Australia's Talga Group surges on environment permit approval for Sweden mine

Talga

06/04/2023 02:39

** Shares of Talga Group Ltd  TLG.AX  rise as much as 23.5%
to A$2.000, their biggest intraday pct gain since April 26, 2021
    ** Co says environmental permit for its Nunasvaara South
natural graphite mine, part of its Vittangi Anode Project in
northern Sweden, has been approved
    ** More than 3.2 mln shares change hands, vs the 30-day
average volume of 1.7 mln shares
    ** TLG cuts back most of its gains, last up 7.4% at A$1.74
    ** Stock has risen 15.7% this year, as of last close

 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@thomsonreuters.com))