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

Lithium Universe ends the quarter charged up for Quebec Refinery roll-out

Lithium Universe has closed off the March quarter with a new Chief Financial Officer and strategically located land…

Alligator snaps at extended mineralisation of Blackbush uranium deposit in SA

Extension drilling in the first four months of this year at the Samphire Uranium Project in South Australia has enabled Alligator Energy Ltd
The Market Online Video

Market Update: Red flags dot ASX landscape as living costs squeeze

The ASX200 is down 1.1 per cent – on par with futures’ predictions – with every sector flashing red mid-session.

Mine study work sees 70% boost in gold resource for Nexus in WA’s Goldfields

Nexus Minerals has bumped up the Crusader-Templar combined mineral resource estimate by more than 70% at…