In a global resources environment where the choice of mineral commodity, project location, operational factors and the right management skill sets is increasingly borderless, Australian exploration and development company, Talga Resources Ltd (ASX: TLG) has emerged as a prime mover in one of Europe’s leading mineral destinations – Sweden.
Underpinning Talga’s growth strategy is Sweden’s reputation as a top tier mining jurisdiction, with well-established bulk commodity infrastructure, low cost power, favourable tax regime, highly skilled workforce and very low sovereign risk.
Perth-based, Talga’s current Swedish portfolio includes the world’s highest grade graphite resource, significant iron ore resources and highly prospective copper-gold exploration projects. The Company also has gold exploration assets in its home state of Western Australia.
Talga’s flagship Swedish assets are the 7.6Mt at 24.4% graphite JORC resource at Nunasvaara, and combined total JORC iron ore resources of 235.6Mt @ 30.7% iron at the Masugnsbyn and Vittangi skarn magnetite iron projects.
Talga first joined the Australian Stock Exchange in July, 2010.