Talon metals (TLOFF)

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“Balanced” New Rules Should Establish Domestic Mineral Preference Through Strong Enforcement Mechanisms

Tamarack, Minnesota (March 31, 2023)

– Talon Metals Corp. (“Talon” or the “Company”) (TSX:TLO/OTC:TLOFF), the majority owner and operator of the Tamarack Nickel Project (“Tamarack Nickel Project”) in central Minnesota, commends the Biden Administration for new draft rules published today on the implementation of the Section 30D tax credit provisions as amended by the Inflation Reduction Act (IRA). Section 30D provides an individual tax credit of up to $7,500 for individual taxpayers that purchase a qualifying electric vehicle. To qualify for the credit, an EV must be manufactured in North America and use a battery that contains a certain percentage of minerals, such as nickel and lithium, that were extracted or processed in the United States or certain free trade agreement (FTA) countries..

https://talonmetals.com/us-ev-battery-supply-chain-talon-commends-draft-guidelines-implementng-ira-critical-mineral-requirements/