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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 jazzlistener2on Dec 05, 2020 10:02am
417 Views
Post# 32043627

what's the next step

what's the next stepI think perhaps a land purchase in thunder bay for the ore processing plant.  I heard they had couple guys looking at spots around the waterfront. Would have both water and rail access. The refined ore would be shipped out to the battery makers or other product makers. Most of the infracture, roads, hydro, rail-cn and cp lines, port, are already in place. Does Avolan and their partner have the right people to make it happen, or will it be like Noront up in the ring of fire; all talk  and nothing else.
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