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 Mouloukon Feb 03, 2020 11:07am

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Post# 30634187

RE:The Nechalacho Rare Earths

Nice article... but I still have issues understanding AVL business model. So the article indicates that AVL might sell its REE REE to Lynas or others. Are we talking about REE concentrate or are we talking about REE oxide? Big difference! And how much will it cost AVL to produce? I am looking forward to have a bit more details on the business model.

I also dislike when articles refer to production without actual timelines. AVL might be one step closer to production, but if production is in 5 years it is a bit misleading. 2021 or 2025 is a big difference, especially for junior plays.

Moulouk

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