Business
Why the Talga (ASX:TLG) share price is surging 8% today
The Talga Group Ltd (ASX: TLG) share price is trading 8.64% higher at $1.32 at the time of writing. This comes as the company announced a new graphene milestone.
This is in contrast to recent movements with the Talga share price having fallen sharply since the turn of the year, slumping 29%.
What Happened
This morning’s announcement revealed that Talga has reached a key milestone in its ship coating trials.
Talga has been undertaking a research study regarding its graphene ship coating. Aimed at providing a more weatherproof and chemically friendly alternative to the current commercially available chemical coating.
The primer coating was first applied to a 33,000-tonne container ship late in 2019. At the time, this was the…
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