Australian miner Talga rises on 5-year anode supply deal with Germany's EAS Batteries

Talga

16/09/2026 02:29

** Shares of Talga Group TLG.AX rise as much as 7.8% to A$0.275, their biggest intraday pct gain since July 29
** The specialty miner signs an anode supply letter of intent with German Li-ion battery manufacturer EAS Batteries GmbH for high-performance graphite anode from its Vittangi project in Sweden
** Company says the letter outlines progress to a five-year supply agreement
** Targets agreeing to a binding term sheet by April 2027 and executing a definitive supply agreement by July 2027
** Talga down 28.4% YTD, including session's moves

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((Subhalakshmi.Dey@thomsonreuters.com;))