Talga Resources has produced and delivered its first value-added graphene based product — a metal pre-treatment graphene coating — to a leading global coatings company.
The product was delivered after the filing of a patent application over the graphene coating composition and production method.
Australian-based Talga sources graphite ore from its 100% owned Vittangi Project in Sweden, with processing undertaken at the company’s pilot test facility in Germany.
During the June quarter, Talga updated the resource at Vittangi, resulting in an increase in total resources to 9.8 million tonnes at 25.3% graphitic carbon.
The metal graphene coating is the first of a range of targeted value-added products that Talga is developing and looking to commercialise.
The global coatings company assessing the coating will undertake accelerated application and performance trials over the coming months.
At the same time, further tests on Talga’s coating are underway at research institutions in India and the UK, where scientific peer review analysis and publication of the results will be conducted. Pending the outcome of the industry and academic Coating test work, the company will, in addition to existing raw material initiatives, pursue commercial opportunities including licensing and royalty arrangements with third parties.
As part of the Talga’s IP initiatives, it has also moved to globally trademark ‘Talphene’ and ‘Talphite’ as the respective brands for industrial scale graphene and micro-graphite products.
Talga managing director, Mark Thompson said: “This milestone is the first step to open up numerous growth opportunities in valuable industrial scale markets for graphene products.
“We have now demonstrated our capability in producing the first of what will be a range of targeted, valueadded products to complement Talga’s raw material manufacturing. This supports our strategy to broaden the range of future revenue options and provides opportunities to pursue licensing and royalties associated with the products themselves, as well as the processes adopted to manufacture the compositions.”
The total global coatings pre-treatment sector is worth about $15bn per annum and is part of the $120bn paint and coatings market.
Talga held $11.8m in cash as at 30 June 2016, after successfully completing a $10m placement to Europe based cornerstone investors. Talga Resources also announced late last month that it had completed the sale of its Pilbara, Western Australia, gold projects to Beatons Creek Gold.