• Talga's graphite mine and anode refinery awarded EU strategic project status
• €70m EU Innovation Fund grant secured for Luleå anode refinery
• Progress on local mine approvals and selection of EPCM contractor for Vittangi Anode Project

Talga Group Ltd (ASX:TLG) has reported its activities for the quarter ending 31 March 2025. Key highlights include:Commercial and project development:- Talga's Nunasvaara South natural graphite mine was awarded Strategic Project status under the EU's Critical Raw Materials Act, cementing its role in securing Europe's supply of critical minerals.- Talga's Luleå Anode Refinery was designated a Strategic Project under the EU Net-Zero Industry Act, recognizing its potential to enhance the sustainability and competitiveness of EU industry.- Talga secured a €70 million (~AU$115 million) grant from the EU Innovation Fund for its Luleå Anode Refinery project.- Local mine approvals progressed, with the Swedish government directing Kiruna Municipality to adopt a detailed plan for the Nunasvaara South graphite mine.Product and technology development:- Talga signed an MoU with Altilium to source recycled graphite for its TalNode®-C Recycled Series, enhancing its circular economy offerings.Corporate and finance:- Talga appointed an interim Group Finance Director and a Group Director - Corporate Finance to bolster its European-based financial leadership.- The company maintained a cash balance of A$10.3 million as at 31 March 2025.Subsequent to the quarter, Talga selected Worley as the preferred EPCM contractor for the Vittangi Anode Project, and its Luleå Anode Refinery was recognized as a Strategic Project under the EU's Net-Zero Industry Act.