Sweden, home of TLGs graphite mine(s)

[Pharvest]

!

"Talga receives 82 million kronor (~AUD13.3M or €7.4M) from Industriklivet to scale up sustainable graphite technology​

Talga has been granted SEK 82 million in funding from the Swedish Energy Agency's Industriklivet program. The support will be used to scale up the company's low-emission technology for producing anode material from graphite – a key component in lithium-ion batteries.

The project focuses on optimizing processes and developing sample materials for both natural and recycled graphite, with the goal of creating a circular and sustainable supply chain for the battery industry. It also includes activities to strengthen anode supply chains, assess the environmental impact of battery graphite recycling, and prepare for commercial scale-up.

Talga announced this in a press release.

– We are very pleased with today's decision. Sweden is taking up the fight over where the industry of the future should be located. This sends a clear signal to the market that Sweden and Europe will have an important role to play,
says Martin Phillips, CEO of Talga.

The Swedish Energy Agency emphasizes that the project can contribute to the climate transition by developing circular supply chains and strengthening domestic expertise in the battery value chain. Talga's planned graphite anode plant in Luleå is estimated to be able to reduce climate impact by over 90% compared to today's dominant anode material.

– The project, which includes both natural and recycled graphite, can contribute to the climate transition by providing a circular supply chain, contributing new knowledge within the battery value chain and building domestic expertise in the area, says the CEO.

Talga is currently developing both graphite extraction and anode manufacturing in northern Sweden and has been granted strategic project status under the EU's Critical Raw Materials Act (CRMA) and Net-Zero Industry Act (NZIA). At the same time, the project strengthens Europe's independence from China, which currently dominates the graphite market and has imposed export restrictions on both raw materials and manufacturing equipment.

Talga's proprietary and patented technology is said to be able to meet or exceed today's performance requirements for lithium-ion batteries, thereby securing a critical part of the value chain within Europe. The project is also supported by the European Investment Bank."

Talga får 82 miljon–er kronor från Industriklivet för att skala upp hållbar grafitteknik

Talga har beviljats 82 miljoner kronor i finansiering från Energimyndighetens program Industriklivet. Stödet ska användas till att skala upp företagets utsläppssnåla teknik för framställning av anodmaterial från grafit – en nyckelkomponent i litiumjonbatterier.

www.metal-supply.se

Excuse my French as we say down here Cosors, but FUCK YEAH!!!

 

[Pharvest]

I wonder if there are any conditions to be met, stipulations, whoops to jump through or other associated bullshit before this cash injection will hit the coffers and actually, fair dinkum, stave off the immediate need to raise some capital???

 

[cosors]

I wonder if there are any conditions to be met, stipulations, whoops to jump through or other associated bullshit before this cash injection will hit the coffers and actually, fair dinkum, stave off the immediate need to raise some capital???

Oh, of course, the money is already in Talga's pocket and can be spent as they see fit, for example, to save us from the next CR

 

[cosors]

Excuse my French as we say down here Cosors, but FUCK YEAH!!!

Better than nothing, and it shows confidence and support from Sweden, although I hope that's not all the powder they're willing to provide.
So one could see it as a consolation prize, for what Talga burned in the Swedish bureaucracy, our money.

 

[cosors]

Oh, of course, the money is already in Talga's pocket and can be spent as they see fit, for example, to save us from the next CR

It's a joke on my part. I don't know the terms and conditions.