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Talon Metals receives $2.47m funding for nickel extraction research
Talon Metals (TSX: TLO, OTC: TLOFF) has won a contract from the US Department of Defense to aid the research and development of new techniques for extracting minerals from nickel sulphide ores and tailings.
The research will focus on the company’s Tamarack project, which comprises an underground nickel-copper mine in central Minnesota and a battery mineral processing facility in North Dakota. Both projects are in the early stages of state and federal permitting.
The research funding is provided by the DoD’s Defense Logistics Agency, which manages the end-to-end global defense supply chain, and will run for a 15-month period. The contract amount is fixed at $2.47 million.
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- [Editor:邢亚敏]
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