Talon Metals Corp. (TSX:TLO) has noted, in advance of Tesla, Inc.'s highly anticipated "Battery Day" announcement on Tuesday, September 22, 2020, that its Tamarack Nickel-Copper-Cobalt Project, located in Minnesota, USA - in partnership with Rio Tinto - is positioned to become the only US source of Green Nickel in North America and a key supplier to battery and electric vehicle manufacturers.
In a statement, Sean Werger, president of Talon commented: "The Tamarack Project is extremely well-positioned for the advancement of battery technology, particularly for those advancing EV technology seeking sustainable sources of nickel. The production of Green Nickel for batteries all starts and ends with the rocks it is mined from: They need to be high in nickel and low in deleterious elements."
READ: Talon Metals reveals drill results showing strong nickel grades outside current resource area at Tamarack
"The Tamarack Project is one of the only undeveloped deposits that meets these criteria, and we expect it will play a critical role in the supply chain for battery and vehicle manufacturers looking for the lowest cost product produced in the most responsible way," Werger added.
New Green Nickel projects need to be advanced today to meet the nickel deficit expected to commence in 2026, as nickel projects cannot just go into production overnight, Talon noted.
Based upon current projections, the Tamarack Project is expected to begin producing battery-grade nickel at a crucial time for the battery and electric vehicle industry, it added.
Contact the author at email@example.com