Quarterly Activities/Appendix 5B Cash Flow Report
| Stock | Talga Group Ltd (TLG.ASX) |
|---|---|
| Release Time | 30 Oct 2025, 1:11 p.m. |
| Price Sensitive | Yes |
Talga Group reports quarterly activities and cash flow
- Strong market growth with five major battery manufacturers validating Talga's coated graphite anode
- Launched Talnode®-R, a proprietary coated graphite anode product derived from recycled lithium-ion battery waste
- Signed strategic cooperation agreement with US-based battery recycling firm United Catalyst Corporation
Talga Group continued to advance its commercialization strategy during the quarter, reaching key milestones in customer validation, product innovation and security-based supply chain initiatives. Five battery manufacturers successfully characterized and validated Talga's proprietary coated graphite anode products for integration into their cell platforms, spanning high-growth sectors like defence, aerospace, and energy storage. Talga also launched Talnode®-R, an innovative graphite anode product derived from recycled lithium-ion battery waste, and signed a strategic cooperation agreement with US-based battery recycling firm United Catalyst Corporation to explore joint venture opportunities in the US market. The company was granted three patents from the US Patent and Trademark Office for its proprietary graphite-based technologies, strengthening its intellectual property position. Talga also commenced trading on the OTCQX Best Market in the US, improving visibility and access to US investors. The company ended the quarter with a cash balance of A$8.1 million and was awarded A$13.3 million in state aid from the Swedish government to support its sustainable anode material project.
Talga expects initial quantities of 5,000 tonnes of its coated graphite anode product from the EVA plant in 2026, ramping up to 5,000 tonnes per annum from the first commercial lines by 2028.
Talga is well-positioned to capitalize on the growing demand for secure, high-performance battery materials as the global energy transition accelerates. The company's vertically integrated mine-to-anode production platform, proprietary technologies, and strategic partnerships in Europe and the US provide a strong foundation for future growth.