- Following studies, battery anode company Talga Group (TLG) can develop an anode refinery in the U.K.
- Talga is currently looking at expanding its Swedish operations following strong demand
- The studies found that it’s technically and economically feasible to refine and produce anodes in the U.K.
- Talga has submitted these findings to the Advanced Propulsion Centre (APC)
- On the market, company shares last traded at $1.59 per share
Studies have confirmed that the Talga Group (TLG) can develop a Talga Anode Refinery in the U.K.
The battery anode company is currently looking at further opportunties to grow its Swedish operations following customer demand.
Talga is aiming to find suitable pathways for future geographical and product expansions to serve the existing and emerging needs of battery manufacturing and electric vehicle producers.
The company has therefore been investigating options to produce its battery anode products Talnode-C and Talnode-Si I the U.K..
Results have shown that Talga U.K. anode production would potentially deliver secure, cost-effective and sustainable active battery material for a more self-sufficient U.K. electric vehicle industry.
Talga has submitted these findings to the Advanced Propulsion Centre (APC) and will now look for a range of potential partners, stakeholders and government entities.
On the market, Talga last traded at $1.59 per share.