Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s): AVLNF

Metals & Mining Industrial Metals & Minerals

Avalon Advanced Materials Inc. is a Canada-based mineral development company, which is focused on vertically integrating the Ontario lithium supply chain. The Company’s projects include East Kemptville Tin, Lilypad Cesium, Nechalacho Rare Earth Elements (REE), Separation Rapids Lithium and Warren Township Feldspar. The East Kemptville Tin-Indium Project is located approximately 45 kilometers (km) northeast of Yarmouth, Nova Scotia. The Lilypad Cesium-Tantalum Property consists of 14 claims totaling 3,108 hectares covering a field of cesium, tantalum and lithium-rich granitic pegmatites. The Nechalacho REE Property is located at Thor Lake, Northwest Territories. The Warren Township Anorthosite Project is an advanced specialty industrial minerals development opportunity located 100 km west of Timmins, Ontario in the Porcupine Mining Division. The property is located near road and rail infrastructure and is close to markets in southern Ontario and the northeastern United States.

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Avalon Advanced Materials Inc

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Post by smootjoneson Jun 28, 2023 7:37am

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Post# 35517949

EV Manufacturers looking to sure up their supply

VW and BMW are still looking to sure up their Li supply. I don't think the initiial investment by Sibelco would have been made, nor the purchase in TB completed without a major player ready to commit. Sibelco would be out the ~65m they invested knowing Avalon would never have enough funding to build a refinery. It's only a matter of time until we hear about government funding, a major EV player funding or perhaps both...

https://www.aol.com/news/threatened-shortages-electric-car-makers-061016380.html

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