Column: Trump 2.0 won’t reverse Biden’s critical minerals push
Donald Trump has described the Inflation Reduction Act (IRA) as a "green scam" and vowed to repeal it after he returns to the White House in January.
Taseko Mines Ltd. (TSX: TKO) is suing the federal government in B.C. Supreme Court and seeking unspecified compensation for a 2014 decision that blocked development of a proposed $1.5 billion gold and copper deposit.
The Vancouver-based company claims that the government and its agents — including the environment minister at the time — failed to meet their legal duties to Taseko when they blocked the New Prosperity project.
Taseko also alleges, among other things, that its property was effectively expropriated without compensation when a federal cabinet decision on Feb. 25, 2014, made its mineral rights essentially worthless.