- Talga Group (TLG) closes in on permitting for its Vittangi graphite project in northern Sweden
- Most stakeholder submissions have been lodged at the request of the Swedish Land and Environment Court, which is processing the environmental permit
- Following a review of the submissions, the regional government authority declared that closure risks, impacts on reindeer herding and water quality can be managed
- All submissions are due on June 23, and the court has organised a site visit which will precede the permit application hearing before handing down its decision
- Shares last traded at $1.10 on June 17
Talga Group (TLG) is closing in on permitting for its Vittangi graphite project in northern Sweden.
The company said it was progressing the environmental permit application through the Swedish Land and Environment Court in Umeå.
At the end of April, the court requested submissions from the public and from key stakeholders, most of which have been now received. The rest are due by June 23.
Of the submissions so far, the regional government authority Norrbotten County Administrative Board declared that closure risks, impacts on reindeer herding and water quality could be managed.
Further, the board claimed an environmental permit, as well as a Natura 2000 permit, could be granted for the project with appropriate conditions.
The Swedish Environmental Protection Agency and the Swedish Agency for Marine and Water Management have also completed submissions and advised Talga that no further information would be put forward.
The Swedish Transport Administration said it had also received appropriate responses to its information requests.
Moving forward, in line with the standard process, Talga is required to provide a statement to the Court once the submission period has closed.
The Court has organised a site visit on September 20 which will precede the permit application hearing ahead of its ruling.
The planned Vittangi operation is set to produce 19,500 tonnes of Talnode-C per year over 24 years.
Talga shares last traded at $1.10 on June 17.