Talga Group (TLG.AX) has been granted the exploitation concession for its Nunasvaara South graphite mine in Sweden, allowing the company to begin mining activities in the region for an initial 25-year period, with the possibility of extending the concession. This milestone highlights Sweden’s status as a favorable mining jurisdiction where projects can obtain permits.
The company is now focused on reaching its Final Investment Decision (FID), which depends on securing the remaining key mine permits and additional offtake agreements. Once the decision is made to proceed with construction, Talga expects the mine’s development to take 18-24 months, including the commissioning phase.