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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

Comment by Jsaw44on Sep 16, 2021 11:47pm
200 Views
Post# 33875944

RE:RE:RE:RE:RE:delinquent ??

RE:RE:RE:RE:RE:delinquent ??Tin is at record highs right now. Cash price is $34,950 as I am writing this. The AISC for that tin mine is like 22k/ton. So that mine would be highly profitable if it was up and running. 1,200 tons/year over 16 years. The stock price is worth just that tin mine alone.  The tin demand is through the rough because of solder for computer chips. in 18 months all these semiconductor fabs will come online and the price will go higher. 

Lithium prices have been on a terror recently.

Lithium Hydroxide LME price
   
6/3/2021 13.75
6/10/2021 13.75
6/17/2021 15
6/24/2021 15.25
7/1/2021 15.25
7/8/2021 15.25
7/15/2021 15.5
7/22/2021 15.5
7/29/2021 15.75
8/5/2021 15.75
8/12/2021 15.75
8/19/2021 16.25
8/26/2021 16.5
9/2/2021 17.75
9/9/2021 19.25

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