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.

TSX:AVL - Post by User

Avalon Advanced Materials Inc

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Post by hodgigreon Jan 06, 2021 8:16am

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Post# 32231203

Further evidence of support for the AVL/RCK concentrator

https://www.thestar.com/autos/opinion/2021/01/01/2021-will-be-northern-ontarios-turn-to-benefit-from-ev-explosion-minister-says.html

But AVL is not based on a single commodity as has been noted - and it's not about just about resources. It is about technology and experience, relationships with local communities.

Do I think it could be valued at more than 50M. For sure. Is it risky - absolutely. Am I betting on it. Yes. Am I rooting for the development of a domestic supply chain. Yes.

All the best.

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