Talga Resources Ltd in a trading halt

Trading Halt: Talga Resources Ltd.’s (ASX: TLG) stock is placed in a trading halt until the earlier of the commencement of normal trading on 28 June 2018 or when the announcement is released to the market. The company has achieved high levels of electrical conductivity in concrete through the use of an additive developed from the company’s graphene-graphite research and development laboratory in the UK. The breakthrough provides substantial potential in existing and emerging industrial applications, particularly as concrete is the world’s largest construction material by volume. Moreover, the company’s graphene-enhanced concrete is highly electrically conductive, attaining 0.05 ohm.cm volume resistivity as per the initial tests. This will add potential ‘heating element’ function and more to US$450 billlion annual concrete market in terms of world’s largest volume construction material (>5 billion tonnes/annum). Further, the future potential of it includes role in dynamic and wireless charging of electric vehicles while driving. This also follows Talga’s value-add product development strategy and creates new opportunities with global partners in energy & construction infrastructure. Meanwhile, TLG stock has fallen 10.39% in three months as on June 25, 2018.


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