Talon Metals (TSE:TLO) has released an update.
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Talon Metals Corp. reported a net loss of $2.3 million for the year ended December 31, 2023, a slight increase from the previous year’s $1.5 million loss, with notable investments of $44.2 million in exploration and development of their Tamarack Nickel-Copper-Cobalt Project. The company is in a joint venture with Rio Tinto and has a supply agreement with Tesla to provide nickel concentrate, alongside receiving substantial funding from the US Department of Energy and Defense to support its operations.
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