANSION IN 2021
www.australianmining.com.au

American lithium producer Albemarle is expecting to commission the expansion of the Kemerton lithium plant in Western Australia next year, with sales production starting in 2022.



CHINA CAR SALES GO FROM STRENGTH TO STRENGTH AS VIRUS EASES
www.bloomberg.com

Retail sales of cars, SUVs and multiple-purpose vehicles increased 8% from a year earlier to 2.02 million units in October, the China Passenger Car Association said Monday. Wholesales of new energy vehicles, which includes electric cars, more than doubled to 144,000 units.



VW’S BOSS WARNS THE TROOPS: WE DON’T WANT TO END UP LIKE NOKIA
www.bloomberg.com

Volkswagen AG is at a critical juncture. It has weathered the pandemic relatively well but is fretting about cases going up again. It has electric cars rolling out but is well behind Tesla Inc. And it has massive manufacturing scale but desperately needs to rethink its vehicles as rolling software devices. It’s this last issue that Chief Executive Officer Herbert Diess drives home with VW’s more than 635,000 employees. The transition in competencies from industrial might to software prowess will be an immense challenge for automakers that are vast, deliberate and some say ripe for disruption. Car companies that get it wrong risk ending up like Nokia Oyj—failed hardware makers doomed by more nimble and technologically adept upstarts.



VICTORIA TO GRAB BIGGEST BATTERY TITLE
www.afr.com

The Victorian Big Battery will be twice the size of the famous Tesla battery at Hornsdale in South Australia, with a capacity of 300 MW and 450 megawatt-hours.



“HUMUNGOUS” BATTERIES WILL BE MAINSTREAM FEATURE OF RENEWABLE GRIDS, SAYS TESLA
reneweconomy.com.au

Tesla chair Robyn Denholm has described the mainstream adoption of grid-scale battery storage in Australia and around the globe as “the key” to replacing emissions-intensive – and increasingly anachronistic – gas and coal power generation with 100 per cent renewables.



BMW GOING FOR DEDICATED EV PLATFORM IN STRATEGIC TURN
www.electrive.com

BMW is changing its electric strategy and is now developing a dedicated electric car platform to utilise in the new plant in Hungary after 2025. The company also intends to start building a fully electric model in the city of Regensburg from 2022.



PLATEAU ENERGY METALS SEEKS $600 MLN FOR DELAYED PERU LITHIUM PROJECT
mobile.reuters.com

Canada's Plateau Energy Metals is seeking nearly $600 million to develop Peru's sole lithium project and hopes to start mining by 2023, a year later than planned, a company official said, as the country tries to gain ground in developing the battery metal.



JAPAN'S NIDEC PLANS $2 BILLION EV MOTOR FACTORY IN EUROPE
www.reuters.com

Nidec Corp will spend 200 billion yen ($1.9 billion) on a new plant in Serbia to build motors for electric vehicles as it seeks to win more business from automakers turning away from internal combustion engines, the Nikkei newspaper reported.



NEW ENERGY VEHICLES TO MAKE UP 20% OF CHINA'S NEW CAR SALES BY 2025
uk.reuters.com

Sales of electric, plug-in hybrid and hydrogen-powered vehicles in China, the world’s biggest auto market, are forecast to rise to 20% of overall new car sales by 2025 from just 5% now, the State Council said.



CHINA PLANS TO PHASE OUT CONVENTIONAL GAS-BURNING CARS BY 2035
asia.nikkei.com

China plans to make all new vehicles sold in 2035 "eco-friendly," part of a goal that promises to give a tailwind to Japanese automakers like Toyota Motor, which specializes in hybrid engines. Of all new vehicles sold that year in the world's most populous nation, 50% are to be "new-energy" vehicles -- electric, plug-in hybrid or fuel cell-powered. The other half are to be hybrids.



