The Talga Bar
- Thread starter cosors
- Start date
cosors
👀
The government's decision to overturn Kiruna municipality's plan has no effect here on the stock market (SP, volume). Thanks to Gero, you already know the essential. So this is just a repetition. But I don't want to ignore it either. Here are a few articles from the newspapers:
www.sverigesradio.se
"On Friday, the Government decided to adopt a detailed plan for mining operations in Nunasvaara, outside VIttangi, Kiruna municipality. This means that the mining plans are one step closer to a mine.
A new graphite mine at Nunasvaara in Vittangi could become a reality.
Now the government announces that they have decided to adopt a detailed plan that enables mining operations at the graphite deposit.
The Government has decided to adopt a detailed plan that enables mining operations at the Nunasvaara graphite deposit in Vittangi in Kiruna Municipality. The County Administrative Board of Norrbotten has, on behalf of the Government, prepared the draft detailed plan on behalf of Kiruna Municipality.
The government's decision to adopt the detailed plan proposal prepared by the County Administrative Board of Norrbotten becomes legally binding as soon as it is issued. The decision cannot therefore be appealed.
"Nunasvaara in Kiruna Municipality has Europe's largest and richest graphite deposit. The graphite deposit is very important for both Sweden's and the EU's supply of natural graphite. Graphite plays an important role in battery manufacturing and for the green transition. This is the first time that the government has used this opportunity," writes Minister of Infrastructure and Housing Andreas Carlson in a press release from the government.
The government concluded in June that it was not possible for Kiruna Municipality to adopt the current detailed plan on time and therefore decided, with support, that the County Administrative Board would produce a proposal for a detailed plan at the municipality's expense.
The government believes that Talga has taken sufficient measures to limit disruptions to reindeer herding by not drilling, blasting and handling waste rock during the six months of the year when the area is used for winter grazing."
www.svt.se
"The government says yes to the detailed plan for the mine in Vittangi
Published today at 12:46- The government has now decided to give the go-ahead for the detailed plan that will allow the mining company Talga to begin planning for buildings in the mining area in Vittangi.
- Kiruna Municipality has previously opposed the project, but the government handed over the detailed plan to the County Administrative Board, which has now received the go-ahead.
- The graphite deposit in the area is described as Europe's largest and important for both Sweden's and the EU's supply of natural graphite, according to Housing Minister Andreas Carlson."
Regeringen säger ja till detaljplan för gruva i Vittangi - P4 Norrbotten
Regeringen har nu beslutat att ge klartecken för detaljplanen som gör att gruvbolaget Talga kan börja planera för byggnader på gruvområdet i Vittangi.Kiruna ...
"On Friday, the Government decided to adopt a detailed plan for mining operations in Nunasvaara, outside VIttangi, Kiruna municipality. This means that the mining plans are one step closer to a mine.
Graphite mine gets green light in Kiruna – cannot be appealed
Updated today 12:56Published today 12:37A new graphite mine at Nunasvaara in Vittangi could become a reality.
Now the government announces that they have decided to adopt a detailed plan that enables mining operations at the graphite deposit.
The Government has decided to adopt a detailed plan that enables mining operations at the Nunasvaara graphite deposit in Vittangi in Kiruna Municipality. The County Administrative Board of Norrbotten has, on behalf of the Government, prepared the draft detailed plan on behalf of Kiruna Municipality.
The government's decision to adopt the detailed plan proposal prepared by the County Administrative Board of Norrbotten becomes legally binding as soon as it is issued. The decision cannot therefore be appealed.
"Nunasvaara in Kiruna Municipality has Europe's largest and richest graphite deposit. The graphite deposit is very important for both Sweden's and the EU's supply of natural graphite. Graphite plays an important role in battery manufacturing and for the green transition. This is the first time that the government has used this opportunity," writes Minister of Infrastructure and Housing Andreas Carlson in a press release from the government.
Municipality critical
It was at the beginning of 2025 that the government overtook Kiruna Municipality and issued an ultimatum that they would complete a detailed plan for the planned mine – otherwise the County Administrative Board would take over the project.The government concluded in June that it was not possible for Kiruna Municipality to adopt the current detailed plan on time and therefore decided, with support, that the County Administrative Board would produce a proposal for a detailed plan at the municipality's expense.
Strategic project status
Talma and Gabna Sami villages have been critical and see negative consequences for reindeer herding of a possible mining establishment in the area. However, on March 25, 2025, the graphite deposit was designated as a strategic project status within the framework of the Critical Raw Materials Act. This means a permit review of 27 months, a so-called “fast track”.The government believes that Talga has taken sufficient measures to limit disruptions to reindeer herding by not drilling, blasting and handling waste rock during the six months of the year when the area is used for winter grazing."
Grafitgruva får grönt ljus i Kiruna – kan inte överklagas
En ny grafitgruva vid Nunasvaara i Vittangi kan bli verklighet. Nu meddelar regeringen att de beslutat att anta en detaljplan som möjliggör gruvverksamhet vid grafitfyndigheten.
cosors
👀
"Why are so few new mines being opened in Sweden?
The gold rush is running out of steam.
For Sweden, the mining country, this should be a golden opportunity.
Metal prices are reaching record highs, and interest is greater than ever before.
Nevertheless, there are only slightly more than ten active mines in Sweden, and only one of them was opened in the last decade.
Why is that? EFN tries to find the answers."
efn.se
Reason in this Part 1: too little electricity.
Talga is mentioned in the list of potential candidates for a mine. Let's see what obstacles Part 2 will reveal.) In any case, I don't expect a clear, focused identification of the problem that environmental protection laws are (also) being used against these projects and that a lack of electricity is only a special minor issue.
"All permits were processed within 52 weeks, which is considered record time in the industry."
So in their case, the approval process was no problem at all.)
...
The gold rush is running out of steam.
For Sweden, the mining country, this should be a golden opportunity.
Metal prices are reaching record highs, and interest is greater than ever before.
Nevertheless, there are only slightly more than ten active mines in Sweden, and only one of them was opened in the last decade.
Why is that? EFN tries to find the answers."
Svenska guldläget rinner ut i sanden
Del 1. Varför öppnas så få nya gruvor i Sverige? • Stor kartläggning
Reason in this Part 1: too little electricity.
Talga is mentioned in the list of potential candidates for a mine. Let's see what obstacles Part 2 will reveal.) In any case, I don't expect a clear, focused identification of the problem that environmental protection laws are (also) being used against these projects and that a lack of electricity is only a special minor issue.
"All permits were processed within 52 weeks, which is considered record time in the industry."
So in their case, the approval process was no problem at all.)
...
Last edited:
curiousmagpie
Regular
At 43:50 in the May 2024 Investor Webinar, Mark addressed a question on takeover protection. He outlined the mechanisms in place and referred to several “friendly” parties, explicitly naming Pentwater among them.
I’d attribute the limited institutional ownership mainly to Talga’s current stage. Most institutions can’t invest in size until FID and project finance are secured and timelines are de-risked. The company is getting there, with the majority of permitting hurdles now behind it and financing potentially being conditionally secured by the end of February. Depending on the details, ownership could increase shortly after that and a sustained re-rate could occur.
Similar threads
- Article
