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An update from Talga Group Ltd. ( (AU:TLG) ) is now available.
The Swedish Government has directed Kiruna Municipality to adopt the detailed plan for Talga Group’s Nunasvaara South graphite mine by May 2025, addressing previous delays. This decision highlights the significance of Talga’s graphite in the European battery industry, which is currently reliant on imports, and aligns with the strategic interest in securing valuable materials domestically amid potential Chinese export restrictions.
More about Talga Group Ltd.
Talga Group Ltd is a leader in developing sustainable battery materials, utilizing innovative technology and vertically integrated Swedish graphite resources. Its flagship product, Talnode-C, is a natural graphite anode material produced with renewable energy, contributing to a low emissions footprint, and it is developing advanced silicon anode products, recycled graphite anode materials, and conductive additives for cathodes.
YTD Price Performance: -6.55%
Average Trading Volume: 32,389
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $121M
For a thorough assessment of TLG stock, go to TipRanks’ Stock Analysis page.