from the ASX...
ATC: ALTECH - $14.5 MILLION UNDERWRITTEN ENTITLEMENT OFFER
November 10th, 2020

link to asx announcements for ATC


ATC: ALTECH - COLLABORATION AGREEMENT WITH LEADING SILICON CO
November 10th, 2020

link to asx announcements for ATC


AUZ: CHAIRMAN ADDRESS - 2020 ANNUAL GENERAL MEETING
November 10th, 2020

Throughout the 2020 financial year, Australian Mines maintained its focus on bringing the Company’s world-class, Sconi Nickel-CobaIt-Scandium Project in North Queensland into production. When fully developed, the Sconi Project will be one of the world’s most cost- competitive producers of battery precursor chemicals and will, according to the June 2019 Bankable Feasibility Study, generate around $5 billion in free cashflow over its first 30 years of production.

link to asx announcements for AUZ


EGR: COMPLETION OF ECOGRAF PROCESSING FACILITY DEVELOPMENT REPORT
November 5th, 2020

World’s first purified spherical graphite processing facility outside of China at a time when electric vehicle, battery and anode producers are actively seeking to diversify battery mineral supply chains.

High growth battery graphite market forecast by Benchmark Mineral Intelligence to expand by an annual growth rate of 31.5% over the next decade and reach 1.2 million tonnes per annum by 2030.

Proprietary EcoGrafTM purification processing technology provides competitive advantages through environmental sustainability, product quality and low cost with patent pending and trademarks registered.

Financial modelling shows strong economic returns, with an equity NPV of US$317m, equity IRR of 42.4% and payback period of 3.3 years.

Conservative development schedule provides opportunity for capital savings through scheduling and procurement strategies, with GR Engineering to undertake an optimisation process during the construction early works program.

Recycling application of the EcoGrafTM purification process to recover high purity carbon anode material from lithium-ion battery production waste and recycled batteries, provides the opportunity to assist anode and battery manufacturers reduce production costs, lower carbon emissions and progress towards closed- Ioop manufacturing processes.

link to asx announcements for EGR


EGR: FURTHER POSITIVE RESULTS - RECYCLED LI-ION BATTERY MATERIALS
November 30th, 2020

Positive results of up to 99.8% carbon achieved during testing with potential European customers on the recovery of high purity carbon anode material from battery black mass.

Engineering design commenced for a containerised pilot plant.

Funding for pilot plant to be sourced through the Company’s RnD programs and collaboration with potential customers.

Pilot plant to provide recovered carbon anode material for product qualification process, focussed on re-use of graphite in lithium-ion batteries and specialised industrial carbon products.

Opportunity to blend its high purity battery spherical graphite from its planned WA manufacturing facility to provide a unique recycled anode material to the lithium-ion battery market.

link to asx announcements for EGR


GLN: GALAN COMPLETES 100% ACQUISITION IF KEY PROJECTS AT HMW
November 4th, 2020

link to asx announcements for GLN


GLN: HUGE INCREASE IN HOMBRE MUERTO WEST RESOURCE
November 17th, 2020

Galan overtakes POSCO as the third largest publicly disclosed lithium resource in the Hombre Muerto salt flat basin.

HMW Indicated resource massively expands by 65% with an additional 895 thousand tonnes (Kt) of contained lithium carbonate equivalent (LCE) @ 946mg/l Li (no cut off).

Substantial resource increase arises from the strategic acquisition of Del Condor concession and an SRK review of average porosity data.

Galan’s total HMW resource estimate now stands at a world class 2.3 million tonnes (Mt) LCE @ 946mg/I Li.

POSCO’s $US280m transaction with Galaxy based on a resource of 2.5Mt @ 732mg/I Li.

Galan’s combined total resources in the Hombre Muerto basin ~3.0Mt Mt @ 858mg/l Li.

PEA/scoping study remains on track for delivery in Q4 2020.

link to asx announcements for GLN


GXY: FULLY UNDERWRITTEN A$161M EQUITY FINANCING
November 25th, 2020

Fully underwritten 1 for 14 pro-rata accelerated non-renounceable entitlement offer and institutional placement to raise A$161 million.

