Talga Group (ASX: TLG) successfully puts into operation the first EVA facility in Sweden – The Market Herald
- The battery and advanced materials company Talga Group (TLG) has successfully commissioned its first qualification plant for electric vehicle anodes (EVA) in Luleå, Sweden
- The company understands that EVA is Europe’s first lithium-ion battery anode plant and will produce large-scale commercial samples of Talga’s coated active anode materials for battery customer qualification.
- The anode production process will use purified graphite concentrate from Talga’s wholly owned Vittangi graphite project, in line with Talga’s vertically integrated business model
- The facility will be officially launched at an event on April 1
- The TLG stock rose 14.7 percent to $ 1.64
The battery and advanced materials company Talga Group (TLG) has successfully commissioned its first qualification plant for electric vehicle anodes (EVA) in Luleå, Sweden.
EVA is considered to be Europe’s first lithium-ion (Li-on) battery anode plant and will produce large-scale commercial samples of Talga’s coated active anode materials for battery customer qualification.
“With increasing demand for pure graphite anode, Talga’s EVA facility is an important step in the journey towards the establishment of a European electricity and battery supply chain,” says CEO Mark Thompson.
The company said the facility will be officially launched at an event on April 1 that will be attended by customers, government officials and local stakeholders.
An open day for the community will be held on April 2.
The plant’s production stages include shaping and coating to produce Talga’s flagship Li-ion battery anode, Talnode-C.
The anode production process will use purified graphite concentrate from Talga’s wholly owned Vittangi graphite project in Sweden, in line with Talga’s vertically integrated business model.
Large-scale commercial testing is said to be a critical step in the EV customer procurement process for active anode material.
The EVA plant represents an integrated step in scaling up Talga’s vertically integrated mining-to-anode operations and gives the company a unique advantage in the fast-growing European supply chain for lithium-ion batteries.
The TLG stock rose 14.7 percent to $ 1.64 at 10:51 AEDT.