Financial Wire

Talga Group Reports Record Anode Output at Sweden Project, Advances Financing Discussions

-- Talga Group (ASX:TLG) said its EVA plant in Sweden has achieved record anode volume output, driven by increased customer validation programs in the premium high-power battery sector, according to a Tuesday Australian bourse filing.

The company said strong customer-backed support is feeding into financing efforts, with discussions progressing with multiple European states and funding agencies to secure non-dilutive capital for its Vittangi anode project.

The company added that its front-end engineering design (FEED) study is advancing steadily as momentum rebuilds in graphite anode markets.

The company's shares rose 2% in recent Tuesday trade.

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