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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 TickerTwiton Nov 12, 2021 6:43pm
200 Views
Post# 34121979

RE:RE:RE:RE:RE:Lithium converter in Thunder Bay

RE:RE:RE:RE:RE:Lithium converter in Thunder BayRather than lies, consider them to be statements of likelihood. RCK's statements are extremely unlikely (based on Canadian Shield mining history), while mine are extremely likely (based on Canadian Shield mining history).

No one, as far as I know, has advanced a primary-lithium project in the Canadian Shield past PEA. AVL will not be an exception because they will never get enough funding for pre-feasibility work. RCK might be an exception if they fail to get decent salaries from the Europe idea and have enough funding.

At this time, as far as I know, there are four active lithium projects in the Canadian Shield. Three have PEAs. All are owned by Canadian sub-juniors. None have appealing economics.

A practical note: Until proven otherwise, assume that anything said by an exploration company is an attempt to fluff you (fluff=arouse) into investing. Very, very few projects get past PEA. The industry knows what most PEAs are and most competent sources of funding also know what most PEAs are -- horse patooey.

.
Cartmanbrah wrote: So basically, when RCK claimed they will mine spodumene in Ontario they were in effect lying whereas you are telling the truth.
But in Canada, where does the feedstock come from? Not RCK or AVL, neither of whom will ever produce. So ... from whom?

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