Tesla Supplier Talon Metals Agrees on $115M Federal Funding Spend for North Dakota Nickel Plant
The plant, backed by the Biden administration, is part of a national effort to boost domestic production of critical minerals.
- Talon Metals, in a joint venture with Rio Tinto, is developing a nickel ore processing plant in North Dakota that will supply Tesla.
- The U.S. Department of Energy has agreed with Talon Metals on how to spend nearly $115 million in federal funds awarded to the project.
- The processing plant is part of a national effort to bolster domestic production of critical minerals and is backed by the Biden administration.
- The proposed plant will process ore from Talon's proposed underground mine near Tamarack in northeastern Minnesota, which is still awaiting approval from Minnesota regulators.
- The project has faced opposition from environmental groups and tribes due to concerns about potential impacts on water and other resources.