Talga Group (TLG) Investor update summary

Market and positioning

• Graphite remains ~95% of anodes; over 99% of supply is made from Chinese material, via Chinese material or with Chinese technology.

• Anode performance depends on particle size, coating, purity, fast-charge capability, cycle life, efficiency, emissions and traceability—not graphite tonnage alone.

• Demand drivers include fast charging, long cycle life, non-Chinese sourcing and lower-carbon processing; natural graphite processed on clean power is positioned against high-emissions synthetic graphitisation.

• Premium targets include drones, eVTOL, aerospace, data centres, industrial robotics and premium EVs; strategy favors multiple smaller premium applications over dependence on a few large automotive offtakers.

Assets and production platform

• Swedish resource: 35 Mt at 23.8% graphite, with 100% battery-size flake; the permitted plan cites a 24-year mine life supporting 19,500 tpa of anode.

• Vittangi exploration target is 240–350 Mt at 20–30% graphite, conceptual and subject to further exploration; a study outlines potential expansion to a 2 Mtpa mine and 425,000 tpa of anode feedstock.

• Integrated mine-to-anode platform covers purification, shaping and coating, with 37 globally granted patents and FEOC-free material, process technology and equipment.

• EVA demo plant has produced anode since 2022; Talnode-C is qualified and in market, with manufacturing expertise developed over eight years.

Commercial progress

• Nyobolt commercial deliveries began in FYQ1 2027 under an offtake; shipments are underway, and Nyobolt has announced deals in warehouse, industrial and humanoid robotics.

• Binding Dainen term sheet reserves 2,000 tpa of Talnode-C for five years from late 2027, with possible extension; customer testing has run for more than five years, including requalification to updated automotive specifications.

• Further discussions or term sheets involve Mitsubishi Chemical, Hanwa/GS Yuasa, Verkor, ACC, V4Smart and EAS Batteries; customer work also spans applications and cell makers in Japan, Europe and North America.

• Convert LOIs into binding sales contracts; Japanese term sheets and LOIs also contemplate project investment, including Dainen investor engagement and Hanwa offtake and investment.