• Secured Exploitation Concession for Nunasvaara South Mine
• Achieved EU Net-Zero Strategic Project designation for LuleÃ¥ Anode Refinery
• Signed binding offtake agreement with fast-charge pioneer Nyobolt

Talga Group Ltd, a battery materials and technology company, announced its quarterly activities ('FYQ4') for the period ending 30 June 2025. The company secured the Exploitation Concession for the Nunasvaara South Mine, which is now in full force after the Swedish Government dismissed all appeals. Talga also advanced the Nunasvaara South Mine Detailed Plan under the Norrbotten County Administrative Board and achieved EU Net-Zero Strategic Project designation for the Luleå Anode Refinery. The company selected Worley as the preferred contractor to deliver EPCM services for the Vittangi Anode Project and signed a binding offtake agreement with fast-charge pioneer Nyobolt to supply Talnode®-C graphite anode. Talga made significant progress in advancing commercial discussions with multiple strategic counterparties, with customer receipts tripling from the previous quarter. The company also raised A$10 million through a successful share placement and appointed former Swedish Government Minister Eva Nordmark to the Board. Subsequent to the quarter, Talga opened new expansion opportunities with a US patent for Talnode®-C graphite battery anode and appointed Niklas Karlsson as the permanent Group Finance Director.

Talga's Vittangi Anode Project is expected to produce 19,500 tonnes of sustainable high-performance Li-ion battery anode annually.

Talga is actively engaged with several high-value, targeted customers to secure further purchase commitments for the remaining Talnode®-C production capacity and is in productive dialogue with prospective financiers to support accelerated development of the Vittangi Anode Project.