Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s): AVLNF

Metals & Mining Industrial Metals & Minerals

Avalon Advanced Materials Inc. is a Canadian-advanced manufacturing company focused on vertically integrating the Ontario lithium supply chain. Its Lake Superior Lithium Project is in the City of Thunder Bay, Ontario. Lake Superior Lithium Project is located between northern Ontario’s lithium deposits and southern EV battery plants. Through its joint venture with SCR-Sibelco NV, it is developing its Separation Rapids lithium deposit near Kenora, ON, while also continuing to advance the Snowbank lithium and Lilypad lithium-caesium projects. It is also working to develop its Nechalacho rare earths and zirconium project located in the Northwest Territories. This deposit contains critical minerals for use in advanced technologies in the communications and defense industries, among other sectors. Its East Kemptville Tin-Indium Project is located 55 kilometers northeast of Yarmouth, Nova Scotia, Canada. Nechalacho Rare Earth Elements Project is located at Thor Lake, Northwest Territories.

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Avalon Advanced Materials Inc

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Comment by RTOon Sep 24, 2010 9:41am

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Post# 17487662

RE: other HREE plays

Saggy, your right that there are very few economic near-term producers in Canada. I'm following Niocan (NIO) on the TSE. They are awaiting the final operating permit. With only about 20 million shares outstanding and trading at .35 (7$ million mkt cap) I think that this one has been overlooked by the market. I like the AVL property but feel that Capex/Opex is a little high.

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