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The latest update is out from Talga Group ( (AU:TLG) ).
Talga Group Ltd has signed a binding offtake agreement with Nyobolt for the supply of Talnode-C graphite anode from its Vittangi Anode Project in Sweden. This agreement marks a significant milestone for Talga, as it supports the start of commercial sales and strengthens its market position in the global battery market. Nyobolt, a pioneer in ultra-fast battery charging technologies, will use Talnode-C in its fast-charge systems, which are being deployed across various high-performance applications. The agreement, which is subject to production milestones, underscores the strategic importance of Talga’s vertically integrated operations and its designation as a Strategic Project under European Commission initiatives.
The most recent analyst rating on (AU:TLG) stock is a Buy with a A$2.35 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, utilizing innovative technology and vertical integration of its wholly owned Swedish graphite resources. The company offers a secure supply of 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 other battery materials, including advanced silicon anode products, recycled graphite anode materials, and conductive additives for cathodes.
Average Trading Volume: 374,299
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$180.6M
See more insights into TLG stock on TipRanks’ Stock Analysis page.