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Bullboard - Stock Discussion Forum Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s):  AVLNF

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... see more

TSX:AVL - Post Discussion

Avalon Advanced Materials Inc > About the property....
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Post by CravingProfits on Jun 20, 2023 11:06pm

About the property....

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Former mill to become Lithium processing plant
Dryden, ON, Canada / CKDR
Adam Riley
Jun 19, 2023 | 10:59 PM
Former mill to become Lithium processing plant
Avalon Advanced Materials has purchased the former Abitibi industrial yard in Thunder Bay as the site of a new Lithium processing plant (Adam Riley / Acadia Broadcasting)
 
 
 
The former Abitibi pulp mill site in Thunder Bay has a new owner, Avalon Advanced Materials.
 
The lithium producer has purchased the property with the intentions of developing a lithium processing plant.
 
A release from the company notes the location is strategically located nearby the resources in the north with direct access to rail, road and a deep water port.
 
Lithium is a much sought after resource, specifically for its use in electric vehicles and the batteries which power them.
 
Avalon currently has a pair of lithium focused projects in the region, including Separation Rapids north of Kenora and one near Ebametoong First Nation.
 
The company says once the facility is built it would provide an estimated 500 jobs in the region, and promote development of other lithium projects in the area by giving them a processing plant in close proximity.
 
 
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