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Talon Metals Battery Minerals Processing Facility Selected by US Department of Energy for $114 Million in Bipartisan Infrastructure Law Funding
Facility will process nickel and other battery minerals in North Dakota, moving processing and...
About this update from Talon Metals Corp.
[{"type":"text","content":"Talon Metals Battery Minerals Processing Facility Selected by US Department of Energy for $114 Million in Bipartisan Infrastructure Law FundingFacility will process nickel and other battery minerals in North Dakota, moving processing and tailings management away from the Minnesota mine siteTamarack, Minnesota--(Newsfile Corp. - October 19, 2022) - Talon Metals Corp. (TSX: TLO) (OTC Pink: TLOFF) (\"Talon\" or the \"Company\") has been informed that its wholly-owned subsidiary, Talon Nickel (USA) LLC, has been selected as a recipient of the first set of projects funded by President Biden's Bipartisan Infrastructure Law to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. Responsible and sustainable domestic sourcing and processing of the critical materials used to make lithium-ion batteries will strengthen American supply chains, accelerate battery production to meet increased demand, and secure the nation's economic competitiveness, energy independence, and national security.On July 1, 2022, Talon's wholly owned subsidiary Talon Nickel (USA) LLC submitted an application for US government funding under \"Area of Interest 01: Commercial Scale Production of Plants for Domestic Separation of Critical Cathode Battery Materials from Domestic Feedstocks.\" The application proposed an ore processing and tailings management facility (the \"Battery Minerals Processing Facility\") located at an existing industrial brownfields site in Mercer County, North Dakota, receiving feedstock from the Company's underground Tamarack mine in central Minnesota and other potential sources in North America. The acquisition of the preferred site in North Dakota is actively under negotiations. Removing the processing facilities from the Tamarack mine site in Minnesota significantly reduces land disturbance and the scope of environmental review and permitting. Both facilities will undergo the science based permitting process in both states that include an opportunity for public comment and government-to-government consultations with tribal sovereign governments. The proposed separation of mine and processing operations will create a new domestic battery grade nickel and iron production capability designed to meet the timelines set in both the...