Talga Resources to build German graphite plant

THE BOURSE WHISPERER: Talga Resources (ASX: TLG) has announced it will build and commission a demonstration-scale graphene production plant in central Germany.

At this stage all costings and engineering are subject to final design work, however the company said it anticipates the plant will cost less than $1 million and, once commissioned, should scale-up to generate an approximate annual graphene output of between 100 to 200 tonnes per annum.

Talga explained its decision to establish the plant in Germany followed a great deal of interest in the company’s development by graphene technologists and end-users requiring near term large sample sizes.

Talga originally anticipated establishing a pilot scale plant in northern Sweden close to its world-class graphite deposits, however, the opportunity to produce larger samples to meet development demand created a good reason to set up the initial facility in Germany.

While the demonstration plant will allow fast tracking of its trial product, Talga indicated it expects future full-scale processing will be undertaken in Sweden.

The German plant has taken Talga to the point where it will now form a wholly-owned German subsidiary company, enabling it to both build the demonstration scale plant and capitalise on commercial opportunities in the region.

“The decision to proceed with a demonstration plant followed Talga’s success in moving its high-grade Swedish graphite ores from laboratory to bench top scale and replicating graphene process results in multiple countries with several parties,” Talga Resources managing director Mark Thompson said in the company’s announcement to the Australian Securities Exchange.

“The next stage of development will expand to a locked-cycle demonstration scale plant able to produce meaningful quantities of graphene and by-product graphite for larger customer samples and/or material graphene sales in 2015.

“Pending final design, the new German plant has the potential to be one of the largest graphene production facilities in Europe.”

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