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Talga Ships First Commercial Anode to Nyobolt, Shifts From Qualification to Revenue
Talga Group ships first commercial Talnode-C anode to Nyobolt under binding offtake, moving from qualification to revenue. Remaining 3,000-tonne supply expected from planned commercial plant.
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Talga Group (ASX: TLG) has started commercial deliveries of its Talnode-C battery graphite anode to ultra-fast-charging battery developer Nyobolt under a binding offtake agreement. The first shipment left Talga's EVA demonstration plant in Luleå, Sweden, at the contracted commercial price after final customer qualification and audits.
The milestone moves Talga from supplying qualification volumes into ongoing sales revenue. The remaining balance of the 3,000-tonne offtake is expected to come from Talga's planned commercial-scale anode plant in the same area, with construction targeted to begin in 2027 subject to a final investment decision.
Nyobolt has qualified Talnode-C as feedstock for its battery anode technology. The UK battery group recently completed a Series C capital raise at a US$1 billion valuation, which Talga said reflected investor confidence in its ultra-fast-charging systems. Nyobolt has demonstrated the technology in vehicles capable of charging in less than five minutes – roughly twice the speed of the fastest-charging production vehicles available today.