Talga signs agreement with its first customer

The agreement covers the delivery of 3,000 tonnes of anode material and is Talga's first deal on a commercial scale. The agreement is valid for a four-year period starting this year. Initially, Talga will supply material from a test facility, while the large-scale factory on Hertsön in Luleå is being finalised.

“This Agreement marks a significant milestone in Talga’s mission to deliver sustainable, high-power anode materials to the global battery market. The Agreement also underpins the start of commercial sales, and follows extensive qualification and validation in exciting high-power applications that are subject to high growth market demand,” said Talga Group CEO Martin Phillips.

Nyobolt produces batteries with a focus on high-power fast charging used by heavy vehicles, AI warehouses and data centres. Launched in 2019, the company has now secured customer contracts worth the equivalent of SEK 1.5 billion. Among the largest investors is Swedish Scania.

“Our partnership with Talga represents a strategic pillar in Nyobolt’s globally diversified sourcing approach to enhance operational efficiency and mitigate supply chain risk as it scales its game-changing battery technology. Nyobolt is evolving rapidly as more customers seek high performance and maximum uptime for a growing range of power-intensive applications,” said Nyobolt CEO Dr Sai Shivareddy.

Australia's Talga Group, which includes Sweden's Talga AB, is a global mining company that mines and enriches graphite ore into graphite and graphene products, which are used in the manufacture of environmentally friendly solutions in batteries, carbon fiber composites and in the coating of many materials for increased sustainability.

Lennart Håkansson

editor@northswedenbusiness.com