Australia's Talga rises to near 1-month high on regulatory win for Sweden graphite mine

Talga

12/06/2025 02:01

** Shares of Talga Group TLG.AX rise 15% to A$0.46, their highest levels since May 16

** Stock set for strongest trading session since late January, if gains hold

** The specialty miner says all appeals against an exploitation concession permit for its Nunasvaara South graphite mine in Sweden have been dismissed by the Swedish government

** Says dismissal concludes the government appeal review process and concession is now in force

** More than 1.6 million shares change hands, 3.3 times the 30-day average volume

** Stock up 6.8% YTD, including current session's moves

 (Reporting by Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))