Talon to Receive US$2.47 Million in Funding from the Defense Logistics Agency
Talon Metals has been awarded a US$2.47 million research and development contract from the Defense Logistics Agency (DLA) to fund scientific research on new approaches for extracting nickel, cobalt, and iron from domestic nickel sulphide ores and tailings. The 15-month project will focus on the Tamarack Nickel Project, which includes a proposed underground nickel-copper mine in Minnesota and a Battery Mineral Processing Facility in North Dakota.
The research aims to develop novel extraction technologies in collaboration with Argonne National Laboratory and Columbia Electrochemical Energy Center. The project will study sulphuric acid and sodium hydroxide recycling technologies, hydrometallurgical precipitation, and Reductive Leach with Electrochemical Reagent Regeneration Technology. The initiative targets producing U.S. nickel for battery materials while reducing process waste and enhancing value recovery.
Talon Metals ha ricevuto un contratto di ricerca e sviluppo del valore di 2,47 milioni di dollari USA dalla Defense Logistics Agency (DLA) per finanziare la ricerca scientifica su nuovi metodi di estrazione di nichel, cobalto e ferro dalle miniere nazionali di minerali di nichel solfuri e dai tailings. Il progetto, della durata di 15 mesi, si concentrerà sul Tamarack Nickel Project, che comprende una proposta di miniera sotterranea di nichel-rame in Minnesota e un impianto di lavorazione minerale per batterie nel Dakota del Nord.
La ricerca mira a sviluppare nuove tecnologie di estrazione in collaborazione con l'Argonne National Laboratory e il Columbia Electrochemical Energy Center. Il progetto studierà le tecnologie di riciclo di acido solforico e idrossido di sodio, la precipitazione idrometallurgica e la tecnologia di leaching riduttivo con rigenerazione di reagenti elettrochimici. L'iniziativa ha come obiettivo la produzione di nichel statunitense per materiali per batterie, riducendo al contempo i rifiuti di processo e migliorando il recupero di valore.
Talon Metals ha sido premiada con un contrato de investigación y desarrollo de 2,47 millones de dólares de la Defense Logistics Agency (DLA) para financiar investigaciones científicas sobre nuevos enfoques para extraer níquel, cobalto y hierro de los minerales de sulfuro de níquel nacionales y de los relaves. El proyecto, de 15 meses de duración, se centrará en el Tamarack Nickel Project, que incluye una propuesta de extracción de níquel-cobre subterránea en Minnesota y una instalación de Procesamiento de Minerales de Batería en Dakota del Norte.
La investigación tiene como objetivo desarrollar tecnologías de extracción novedosas en colaboración con el Argonne National Laboratory y el Columbia Electrochemical Energy Center. El proyecto estudiará tecnologías de reciclaje de ácido sulfúrico y hidróxido de sodio, precipitación hidrometalúrgica y tecnología de lixiviación reductiva con regeneración de reactivos electroquímicos. La iniciativa tiene como meta producir níquel estadounidense para materiales de baterías, al tiempo que reduce los desechos del proceso y mejora la recuperación de valor.
탈론 메탈스는 국방 물류국(DLA)로부터 247만 달러의 연구 및 개발 계약을 수여받아 국내 니켈 황화광석과 테일링에서 니켈, 코발트 및 철을 추출하는 새로운 접근 방식에 대한 과학적 연구를 자금 지원받습니다. 15개월 프로젝트는 미네소타에서 제안된 니켈-구리 지하 광산과 노스다코타에 있는 배터리 광물 가공 시설을 포함한 타마락 니켈 프로젝트에 초점을 맞출 것입니다.
