Talon Metals — Tamarack

United States · Mine · Permitting · TSX:TLO

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US · United StatesNorth AmericaPermittingMineTSX:TLO

Talon Metals — Tamarack

Tesla offtake signed. DOE $114M battery-materials grant. Minnesota permitting timeline H2-2026.

ESG score
79
0–100
Annual capacity
18k t/y
nameplate
Established
2014
12 years
FEOC status
Compliant
OFAC + EU + UK

Materials produced

NiHigh
Nickel — Class 1 (battery-grade)
USD / tonne18,900
CuModerate
Copper Cathode (LME Grade A)
USD / tonne9,820
CoCritical
Cobalt (refined)
USD / tonne33,200

Compliance signals

  • IRA §30D (US Treasury)Eligible
  • EU CRMA strategic projectNot eligible
  • OFAC consolidatedClear
  • UK HMT sanctionsClear
  • Beneficial ownershipVerified
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Certifications & standards

IRMA
Initiative for Responsible Mining Assurance — independently audited mine-site standard.

Risk flags

  • Pre-production
Country risk context

United States — Inflation Reduction Act §30D + DPA Title III + DoD strategic stockpile. Permitting timelines remain a constraint.

Recent intelligence relevant to this supplier

3 items
  • 2026-05-25·Sanction·European Union
    EU 14th sanctions package: Norilsk Nickel partial restrictions extended

    Council Regulation (EU) 2026/823 extends import restrictions on Russian Class-1 nickel through Q2-2027. Existing long-term contracts grandfathered until 2026-12-31. EU OEMs accelerating substitution programs.

  • 2026-05-17·Geopolitics·DRC
    DRC mining code amendments raise state-equity threshold to 30%

    Parliament passed amendments to 2002 Mining Code requiring state participation of 30% in new strategic mineral projects (cobalt, copper, lithium). Existing concessions exempt; renewals subject. Glencore, CMOC, ERG concession renewals 2026-2028.

  • 2026-05-08·Geopolitics·Indonesia
    Indonesia formalizes raw-nickel export ban extension through 2030

    President signed Reg. 18/2026. Downstream value-addition mandate maintained. Chinese-built HPAL capacity now ~620ktpa Ni-eq, but ESG and FEOC issues block IRA qualification of most output.

Peer suppliers

Sharing at least one material

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