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- Talga Group (TLG) is commencing trial mining this month at the Vittangi Graphite Project in Sweden
- The first phase involves extracting 2500 tonnes of graphite ore which will then be refined into Talga’s lithium-ion battery anode product, Talnode-C
- Managing Director Mark Thompson says this supports testing of the Talnode-C samples on a mass scale for electric vehicle supply chain
- In addition, Talga has submitted exploitation concession applications over the Niska North, Niska South and Nunasvaara North deposits
- Company shares are trading in the grey at $1.36 at 10:41 am AEST
Talga Group (TLG) will commence trial mining this month at the Vittangi Graphite Project in Sweden.
The trial mine covers the extraction of 25,000 tonnes of graphite ore from Talga’s Niska South deposit within the Vittangi Project.
In the first phase of the campaign, the company plans to extract around 2500 tonnes of graphite ore before the site is rehabilitated for the northern hemisphere’s winter.
The trial mined ore will then be refined into Talga’s lithium-ion battery anode product, Talnode-C, for large-scale production testing in the electric vehicle supply chain.
Managing Director Mark Thompson said the trial would allow the company to begin testing Talnode-C samples on a mass production scale.
“The graphite anode products created from the ore will help progress Talga’s battery manufacturing customer qualification trials and market testing towards future expanded commercial production,” he said.
Talga is continuing to experience increased demand from its customers for its Talnode-C product. Annual customer demand, including expressions of interest and targeted 2025 anode supply, now exceeds 14 times the 19,500 tonnes per annum which was outlined in the Vittangi Definitive Feasibility Study.
In addition, Talga has submitted exploitation concession applications over the Niska North, Niska South and Nunasvaara North deposits of the Vittangi Project.
The applications align with the company’s expansion plans which detail the production of more than 100,000 tonnes of anode per annum for lithium ion batteries. This is reportedly sufficient enough for one million passenger electric vehicles per year.
Talga will apply for an environmental permit for the Niska deposit once an environmental permit has been granted for the nearby Nunasvaara South deposit which is expected to be granted mid-next year.
Company shares were trading in the grey at $1.36 at 10:41 am AEST.
