Anode Project Progress and Update

Talga Group’s latest update highlights record anode production, strong customer-backed funding initiatives, and ongoing development of its Vittangi Anode Project, reinforcing its position at the forefront of sustainable battery materials for European supply chains.

<ul><li>Record output from the EVA plant with Talnode® anodes supplied to 21 active customer validation programs in high-power battery sectors.</li><li>Progressing non-dilutive funding negotiations, with robust customer support and discussions with European states and agencies.</li><li>€150 million EIB debt facility (undrawn) and €70 million EU grant secured, alongside an SEK 82.6 million Swedish grant to advance FEED studies.</li><li>Completion of Phase 1 pre-construction works for the 5,000 tpa commercial anode line in Sweden, supporting rapid pathway to commercialisation.</li><li>Key upcoming milestones include securing further funding, converting active customer programs to offtake agreements, and completing FEED to target commercial output by 2027-28.</li></ul>

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Anode Project Progress and Update