3 March 2020
Environmental Approval Received for Stage 1 Mining Operation
Swedish authorities approve environmental permit for Stage 1 mining operation at the
Vittangi Graphite Project
Graphite trial mine ore to feed Talnode®-C lithium-ion anode market development
Milestone in project development and the establishment of a sustainable European Li-ion battery supply chain
Battery anode and graphene additives provider Talga Resources Ltd (“Talga” or “the Company”)(ASX:TLG) is pleased to advise it has received environmental approval for Stage 1 mining operations at its 100% owned Vittangi Graphite Project in northern Sweden.
The trial mine environmental permit for the extraction of up to 25,000 tonnes of graphite ore was issued by the Environmental Review Committee within the Norrbotten County Administration Boardand is valid for three years.
The graphite ore is planned to be processed into concentrate at an off-site toll milling facility before refining at Talga’s operations into Talnode®-C, the Company’s flagship Li-ion battery anode product. This fully coated high-performance anode powder has been developed and extensively tested over several years to provide a sustainable and cost competitive choice for battery manufacturers, especially in Europe.
Talga Managing Director, Mr Mark Thompson: “This is a significant milestone in our execution of developing the Vittangi project, and towards a truly localised European supply chain for lithium-ion batteries. Furthermore the approval comes at a time when our engagement with European car makers has increased, amid tougher emissions laws and stronger consumer sentiment for cleaner mobility.
We acknowledge and appreciate the trust developed between Talga and the Swedish stakeholders and authorities, in jointly taking a leadership role in the production of more sustainable battery materials for Europe .”
The permitting process included comprehensive test work and studies to minimise the environmental footprint of the operation along with community and stakeholder consultations. Upon conclusion of Stage 1 operations the site will be rehabilitated using the successful measures from the Company’s 2015-2016 trial mining campaign at its nearby Nunasvaara South deposit. Preparations for site works and contractor selection is underway, and operations will be planned to commence following further statutory compliance, and Stage 1 refinery permitting and financing activities are complete.
The environmental and statutory permits for Stage 2 of the project are planned to be submitted in March 2020, which will include an on-site plant at Vittangi with a processing
capacity of 100,000 tonnes per annum of graphite ore. Vittangi concentrate is destined to
feed Talga’s planned downstream anode refinery in the coastal city of Luleå, 250km to the south, to produce 19,000 tonnes per annum of Talnode-C as per the design
parameters detailed in Talga’s May 2019 pre-feasibility study (ASX:TLG
23 May 2019).
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