ASX & Media Release

15 January 2019

ASX:TLG

Talga and Schunk sign LOI over graphene product co-operation

Australian advanced materials technology company, Talga Resources Ltd ("Talga" or "the Company") (ASX:TLG), is pleased to advise it has signed a Letter of Intent ("LOI") with Schunk Carbon Technology GmbH ("Schunk"), a subsidiary of the German based Schunk Group.

Under the LOI, Talga and Schunk will co-operate on the exploration and incorporation of Talga graphene (Talphene®) into a Schunk product with applications in the automotive sector. Further details of the LOI and application are commercial in confidence at this stage.

Talga Managing Director, Mr Mark Thompson: "Talga is excited to be working with such a globally active and innovative carbon product manufacturer as Schunk on an application using Talga's graphene. We look forward to leveraging our technology and products towards success of this program and potential development in future".

About Schunk

The Schunk Group is a globally operating technology company with more than 8,200 employees in 29 countries. The company offers a broad spectrum of products and services in the fields of carbon technology and ceramics, environmental simulation and air conditioning, sintered metal and ultrasonic welding. In 2017, the Schunk Group achieved a turnover of about EU1.2 billion. Company website:www.schunk-group.com

About Talga

Talga Resources Ltd is an advanced material technology company enabling stronger, lighter and more functional graphene and graphite enhanced products for the multi-billion dollar global coatings, battery, construction and composites markets. Talga has significant advantages in graphene production owing to its vertically integrated high grade Swedish graphite deposits and in-house process to product technology. Company website:www.talgaresources.com

For further information please contact:

Mark Thompson Managing Director Talga Resources Ltd T: + 61 (08) 9481 6667

Stephen Hutchins Technical Sales Director Talga Technologies Limited T: +44 (0) 1223 420416

Talga Resources Ltd ABN 32 138 405 419 ASX: TLG & TLGOA

Germany: TGX USA: TLGRF

1st Floor, 2 Richardson St, West Perth 6005 Australia

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E:admin@talgaresources.comT: +61 8 9481 6667 F: +61 8 9322 1935 W:www.talgaresources.com

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Talga Resources Ltd. published this content on 15 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 January 2019 00:08:00 UTC