Equity Financing proceeds to be applied to Sal de Vida Stage 1 which is expected to position Galaxy to meet its previously stated development timeline and progress James Bay to construction ready status.

Equity Financing provides funding certainty and mitigates pricing uncertainty of alternative funding sources for Sal de Vida created by COVID-19.

Galaxy now in a position to continue with the Sal de Vida capital program in advance of scheduled first production in late 2022.

New shares to be issued at A$1.70 per share, representing a 15.0% discount to last close, 12.5% discount to TERP, and 8.1% discount to the 10-day VWAP.

link to asx announcements for GXY


GXY: COMPLETION OF PLACEMENT AND INSTITUTIONAL ENTITLEMENT OFFER
November 26th, 2020

Placement and Institutional Entitlement Offer attracts strong demand from both eligible existing and new institutional investors located in Australia and internationally.

Fully underwritten Retail Entitlement Offer to raise a further ~A$37 million which opens on Tuesday, 1 December 2020 is expected to close at 5.00pm (Sydney time) on Thursday, 10 December 2020.

Equity Financing proceeds to be applied to Sal de Vida Stage 1 which is expected to position Galaxy to meet its previously stated development timeline and progress James Bay to construction ready status.

Equity Financing provides funding certainty and mitigates pricing uncertainty of alternative funding sources for Sal de Vida created by COVlD-19.

Galaxy now in a position to continue with the Sal de Vida capital program in advance of scheduled first production in late 2022

link to asx announcements for GXY


HZR: HAZER & MINERAL RESOURCES TERMINATE COLLABORATION AGREEMENT
November 23rd, 2020

Hazer Group Limited wishes to advise that Mineral Resources Limited has advised Hazer that it will not be proceeding to Stage 2 of the development of the synthetic graphite project proposed under the binding cooperation agreement entered into between the companies in December 2017 (Collaboration Agreement). A deed of termination in respect of the termination of the Collaboration Agreement has been exchanged between the companies and is expected to be executed in due course.

link to asx announcements for HZR


INF: SAN JOSE FEASIBILITY STUDY - TESTWORK UPDATE
November 17th, 2020

Positive results: test work outcomes have achieved an improvement on the PPS open circuit flotation recoveries.

Potential to achieve a substantial improvement in Li2O recoveries in closed circuit test work.

Test work momentum maintained in the EU despite the impacts of the pandemic.

link to asx announcements for INF


LKE: HIGH PURITY LITHIUM CARBONATE INTO NOVONIX BATTERIES
November 26th, 2020

First samples of Lake’s high 99.97% purity lithium carbonate sent to Novonix in Canada to produce high-performance lithium-ion batteries.

Novonix provides high technology battery testing equipment to Tier 1 battery makers giving Lake global exposure.

Hazen continues to produce high purity 5kg-6kg carbonate samples using a simple flowsheet from lithium chloride produced at the Lilac Solutions pilot plant module from Lake’s Kachi brines.

Novonix program will be undertaken over four months with first results anticipated in February.

link to asx announcements for LKE


NMT: LITHIUM BATTERY RECYCLING - MOU WITH BATTERY MAKER INOBAT
November 3rd, 2020

link to asx announcements for NMT


PLL: SPODUMENE CONCENTRATOR PILOT TESTWORK LAUNCHED
November 11th, 2020

link to asx announcements for PLL


PLL: PIEDMONT LITHIUM EXPANDS DRILL PROGRAM
November 17th, 2020

Current drill program expanded by 25,000 meters with three new drill rigs added for a total of five rigs.

Drilling to expand Mineral Resources is proceeding positively and resource updates are expected in Q1 2021.

Infill drilling will target upgrading the Company's Mineral Resources on the Core property from Inferred to Indicated classification in advance of a Definitive Feasibility Study.

link to asx announcements for PLL


PSC: DEVELOPMENT OF HIGH PURITY LITHIUM PILOT PLANT
November 11th, 2020

link to asx announcements for PSC


RNU: SILICON-ENHANCED ANODES USING SIVIOUR GRAPHITE
November 25th, 2020

Preliminary half-cell trials of Renascor’s Siviour Purified Spherical Graphite (PSG) in silicon-composite anodes deliver exceptional electrochemical performance results.

