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Talga Group (ASX:TLG) produces world’s greenest anode product

Industrial
ASX:TLG      MCAP $301.9M
12 August 2021 10:00 (AEST)
Talga Resources (ASX:TLG) - Managing Director, Mark Thompson

Source: Talga Group

A life cycle assessment of Talga Group’s (TLG) flagship battery anode product Talnode-C has shown it to be the world’s greenest graphite anode.

Consulting firm Hitachi ABB Power Grids completed the ‘cradle-to-gate’ assessment which quantifies the environmental impact of the product life from resource extraction to the factory gate.

The assessment found Talnode-C production emits 96 per cent less greenhouse gas emissions than the current synthetic graphite anode produced in China.

Talga Managing Director Mark Thompson said the highlights the ability of the Vittangi Anode Project to contribute to European decarbonisation.

“The level of environmental responsibility and emission performance is increasingly important to differentiate projects and products in the EV battery supply chain, and we are proud to continue executing on our strategy to deliver the greenest battery materials.”

Only 14 per cent of emissions are related to Talga’s process, leaving the door open to further reducing the environmental impact through sustainable sourcing.

Shares closed at $1.33 on August 11, 2021.

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