Noront's primary asset is the Eagle's Nest project, which has been billed by Wyloo as the largest high-grade nickel discovery in Canada since the Voisey’s Bay find in Labrador.
Finland has thus far not collected taxes on minerals but the government now proposes introducing a royalty of 0.6% on the taxable value of metallic minerals.
California Republican congressman Ken Calvert said America must be "clear-eyed about the Chinese and Russian aggression when it comes to consolidating critical mineral resources.”
