Macquarie Capital Europe appointed by Perth’s Talga to secure financing for Swedish graphite refinery

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Image Credit: Talga Resources Ltd
Media Release

Talga appoints Macquarie Capital financial adviser for project financing and strategic investment process.

Advanced battery anode materials and graphene additives provider Talga Resources Ltd (“Talga” or “the Company”) (ASX:TLG) is pleased to announce, with immediate effect, the appointment of Macquarie Capital (Europe) Limited (“Macquarie”) as the Company’s financial adviser.

The Company has significantly progressed the qualification of its Talnode®-C product with target customers, commenced the Stage 1 Definitive Feasibility Study for the Vittangi graphite anode project (“Project”), and has been reviewing a number of potential financing options.

To this end, the Company is pleased to have signed a mandate under which Macquarie will act as financial adviser to the Company with a focus on engaging strategic partners and investors in regards to financing of the Project (Stage 1 and Stage 2).

The engagement also includes exploring the merits of an additional listing on the London Stock Exchange at the appropriate time.

Talga Managing Director, Mr Mark Thompson: “It is pleasing that Macquarie recognises Talga’s strong market position and advanced stage of becoming Europe’s first large-scale lithium-ion battery anode producer. Macquarie are uniquely placed to assist Talga, having an extensive industry network and successful track record introducing battery materials companies as strategic partners and investors.”