Talga Group Advances Nunasvaara Mine Planning in Sweden

Talga Group ( (AU:TLG) ) has issued an announcement.

Talga Group Ltd announced that the Kiruna Municipality in Northern Sweden will recommence planning work for the Nunasvaara South natural graphite mine. This decision follows a deadline extension granted by the Swedish Ministry of Agriculture and Infrastructure, allowing the detailed plan to be adopted by June 16, 2025. The update signifies progress in Talga’s operations, potentially strengthening its industry positioning by advancing its sustainable battery material projects.

The most recent analyst rating on (AU:TLG) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Talga Group stock, see the AU:TLG Stock Forecast page.

More about Talga Group

Talga Group Ltd is a leader in the development of sustainable battery materials, focusing on innovative technology and vertical integration of its Swedish graphite resources. The company offers products critical to the green transition, with its flagship product being Talnode-C, a natural graphite anode material made using renewable energy for a low emissions footprint. Talga is also developing advanced silicon anode products, recycled graphite anode materials, and conductive additives for cathodes.

Average Trading Volume: 451,468

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$177.3M

See more data about TLG stock on TipRanks’ Stock Analysis page.