Talga Group (TLG) Investor presentation summary

Market opportunity and anode bottleneck

• China’s synthetic graphite surplus is concentrated in conventional and mid-range EV grades; tier-1 fast-charge, high-power anode from permitted non-Chinese supply is described as rare.

• Graphite represents 95% of today’s lithium-ion anodes, but cell makers buy to anode specifications; shaping, purification and coating are identified as the key Western capability gap.

• Natural graphite can gain share where cost and jurisdiction align with high-power and fast-charge needs.

Tier-1 requirements

• Fast-charge and high-power applications favor smaller, more crystalline natural graphite; BESS and commercial vehicles require consistency to limit swelling and preserve cycle life.

• Traceability and processing jurisdiction matter under EU Battery Regulation, OEM audits and US FEOC rules; premiums for non-Chinese tonnes apply where policy and defense rules support them.

• Synthetic graphitisation above 2,800°C is presented as an emissions challenge; natural graphite processed on clean power is positioned as a lower-carbon alternative.

• Target markets include drones and eVTOL, UAVs, aerospace, AI data centres, industrial robotics, hybrid and premium EVs.

Commercial progress and scale-up

• Qualified premium anode products have been produced at a Swedish demonstration plant since 2022; first commercial shipments began in July 2026.

• Customer agreements include Nyobolt, Mitsubishi Chemical, V4Smart / Porsche, Dainen, Hanwa, ACC, Verkor and EAS; Hanwa includes a strategic investment track.

• Exploitation and environmental permits are in force for the mine, concentrator and Swedish downstream refinery; DFS and FEED technical packages are complete.

• Planned modular refinery scale-up starts at 19.5 ktpa; construction is planned for 2027 subject to FID, with potential US expansion under review.