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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 hodgigreon Dec 17, 2020 7:17am
381 Views
Post# 32126170

The pieces fit!

The pieces fit!If you listen to the tail end (33 minute mark) of the FCC announcement yesterday, Mr. Rickford, the Minister of Energy, Mines, Northern Development and Indigenous Affairs states that now they can turn their focus to lithium with an exciting opportunity for lithium processing in Thunder Bay, and rich lithium deposits in northern Ontario.
 
https://zoom.us/rec/play/Afj-RyGTMaVLmIf67KKNlwtp6MXHGFBO5Vj79MYLfX96lAvOpc5bPp55DR6A77d-nhowYC08ZQKuUex3.-YxRKQ7Z5tu7Q8yD
 
I confirmed my suspicion with a knowledgeable source that there is nobody other than AVL and Rock Tech that are in a position to be the reference of this government support for a processing facility - and of course Separation Rapids is described as high purity lithium deposit.
 
https://avalonadvancedmaterials.com/news_media/news_releases/index.php?content_id=912
 
https://avalonadvancedmaterials.com/projects/separation_rapids/
 
AVL has several quality critical mineral plays across their various projects. There is activity on virtually every front with renewed interest in securing North American supply chains for the same.  Some are certainly longer term and larger plays than others, but my confidence that AVL will develop at least one of these projects has grown substantially and I've invested (not trading) as much as I can on this news, knowing I could lose it.
 
The potential upside is large!

Happy holidays.

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