TIDMHAYD
Haydale Graphene Industries PLC
09 July 2015
Haydale Graphene Industries plc
(the "Company" or "Haydale")
Collaboration Term Sheet with Talga Resources Limited
Haydale (AIM: HAYD), the group focused on the commercialisation
of graphene and other nano particle products, is pleased to
announce that it has signed a non-binding collaboration term sheet
with listed Australian technology materials development company,
Talga Resources Ltd (ASX: TLG) ("Talga") (the "Collaboration").
Talga has a simple and cost effective process to liberate
graphene and graphite directly from its 100% owned natural graphite
ore deposits in Sweden. Talga is close to commencing trial
production in Germany and once mining at full capacity, Talga
expects to be one of the worlds' largest nominal cost producers of
graphene nano platelets ("GNPs"). Pursuant to the Collaboration,
Talga and Haydale will jointly explore business cooperation
opportunities through the supply of Talga graphitic carbon
nano-materials, graphite and GNP's and testing thereof with
Haydale's value-add low temperature plasma treatment and end user
demand chains.
The Collaboration provides the framework pursuant to which,
Haydale and Talga can combine resources and expertise to
significantly accelerate graphene commercialisation opportunities
and deliver superior technology material solutions to end users at
industrial scales using Talga's graphene and other graphitic carbon
nano materials.
The initial project will be for Haydale to analyse carbon nano
material samples with a view to using those materials in various
composite or ink research programmes and develop tailored finished
or functionalised products that can be supplied to both Haydale and
Talga's end users or intermediaries for integration by them into
their end use applications.
Haydale anticipate this initial project will, over time, lead to
additional projects with associated revenue streams.
Commenting, Ray Gibbs, Haydale Chief Executive said:
"As a solutions provider with a unique enabling technology we
are constantly seeking new nano materials to evaluate. Many
customers are asking where the "second source" of material is and
having an alternative supply is very important in commercial sales.
We have been saying for a very long time that the successful
commercialisation of graphene and other nano materials requires a
consistent quality of the base nano material in order to be able to
produce consistent results in the finished product which is why we
are constantly looking for new sources to add to the already
growing list of approved suppliers.
We have been talking to Talga for some time about its
capabilities, their graphitic carbon nano-materials, and the
potential synergies the companies share. We wish to fully evaluate
these materials and ascertain what difference our functionalisation
process can make. In particular,with the arrival of its German
operations and near term large samples, now is the right time to
enter into a formal relationship, providing the framework for both
parties to work together on a series of programs."
Mark Thompson, Managing Director of Talga Resources added:
"We are delighted to enter into this collaboration with Haydale,
who are positioned further down the supply chain from Talga and
provide optimised graphene products tailored for specific
applications. The speed at which industry will adopt graphene into
real world applications is in part linked to the sophistication and
nanomaterials handling capabilities of end users. In some
circumstances, if materials are not in a format that can be mixed
straight into the end product matrix, handling techniques can cause
varied results. Haydale has an established track record providing
these solutions but is looking for a sustainable quality source of
graphitic carbon nanomaterials. Talga has a special and large
natural source from which to produce low defect graphene, so there
is a tremendous opportunity to upscale feed to Haydale's processes
and leverage from existing opportunities that Haydale has
created."
- Ends -
For further information, please contact:
Haydale Graphene Industries +44 (0) 1269 842
plc 946
John Knowles, Chairman
Ray Gibbs, Chief Executive
Officer
Cairn Financial Advisers LLP
(Nomad) +44 (0) 20 7148 7900
Tony Rawlinson, Emma Earl
Cantor Fitzgerald Europe (Broker) +44 (0) 20 7894 7000
David Foreman, Will Goode (Corporate
Finance)
David Banks, Tessa Sillars
(Corporate Broking)
Hermes Financial PR
+44 (0) 7889 153
628
Trevor Phillips +44 (0) 7979 604
Chris Steele 687
Notes to editors
About Haydale (www.haydale.com)
Haydale has developed a patent pending proprietary scalable
plasma process to functionalise graphene and other nanomaterials.
This enabling technology can provide Haydale with a rapid and
highly cost efficient method of supplying tailored solutions to
enhance applications for both raw material suppliers and product
manufacturers.
Functionalisation is carried out through a low pressure plasma
process that treats both organic mined fine powder and other
synthetically produced nanomaterial powders producing high quality
few layered graphenes and graphene nano platelets. The process can
functionalise with a range of chemical groups, where the amount of
chemicals can be tailored to the customer needs. Good dispersion
improves the properties and performance of the host material and
ensures it delivers as specified.
The Haydale plasma process does not use wet chemistry, neither
does it damage the material being processed, rather it can clean up
impurities inherent in the raw material. The technology is a low
energy user and most importantly environmentally friendly. The
Haydale method is an enabling technology where working with a raw
material producer can add value to the base product and tailor the
outputs to meet the target applications of the end user.
Haydale, based in South Wales, housed in a purpose built
facility for processing and handling nanomaterials with a
laboratory facility, is facilitating the application of graphenes
and other nanomaterials in fields such as inks, sensors, energy
storage, photovoltaics, composites, paints and coatings.
About Talga (www.talgaresources.com)
Talga Resources Ltd ("Talga") (ASX: TLG) is a technology
materials company with a simple and cost effective process to
liberate graphene and graphite directly from its 100% owned natural
graphite ore deposits in Sweden. Talga's unique deposits and
proprietary processes provide a nominal cost path to high quality
graphene production that overcome cost and volume barriers to
graphene supply, thereby unlocking additive applications.
Trial mining is underway and commercial amounts of graphene
platelets for industry will be provided at scale from Talga's
German pilot plant facility. The end applications may include the
production of intermediates such as inks, polymers, master-batches
and dispersions based on Talga graphene.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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