Australia's Talga Group climbs on financing support for Swedish anode project

Talga

21/07/2022 02:17

** Shares of battery anode maker Talga Group  TLG.AX  rise
as much as 5.96% to A$1.245, hit their highest level since June
10
    ** Co says it received Letter of Interest (LoI) from
government-owned Swedish Export Credit Corporation  urn:newsml:reuters.com:*:nASX3XyNz9
    ** LoI to support construction financing of Talga's Vittangi
Anode Project in Sweden
    ** Vittangi Anode Project is a natural graphite anode
operation to produce ultra-low emission coated anode for Li-ion
batteries
    ** Talga stock down 27.9% this year, as of last close

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))