TLG 2.44% 60.0¢ talga group ltd

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  1. 913 Posts.
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    A few things stood out to me.

    MT noted the problems some other projects have had in getting permits. Typically companies submit the mining permit application, then the EIA and then the Natura 2000. This is a 3 step process which causes delays. He said Talga took a novel approach and invested in getting all three components completed and submitted at the beginning. That way the government bodies are all looking at the same documents. He was confident they would be granted the permits.

    LKAB have $50 billion for investment in green projects such as the green steel and battery supply chain.There are synergies between what they are both doing...

    One of the key questions around funding is what delta Talga will need to contribute after the parties have agreed ton he share split and investments in the project. Morgan Stanley and Macquarie are assessing a number of options for this.
 
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