| In the back blocks of the remote northern Swedish town of Lulea, in an unremarkable shed, a posse of Australian-backed engineers and scientists are cooking something up.’s Swedish chef. Except that there’s a gadget that looks like a super-complicated kettle, and one that resembles a giant mixer, and something that looks like a row of microwave ovens, feeding into a large kiln. He would probably feel right at home.
European drivers want cars with a supply chain that is as near to net-zero carbon emissions as possible – so for the carmakers, only some batteries will do. And it’s also green: rather than relying on carbon-intensive synthetic graphite, the mine yields graphite in its natural form. And because the region has abundant hydropower, the mine can operate on renewable energy.
The process is complex, but the economics are probably the trickiest part. If the company was just offering lithium, nickel or cobalt, that would essentially be one-size-fits-all. With graphite, though, the battery maker has to test and retest the material, to make sure it works with specific products.It has to be “the right shape, the right crystallinity, the right chemistry, the right performance, before it goes into a customer product”, Thompson says. And that takes time.
“It has been relatively challenging. But it is happening faster and faster now,” Thompson says. After all, “batteries are the new oil”.Shareholders seem reasonably au fait with the story. The stock used to trade at about 70¢, but during the first boom in EV sales in 2020, the price went on a month-long tear that ended at $2.
Super bullish
Talga_Ltd Amazing project, world class resource and top notch team 👏 $tlg
Talga_Ltd $TLG $TLG.ax Talga_Ltd Graphite