이 연구는 아르곤 국립 연구소(Argonne National Laboratory) 및 컬럼비아 전기화학 에너지 센터(Columbia Electrochemical Energy Center)와 협력하여 새로운 추출 기술을 개발하는 것을 목표로 합니다. 이 프로젝트는 황산 및 수산화 나트륨 재활용 기술, 수화 금속 추출법, 전기화학적 시약 재생 기술과 함께하는 환원 침출을 연구할 것입니다. 이 이니셔티브는 배터리 재료를 위한 미국의 니켈 생산을 목표로 하며, 프로세스 폐기물을 줄이고 가치 회복을 향상시키는 데 기여할 것입니다.
Talon Metals a reçu un contrat de recherche et développement d'une valeur de 2,47 millions de dollars américains de la Defense Logistics Agency (DLA) pour financer des recherches scientifiques sur de nouvelles méthodes d'extraction de nickel, de cobalt et de fer à partir de minerais sulfureux de nickel nationaux et de résidus. Le projet de 15 mois se concentrera sur le Tamarack Nickel Project, qui comprend une proposition de mine souterraine de nickel-cuivre dans le Minnesota et une installation de traitement de minéraux pour batteries dans le Dakota du Nord.
La recherche vise à développer des technologies d'extraction novatrices en collaboration avec l'Argonne National Laboratory et le Columbia Electrochemical Energy Center. Le projet étudiera les technologies de recyclage de l'acide sulfurique et de l'hydroxyde de sodium, la précipitation hydrométallurgique et la technologie de lixiviation réductrice avec régénération de réactifs électrochimiques. L'initiative vise à produire du nickel américain pour les matériaux de batteries tout en réduisant les déchets de processus et en améliorant la récupération de valeur.
Talon Metals hat einen Forschungs- und Entwicklungsvertrag in Höhe von 2,47 Millionen US-Dollar von der Defense Logistics Agency (DLA) erhalten, um wissenschaftliche Untersuchungen zu neuen Ansätzen zur Extraktion von Nickel, Kobalt und Eisen aus einheimischen Nickel-Sulfid-Erz und -Abraum zu finanzieren. Das 15-monatige Projekt konzentriert sich auf das Tamarack Nickel Project, das einen vorgeschlagenen unterirdischen Nickel-Kupfer-Bergbau in Minnesota und eine Anlage zur Verarbeitung von Batterie-Mineralien in North Dakota umfasst.
Die Forschung zielt darauf ab, neuartige Extraktionstechnologien in Zusammenarbeit mit dem Argonne National Laboratory und dem Columbia Electrochemical Energy Center zu entwickeln. Das Projekt wird Recyclingtechnologien für Schwefelsäure und Natronlauge, hydrometallurgische Fällung und reductive Leach mit elektrochemischer Reagenregenerationstechnologie untersuchen. Die Initiative zielt darauf ab, US-Nickel für Batteriematerialien zu produzieren und gleichzeitig Abfälle im Prozess zu reduzieren und den Wert zu steigern.
- Secured US$2.47M in government funding for R&D
- Strategic partnership with national laboratories and research institutions
- Potential to improve nickel recovery efficiency and reduce waste
- Development of value-added products and co-products
- Projects are still in early stages of state and federal permitting
- Research outcomes and commercial viability remain uncertain
Funding from the 2024 Defense Appropriations Act will support scientific studies of new approaches to enhance nickel recovery
Washington, D.C.--(Newsfile Corp. - December 11, 2024) - Talon Metals Corp. (TSX: TLO) (OTC Pink: TLOFF) ("Talon" or the "Company"), through its wholly owned subsidiary Talon Nickel (USA) LLC, has been awarded a research and development contract from the Department of Defense's Defense Logistics Agency ("DLA") to fund scientific research on new approaches for extracting nickel, cobalt and iron from domestic nickel sulphide ores and tailings. Research will focus on Talon's Tamarack Nickel Project, comprised of its proposed underground nickel-copper mine in central Minnesota and its proposed Battery Mineral Processing Facility in Mercer Country, North Dakota. Both projects are in the early stages of state and federal permitting.
