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Talga Group ( (AU:TLG) ) has issued an announcement.
Talga Group Ltd has received A$13.3 million in grant funds from the Swedish Energy Agency’s Industriklivet program to support its project focused on sustainable, low-emission anode materials made from natural and recycled graphite. This project, valued at A$30.8 million, aims to validate a near-industrial scale anode manufacturing process by June 2026, which will inform the company’s commercial plans. The grant underscores Talga’s commitment to advancing sustainable battery technologies and strengthens its position in the battery materials industry.
The most recent analyst rating on (AU:TLG) stock is a Hold with a A$0.50 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 global leader in producing high-power, sustainable battery anode and advanced graphitic materials. The company specializes in proprietary graphite purification, shaping, and coating technologies, ensuring secure and low-emission Li-ion battery anode supply chains. Talga’s products address challenges in battery manufacturing, such as supply vulnerabilities, performance limitations, and recyclability, thereby facilitating the transition to more secure critical mineral product manufacturing.
Average Trading Volume: 893,579
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$205.4M
See more insights into TLG stock on TipRanks’ Stock Analysis page.