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The latest announcement is out from Talga Group ( (AU:TLG) ).
Talga Group Ltd has announced an update on the zoning process for its Nunasvaara South natural graphite mine, part of the Vittangi Anode Project in Sweden. The Swedish Government has tasked the County Administrative Board of Norrbotten with preparing a detailed plan for mining operations after the Kiruna Municipality missed a deadline. This development follows the approval of the mine’s Environmental Permit and Exploitation Concession, with Nunasvaara South recognized as a project of National Interest and a Strategic Project under the European Commission’s Critical Raw Materials Act, highlighting its significance in the graphite extraction industry.
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, leveraging innovative technology and vertical integration of their wholly-owned Swedish graphite resources. The company offers products critical to the green transition, including Talnode®-C, a natural graphite anode material produced with renewable energy, as well as advanced silicon anode products, recycled graphite anode materials, and conductive additives for cathodes.
YTD Price Performance: 4.55%
Average Trading Volume: 547,226
Technical Sentiment Signal: Sell
Current Market Cap: A$209.1M
See more data about TLG stock on TipRanks’ Stock Analysis page.