TradingCharts
2年前
Environmental concerns are in debate for coveted nickel needs in changing auto industry
By Bruce Walker | The Center Square May 30, 2023
The Eagle Mine in Michigan’s Upper Peninsula is currently the only nickel mine in the U.S. Talon Metals Inc. is in the process of developing a second nickel mine in Tamarack, Minn. The underground Eagle Mine initially was met with widespread environmental protests before it opened fully for operation in 2014. However, in the years since the mine has come to be regarded as setting the benchmark for all future U.S. mines.
“Thus far, Eagle Mine has operated in compliance with the regulations and requirements of permits issued by EGLE under the Natural Resources and Environmental Protection Act,” Melanie Humphrey, senior geologist with the Michigan Department of Environment, Great Lakes, and Energy’s Upper Peninsula Geological Repository, told The Center Square in an email. “From my perspective as an environmental regulator, Eagle Mine has been responsive and proactive to environmental issues and concerns.”
Malan said the permitting of the Eagle Mine included compliance with Michigan’s stringent environmental regulations as well as U.S. standards.
“The United States, and states like Michigan, have some of the highest standards globally for protection of environment and cultural resources, labor, human rights and participation of indigenous people,” Malan told The Center Square. “When it comes to the production of critical minerals like nickel, these high standards ensure that we can responsibly extract these minerals domestically.”
https://www.thecentersquare.com/michigan/article_56c67ca4-ff19-11ed-b7e2-f767e71dc2fd.html
TradingCharts
2年前
Better In Our Back Yard
7,606 followers
• 3h • Edited •
Yesterday, Congressman Pete Stauber, chairman of the Subcommittee on Energy and Mineral Resources, hosted five of his colleagues from the subcommittee for a hearing at the Mountain Iron-Buhl Public School Auditorium to hear from three witnesses.
The witnesses were Jessica Johnson Community Outreach and Government Relations Manager with Talon Metals Corp., Dean Peterson, Chief Geologist of Big Rock Exploration, and Joe Baltich, owner of Northwind Lodge in Ely.
It's extremely impressive that Congressman Stauber was able to pull this hearing off and host members of Congress from outside of Minnesota.
Learn more via the link below:
https://lnkd.in/gmkFmpXj
https://www.linkedin.com/feed/update/urn:li:activity:7059512361455390720/?origin=SHARED_BY_YOUR_PAGES
TradingCharts
2年前
This is the latest on the timeline for permitting that I could find..
They said, with continued exploration success, they are confident their current resource estimate for the project could be met, and ultimately exceeded, without diluting grade.
“However, uncertainty remains in terms of project operating and economic metrics, with the reconfigured project, mining in Minnesota and processing in North Dakota, to be clarified during the Feasibility Study (FS) later in 2023,” the analysts pointed out.
“Should drilling define another high-grade resource with the Raptor Zone, however, we believe the FS could be pushed into 2024 as a revised and enhanced mine plan is developed.”
As such, Stifel's analysts reiterated their ‘Buy’ rating for the stock and C$0.80 price target. Talon’s shares were trading up 3% at C$0.34 on Thursday morning.
https://www.proactiveinvestors.com/companies/news/1012820?SNAPI
TradingCharts
2年前
Talon Metals Confirms High-Grade Mineralization in the New Raptor Zone with Assays Grading up to 6.93% Nickel
Newsfile Corp.
Wed, April 19, 2023 at 6:00 AM CDT·14 min read
Validates that the United States hosts additional high-grade nickel and progresses towards permitting for the underground mine and processing facility to supply Tesla
Tamarack, Minnesota--(Newsfile Corp. - April 19, 2023) - Talon Metals Corp. (TSX: TLO) (OTC Pink: TLOFF) ("Talon" or the "Company"), the majority owner and operator of the Tamarack Nickel-Copper-Cobalt Project ("Tamarack Nickel Project") in central Minnesota, confirms the presence of high-grade nickel in the newly discovered "Raptor Zone", with grades up to 6.93% nickel intersected.
Over the past several months, Talon has been advancing its dual strategy of (i) new exploration along the Tamarack Intrusive Complex, with the primary goal of discovering additional high-grade nickel-copper resources at the Tamarack Nickel Project; and (ii) progressing the requisite drilling, data collection, modelling, and engineering studies and designs to enable Talon to commence the environmental review process that starts the permitting process in the state of Minnesota and completing a feasibility study for the Tamarack Nickel Project. Talon is also progressing planning, design and permitting of its Battery Minerals Processing Facility in Mercer County, North Dakota, which was selected by the US Department of Energy for $114m in grant funding under the Bipartisan Infrastructure Law in October of 2022.
https://finance.yahoo.com/news/talon-metals-confirms-high-grade-110000238.html
TradingCharts
2年前
“Balanced” New Rules Should Establish Domestic Mineral Preference Through Strong Enforcement Mechanisms
Tamarack, Minnesota (March 31, 2023)
– Talon Metals Corp. (“Talon” or the “Company”) (TSX:TLO/OTC:TLOFF), the majority owner and operator of the Tamarack Nickel Project (“Tamarack Nickel Project”) in central Minnesota, commends the Biden Administration for new draft rules published today on the implementation of the Section 30D tax credit provisions as amended by the Inflation Reduction Act (IRA). Section 30D provides an individual tax credit of up to $7,500 for individual taxpayers that purchase a qualifying electric vehicle. To qualify for the credit, an EV must be manufactured in North America and use a battery that contains a certain percentage of minerals, such as nickel and lithium, that were extracted or processed in the United States or certain free trade agreement (FTA) countries..
https://talonmetals.com/us-ev-battery-supply-chain-talon-commends-draft-guidelines-implementng-ira-critical-mineral-requirements/
TradingCharts
2年前
March 28, 2023 – Calgary, Canada and Tamarack, Minnesota:
EnviCore Inc. (“EnviCore”) and Talon Metals Corp. (TSX:TLO) through its subsidiary Talon Nickel (USA) LLC (“Talon Metals”) are working together to study EnviCore’s technology that avoids the creation of mine waste (tailings) in mineral processing, turning them into value-added products for the building, construction and infrastructure industries. The product would replace primary raw materials in legacy cement and concrete production that require significant CO2 emissions in processing.
https://talonmetals.com/talon-metals-and-envicore-partner-to-reduce-mine-waste-and-pioneer-full-value-mining-approach/