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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 Nov 09, 2021 11:21am
221 Views
Post# 34104944

RE:Lithium converter in Thunder Bay

RE:Lithium converter in Thunder BayThat's very interesting that it is economical to ship bulk 6% lithium ore concentrate across the ocean in this shipping enviroment. 

Avalon has a LOI with First Nations to build the plant on their land. First Nations have their own lithium deposits that would use this converter. I think First Nations would have a better relationship with a Canadian company than a German company. I feel like getting permits might become very complicated if rock tech doesn't play nice with First Nations. 

Avalon has a webinar on november 17th, so we will hopefully find out more about separation rapids and the tin mine
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