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Talga Group Begins Commercial Deliveries of Battery Graphite Anode Product, Shares Jump 28%

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Talga Group (ASX:TLG) began commercial deliveries of its battery graphite anode product Talnode-C to its customer Nyobolt under a binding offtake agreement, according to a Friday Australian bourse filing.

The first shipment was delivered from Talga's EVA demonstration plant in Luleå, Sweden, at the contracted commercial price. The balance of the 3,000-tonne offtake will be supplied from a planned commercial-scale anode plant in Sweden, with construction planned to begin in 2027, subject to a final investment decision.

Its shares jumped 28% in recent trading on Friday.

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