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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 > Lithium converter in Thunder Bay
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Comment by TickerTwiton Nov 17, 2021 2:27pm
146 Views
Post# 34137402

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Lithium converter in Thunder BayBet # 1: Let's say that on Canada Day 2025, either or both of RCK's or AVL's deposits must be in steady-state production of lithium ore (this disallows a surprise discovery of something else).

Bet # 2: This bet is difficult to accept and I'll pass on it. RCK can start construction (it helps the ongoing investment story) without being fully committed. If the CEO can get bonus compensation attached to it for 'milestones', he can be highly motivated to start construction without it necessarily being financially justified.

Stakes? Dinner paid for if and when one of us passes through the other's area?

.
Cartmanbrah wrote:
  1. YES! Spodumene, petallite, lepidolite etc. will be mined in Georgia Lake or/and Separation Rapids by 2025.
  2. YES! Construction of a lithium converter will commence by 2025 in Thunder Bay.

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