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TLG — Talga News Story

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Australia's Talga hits one-week high on Japanese battery anode offtake deal

BUZZ-Australia's Talga hits one-week high on Japanese battery anode offtake deal

** Shares of Australia's Talga Group TLG.AX gain as much as 5.9% to A$0.270, their highest point since July 8

** The battery materials firm says it has signed a non-binding letter of intent with Japan's Dainen Materials for Japanese battery anode supply

** Adds that it is targeting to negotiate a binding term sheet by September

** TLG stock down 29.7%, YTD


(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))

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