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.
Hudson Resources (TSXV: HUD) announced that it has completed its initial exploration program on the Sarfartoq niobium and tantalum project in Greenland and that it is expecting initial results from the sampling in the coming weeks.
In a press release, the Canadian miner said that 35 samples were collected from outcrop along 112 metres of exposed pyrochlore mineralization, which hosts the niobium resource. Three samples were also collected along the strike length for mineralogical work.
The European Union and the United States have designated niobium and tantalum as critical to their security and well being
A lab in Ontario will now conduct a head sample analysis for the samples including Nb, Ta, Zr, rare earth element scan, and whole-rock analysis.
“I am very pleased to have re-initiated work on this very exciting target. It has historically provided some of the highest-grade niobium assays in the industry and we plan to build on that foundation,” Jim Cambon, president of Hudson Resources, said in the media brief.
“We intend to carry out metallurgical testwork over the coming months and expect to drill the target in the first half of 2021.”
Cambon highlighted the fact that niobium and tantalum are vital to a wide range of products in the energy, infrastructure, transportation, medical and defence sectors, and that both the European Union and the United States have designated the transition elements as critical to their security and well being.
