Talga Group (ASX:TLG) - Managing Director, Mark Thompson
Managing Director, Mark Thompson
Source: Talga Group
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Talga Group (TLG) secures an environmental permit for its Nunasvaara South natural graphite mine in northern Sweden
  • The environmental permit and a Natura 2000 permit were granted by the Swedish Land and Environment Court on April 5
  • TLG Managing Director Mark Thompson says the approval marks a “major step” in the company establishing its Swedish natural graphite anode production
  • If all goes to plan, Talga aims to start early works at its battery anode refinery in the second half of 2023
  • TLG shares are up 5.56 per cent and trading at $1.71 at 10:54 am AEST

Talga Group (TLG) has secured an environmental permit for its Nunasvaara South natural graphite mine in northern Sweden.

The environmental permit was issued by the Swedish Land and Environment Court on April 5 and also included a Natura 2000 permit.

The tick of approval was granted in line with the company’s detailed feasibility study and permit application.

“This key approval is a significant achievement, and a major step in Talga establishing its Swedish natural graphite anode production,” TLG Managing Director Mark Thompson said.

“The approval is the culmination of extensive technical, environmental and social studies over many years and has followed a highly rigorous permitting process.”

The Nunasvaara South natural graphite mine forms part of the company’s Vittangi anode project.

The mine is designed to supply power to the company’s planned 19,500 tonne per annum (tpa) refinery, which is progressing through its own permitting process.

If all goes to plan, Talga aims to start early works at its battery anode refinery in the second half of 2023.

TLG shares were up 5.56 per cent and trading at $1.71 at 10:54 am AEST.

TLG by the numbers
More From The Market Online
Mexico flag market concept

EV Resources’ antimony processing greenlit ahead of January drilling

EV Resources (ASX:EVR) has seen shares pop +12% as the company sees the processing plant attached to its Mexican
Concert crowd

Ovanti Ltd signs up US-based Ticketing Co as partner for BNPL app Flote

Ovanti Ltd (ASX:OVT) has knocked a second deal out of the park in Week 50 of the year, signing

Red Mountain starts Silver Dollar exploration after tech study confirms silver, gold potential

Red Mountain is starting maiden exploration at Silver Dollar in Idaho after a tech study confirmed…
Mountain Trail Emerald Lake Path.

‘Exceptional opportunity’: Magnum acquires Wet Mountain project with historical assays up to 7.99% TREE

Magnum has landed another major windfall in its aggressive U.S. expansion, this week acquiring the Wet…