The Vittangi graphite project is currently owned by Talga Group Ltd. (“Talga”).  Under the terms of the royalty, a 1% NSR royalty on the gross amount received from the sale of minerals produced is payable to Versamet on a quarterly basis.

The Vittangi graphite project is located in Kiruna, Sweden. Vittangi is one of the world’s highest grade and Europe’s largest JORC-compliant resource which is advantageously located near fast growing battery ‘megafactories’, and benefits from established high quality infrastructure including renewable electricity, road, rail and ports. Talga is currently in the permitting process for the development of the Vittangi graphite project. 

For more information on the Vittangi graphite project, please visit www.talgagroup.com.