- Talon Metals (TLO) reports that battery materials have been added to the support available under the Defense Production Act (DPA) Title III program
- Nickel and the other battery materials join rare earths as the only critical minerals eligible for DPA Title III support reducing U.S. dependence on Russia and China
- The DPA Title III program provides authority for the Administration to use a variety of tools to support domestic production
- Talon’s Head of Climate Strategy Todd Malan sat down with Shoran Devi to discuss the news
- Talon is a base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project in Minnesota
- Talon Metals Corp. (TLO) opened trading at C$0.85 per share
Talon Metals (TLO) commends President Biden for adding battery materials to the support available under the Defense Production Act (DPA) Title III program.
The DPA Title III program provides authority for the Administration to use a variety of tools to support domestic production. Funding for particular aspects of project development, funding for infrastructure or equipment, and the ability to commit to offtake contracts are just some of the tools available once an industry is added to the list of national priority industries.
Nickel and the other battery materials join rare earths as the only critical minerals eligible for DPA Title III support reducing U.S. dependence on Russia and China.
Talon’s Head of Climate Strategy Todd Malan sat down with Shoran Devi to discuss the news.
“Talon is ready to work with the U.S. Government to bring technology and fresh approaches to discovering and developing new domestic high-grade nickel deposits like the Tamarack Nickel Project, address community concerns about mining operations, and ensure “cradle to cradle” traceability for the infinitely recyclable materials that we hope to produce in Aitkin County, Minnesota. Working together, we can establish the U.S. as a global leader in responsible mining, processing and recycling of battery materials.”
Talon is a base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project in Minnesota.
Talon Metals Corp. (TLO) opened trading at C$0.85 per share.