• Talga's natural graphite mine in Sweden awarded Strategic Project status under EU's Critical Raw Materials Act
• Designation provides benefits including improved access to financing, enhanced appeal to partners, and expedited permitting
• Project aims to produce 19,500 tonnes per annum of TalNode®-C, a natural graphite battery anode material

Talga Group Ltd (ASX:TLG) has announced that its natural graphite mine in northern Sweden has been awarded Strategic Project status under the European Commission's Critical Raw Materials (CRM) Act. This landmark recognition underscores the project's strategic value for Europe to secure its battery materials supply chain and significantly enhances Talga's pathway to finalising project financing and development. The CRM Act, enacted to bolster the EU's autonomy in critical raw materials essential for clean energy technologies, grants Strategic Projects a range of benefits for Talga. This includes improved access to financing, enhanced appeal to partners and customers, and expedited permitting processes. Talga's Vittangi Anode Project aims to produce 19,500 tonnes per annum of TalNode®-C, a natural graphite battery anode material derived from the company's 100% owned natural graphite resources in Sweden. Key advantages of the project include a low emission footprint, vertical integration of the mine-to-anode supply chain, and a resource base that supports expansion to over 100,000 tonnes per annum. Talga is currently advancing customer offtake agreements and project financing structures towards a Final Investment Decision for the project.

Talga looks forward to engaging with new opportunities under the EU's Critical Raw Materials Act to deliver Europe's first fully integrated active anode supply.