The addition of silicon in graphite anodes offers the potential to improve the storage capacity of lithium-ion batteries, with considerable attention focused on developing an efficient next-generation, silicon-enhanced anode.

The silicon-enhanced anode test program, undertaken by next-generation silicon-composite anode developer Sicona Battery Technologies Pty Ltd, was designed to assess initial discharge capacity, the amount of charge delivered by a battery during its initial use.

The tests, which were an initial, unoptimised trial of silicon-enhanced anodes produced with Renascor’s Siviour PSG, returned significantly higher initial discharge capacity than graphite-only anodes (up to 81% higher).

Silicon-composite anodes produced with Renascor's Siviour PSG met or exceeded the performance of all reference natural graphite previously tested by Sicona, a result attributed by Sicona to the favourable crystallinity, uniformity and surface area of Renascor’s Siviour PSG.

As a result of these positive preliminary results, Renascor and Sicona plan to undertake more extensive full cell tests to further validate the viability of using Renascor’s Siviour PSG in Sicona's silicon-enhanced anodes, prior to conducting a commercial trial at Sicona’s planned pilot production plant in Wollongong, New South Wales.

Successful testwork using emerging Silicon composite technology builds on Renascor's previously demonstrated performance in conventional graphite battery anode technology testing.

link to asx announcements for RNU


SYA: NAL BIDDING PROCESS RELAUNCHED, CLOSING JANUARY 2021
November 4th, 2020

Québec’s Superior Court approves monitor’s request to extend North American Lithium (NAL) bidding process to closing date of 22 January 2021; bidding process relaunched with all interested parties including Sayona to resubmit bids.

Sayona confident of successful bid, backed by world-class advisory team and turnaround plan based on integrating NAL with the Company’s flagship Authier Lithium Project to significantly improve plant performance and economics.

link to asx announcements for SYA


SYA: MANAGING DIRECTOR UPDATE - QUEBEC ACCELERATES EV DRIVE
November 24th, 2020

Québec announces phase out of gasoline engine vehicles by 2035 as electric vehicle (EV) sector continues to accelerate in Canada and United States.

EIS studies advance at flagship Authier Lithium Project; North American Lithium (NAL) bid continues to progress.

Sayona resumes full ownership of Western Australian gold and lithium portfolio following termination of Earn-In Agreement with Altura Mining.

link to asx announcements for SYA


TLG: STATE-OWNED GIANT LKAB JOINS MITSUI IN TALGA ANODE PROJECT
November 2nd, 2020

Swedish state-owned mining and minerals group LKAB has joined Mitsui in executing a tripartite non-binding Letter of Intent with Talga.

The LOI outlines the intent to jointly develop Talga’s Vittangi anode project in northern Sweden following detailed feasibility study due Q1 2021 and due diligence.

Agreement offers significant opportunities for synergies across Swedish operations and infrastructure, regional investment and global sales/distribution

link to asx announcements for TLG


TLG: TALGA SILICON ANODE RECEIVES UK GOVERNMENT SUPPORT
November 4th, 2020

Battery anode company Talga Resources Ltd is pleased to advise that it has received a commitment for grant funding under the UK Government‘s Automotive Transformation Fund1:2 to complete a preliminary feasibility study into the commercialisation of Talga‘s silicon anode product in the UK.

link to asx announcements for TLG


TLG: UK GOVERNMENT SUPPORTS UK TALNODE-C REFINERY STUDY
November 4th, 2020

Battery anode company Talga Resources Ltd is pleased to advise that it has received a commitment for a ~AU$1.8 million UK Government grant to complete a feasibility study into the commerciality of a Talga UK Anode Refinery.

link to asx announcements for TLG


VUL: TARO UPDATED AND INCREASED RESOURCE
November 12th, 2020

link to asx announcements for VUL


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