Talga Resources Ltd (ASX:TLG) has produced and delivered its first value-added graphene based product - a metal pre-treatment coating, to a leading global coatings company.
The product was delivered after the filing of a patent application over the coating composition and production method.
Talga sources graphite ore from its 100% owned Vittangi Project in Sweden, with pilot test processing 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 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.
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.
The total global coatings pre-treatment sector is worth about US$15 billion per annum and falls within the US$120 billion paint and coatings market.
Talga held $11.8 million in cash as at 30 June 2016, after successfully completing a $10 million placement to Europe based cornerstone investors.
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