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Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s):  AVLNF

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.


TSX:AVL - Post by User

Post by PetroLoonie1on Nov 12, 2020 7:00pm
885 Views
Post# 31892093

Rare Earth Prices Rise as China Waits for New Export Law

Rare Earth Prices Rise as China Waits for New Export Law
 https://www.asiatimesfinancial.com/rare-earth-prices-rise-as-markets-wait-for-new-export-law
 

(ATF) The spot supply of light and heavy rare earths is tight in China, and institutions are concerned that a new round of peak prices is coming.

According to Ruidao Metal Network and Baotou Rare Earth Exchange on November 9, the overall rare earth market continued to rise last week, and prices of mainstream light and heavyrare earth products maintained steady increases.

Market inquiries continued to be active, spot stocks were tight, and downstream operating rates rose slightly. Some businesses have begun to be reluctant to sell again. The price of holmium oxide has risen in the latest listing price of the Heavy Rare Earth Group.

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