Talga Group Ltd. has waited for more than a decade to go ahead with a graphite mine in Sweden that could supply enough battery material to power one million electric cars a year and reduce the continent’s dependence on China.
Yet after some signs of progress, the Australian company has been in administrative limbo on its Nunasvaara South site after a court date for an environmental permit was postponed until February. The slow process has left the project dragging on since 2011.
“The basic problem we’re getting is that there is this unlimited processing time,” said Martin Phillips, chief operating officer at Talga, which says graphite from its mine and refinery running on renewable energy will make the world’s greenest electric vehicle battery anode. “That creates the challenge for us to keep financing our company while we wait for the Swedish…