Highlights
DLA will provide funding in the fixed amount of US
$2.47M over a 15-month period for a R&D project titled "Building a Domestic Supply Chain of +99% Pure Nickel Powders and Value-Added Products for Clean Energy and Defense Related Manufacturing through a Novel Flowsheet to Process Domestically Sourced Polymetallic Sulphide Ores."Funding underscores the long-term strategic importance of nickel for defense platforms, electric batteries and other clean energy systems.
Aligns with views from Talon and the U.S. Geological Survey (USGS) that the Midcontinent Rift in the Lake Superior region is highly prospective for nickel sulfide deposits with potential for "district scale" mineralization.
Leverages technology developed by U.S. national labs and premiere U.S. research institutions.
Challenges Chinese and Russian dominance in supply of nickel for clean energy systems.
If successful, will help ensure that nickel produced for U.S. defense requirements and battery supply chains is produced at high labor standards, environmental protections and participation of indigenous people.
Specific funding from Congress demonstrates strong bipartisan focus on using American innovation to address dependence on China for critical mineral processing.
The research project funded by the Defense Logistics Agency and led by Talon will study the efficacy and viability of novel sulphuric acid and sodium hydroxide recycling technologies with Argonne National Laboratory's Bipolar Membrane Electrodialysis process, hydrometallurgical precipitation of co-products through neutralization of leachates, and Reductive Leach with Electrochemical Reagent Regeneration Technology from the Columbia Electrochemical Energy Center in a two-phase pilot initiative. This initiative aims to produce U.S. nickel for U.S. battery Cathode Active Material ("CAM"), high-quality U.S. iron for Lithium Iron Phosphate ("LFP") battery CAM and recover more U.S. nickel lost during the traditional flotation process. Additionally, valuable co-products such as Supplementary Cementitious Material[1] ("SCM") and magnesium carbonate will be studied as a way to reduce process waste (tailings) and enhance value from each ton of ore extracted.
"China is executing a long-term strategy to control the global nickel market through investing billions of dollars in Indonesian nickel mining and refining. Today, over half the world's supply of nickel is produced by Sino-Indonesian firms and funded by Chinese state banks," said Henri van Rooyen, CEO of Talon. He continued, "This funding from the DLA, as appropriated by Congress, enhances the United States' ability to responsibly and sustainably extract nickel from its own mineral resources through new approaches to extraction that can yield high nickel recovery, recovery of by-products and waste reduction. American innovation is required to reduce our dependency on China and Indonesia for critical minerals like nickel."
Todd Malan, Chief External Affairs Officer at Talon added: "This funding from the FY 2024 Defense Appropriations Bill was advanced by Senator John Hoeven, who has been a tireless advocate for North Dakota's ability to produce critical minerals. Senator Hoeven has been focused on how American innovation can be harnessed to make projects like Talon's Battery Mineral Processing Facility in Mercer County, North Dakota, even more competitive against Chinese suppliers. Mercer County is developing into a hub for critical mineral innovations."
ABOUT TALON
Talon is a TSX-listed base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. Talon's shares are also traded in the U.S. over the OTC market under the symbol TLOFF. The Tamarack Nickel Project comprises a large land position (18km of strike length) with additional high-grade intercepts outside the current resource area. Talon has an earn-in right to acquire up to
For additional information on Talon, please visit the Company's website at www.talonmetals.com or contact:
Media Contact:
Todd Malan
1 (202) 714-8187
malan@talonmetals.com
Investor Contact:
Sean Werger
1 (416) 500-9891
werger@talonmetals.com
FORWARD-LOOKING STATEMENTS
This news release contains certain "forward-looking statements". All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Such forward-looking statements include statements relating to the receipt of funding from DLA and the results of the research being undertaken pursuant to the DLA funding and the potential future commercial use thereof. Forward-looking statements are subject to significant risks and uncertainties and other factors that could cause the actual results to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company.
Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
[1] SCM can be used as a replacement of Portland cement in concrete mixtures.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233396
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