Materials provider Talga Resources (TLG) has inked an agreemnt with lithium-ion battery manufacturer Farasis Energy Europe
Through the agreement, Talga will provide coated anode products, which Farasis will evaluate for its batteries and potential European development
Talga is currently building an anode production facility for lithium-ion batteries in Sweden, and hopes to enter Europe’s battery market The demand for lithium-ion batteries in Europe is growing rapidly as the continent transitions to more renewable energy sources
Talga Resources is 2.5 per cent in the green at market open, with shares trading for 41 cents per share