Talga Awards EPCM Contract to Worley for Sweden Graphite Project
- 05-May-2025 10:00 PM
- Journalist: William Faulkner
Talga Group, a battery materials and technology company focused on sustainable anode production, has selected engineering and professional services firm Worley as the preferred contractor to deliver engineering, procurement and construction management (EPCM) services for its Vittangi graphite anode project in northern Sweden.
The appointment marks a significant milestone in the advancement of Talga’s European operations. The two companies have signed a non-binding letter of intent (LOI) outlining the key terms and expectations leading to a binding EPCM contract. This agreement is subject to a final investment decision (FID) by Talga’s Board of Directors, which will depend on the successful completion of several project milestones, including customer offtake agreements and finalized financing arrangements. The LOI, which specifies the collaboration structure and key commercial workstreams, is set to expire on April 10, 2026, unless mutually extended.
Talga CEO Martin Phillips emphasized the strategic importance of the partnership. “This collaboration marks a major milestone in Talga’s mission to become Europe’s leading sustainable anode producer,” Phillips said. “By combining Worley’s global engineering capabilities with our vertically integrated and low-emission graphite technologies, we are confident this partnership will support the successful delivery of the Vittangi project. Their expertise complements our internal team, and we look forward to advancing toward FID together.”
Worley has a longstanding involvement in the Vittangi project, having provided engineering services throughout various technical study phases since 2019. The company’s ability to offer financing facilitation services was also highlighted by Talga as a potential advantage in securing the required project funding.
To date, the Vittangi graphite project has secured significant financial support. This includes a €70 million ($79.7 million) grant awarded by the EU Innovation Fund and a debt consortium backed by a €150 million cornerstone investment from the European Investment Bank (EIB). These contributions reflect the project's alignment with broader European goals for energy security, clean technology, and critical raw materials independence.
In October 2024, Talga secured an exploitation concession for the Nunasvaara South natural graphite deposit, which will supply raw material for the anode production facility. The Nunasvaara South mine is a core part of the larger Vittangi graphite anode project.
Additionally, the project has been recognized by the European Union through two key regulatory frameworks. The graphite mine received Strategic Project status under the Critical Raw Materials Act, while the battery anode facility was recognized under the Net-Zero Industry Act. These designations reinforce the project’s strategic importance to Europe’s energy transition and battery supply chain resilience.
Worley CEO Chris Ashton echoed the significance of the agreement. “This partnership reflects our shared vision for delivering sustainable, future-focused engineering solutions. Our teams bring deep technical knowledge in critical minerals, and we are proud to contribute to a project with such vital implications for Europe’s battery supply chain,” Ashton said.