Talga Group Ltd. (AU:TLG) has released an update.
Talga Group Ltd has announced the completion of a mining study for expanding its Vittangi Graphite Project in Sweden, with plans to increase its low-emission graphite anode production for lithium-ion batteries, in response to rising demand. The study details a more environmentally friendly underground mining method and outlines potential production increases up to 425,000 tonnes of anode precursor concentrate per annum. Talga is advancing towards completing a comprehensive Scoping Study by Q4 2024, which includes integrating graphite recycling technology and further community and environmental engagements.
For further insights into AU:TLG stock, check out TipRanks’ Stock Analysis page.