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only talga QUARTERLY ACTIVITIES REVIEW FOR THE PERIOD ENDING 30 SEPTEMBER 2021 29 October 2021 ASX : TLG Talga Group Ltd ABN 32 138 405 419 1st Floor , 2 Richardson St , West Perth 6005 Australia • T : +61 8 9481 6667 www.talgagroup.com Corporate Information ASX Code TLG Shares on issue 303.2m Options ( unlisted ) 13.3m Performance rights 2.1m Company Directors Terry Stinson Battery anode and advanced materials company Talga Group Ltd ( ASX : TLG ) ( " Talga " or " the Company " ) is pleased to report its activities for the quarter ending 30 September 2021 . PRODUCT AND TECHNOLOGY DEVELOPMENT Hitachi Life Cycle Assessment defines Talga's world - leading green anode credentials Swedish Electric Vehicle Anode ( " EVA " ) plant construction update TalnodeⓇ and TalpheneⓇ products advance with customers COMMERCIAL AND PROJECT DEVELOPMENT • • Non - Executive Chairman • Mark Thompson Managing Director Grant Mooney Non - Executive Director Stephen Lowe Non - Executive Director Ola Mørkved Rinnan Non - Executive Director ABB MOU expanded to include mine electrification for expansions of Talga's Swedish battery anode operation Trial Mine at Vittangi Graphite Project underway Mining applications submitted for Niska development under Talga's expansion plans Drilling program commenced at Vittangi as part of Talga's graphite resource growth initiatives SkyTEM results from ongoing exploration activities received subsequent to the quarter CORPORATE AND FINANCE • Appointment of global CFO and Chair of Swedish Board Discussions with potential Vittangi financing and JV partners on track Talga joins RECHARGE , Europe's leading industry body of the advanced rechargeable and lithium - ion battery value chain Cash balance of A $ 46.0 million as at 30 September 2021 Commenting on the developments over the September 2021 quarter , Talga Managing Director Mark Thompson said : “ During the quarter we made strides in achieving key long term strategic goals , focusing on financing our first commercial anode project and toward future expansions to become the largest anode producer outside of Asia . We have also been successful in our exploration and trial mining of what is already Europe's largest natural graphite resource , towards securing the critical raw material needed to produce the world's greenest anode for more sustainable batteries . "