TLG 0.84% 59.0¢ talga group ltd

Falkano is a Beach, page-2

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    The plan of attack has seemingly switched from Mitsui to funding, but funding clearly is not an issue...

    Swedish ECA finance support for anode project

    Battery materials company Talga Group Ltd (“Talga” or “the Company”)(TLG:ASX) is pleased to
    advise that it has received a Letter of Interest from the Government-owned Swedish Export Credit
    Corporation
    ("SEK") to support construction financing of Talga's Vittangi Anode Project in Sweden.
    The Vittangi Anode Project is a vertically integrated natural graphite anode operation running on 100%
    renewable electricity, to produce ultra-low emission coated anode for Li-ion batteries.
    SEK is a financial institution, wholly owned by the Swedish Government, that provides financing for
    export and project transactions with a Swedish interest. SEK finances the transition of Swedish
    industry towards a fossil free society, and it is rated AA+ by S&P’s and Aa1 by Moody’s.
    The Letter of Interest from SEK is consistent with Talga’s project financing strategy and complements
    the existing letters of support from Nordic Investment Bank, Swiss Export Risk Insurance and a
    leading European Bank.
 
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