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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 Petermanson Jan 11, 2022 8:42pm
308 Views
Post# 34306320

RE:RE:RE:stock house interview with the Donald, good read

RE:RE:RE:stock house interview with the Donald, good readI am too.  The company tends to fly under the radar, which I like as well.  Lithium is our future.  GM just announced that they sold out their initial offerings of the SIlverado EV in just 12 minutes. It is taking some time for Avlaon to get to production, but it will come.  I wish their CEO would consider handing over operations to someone with a little more energy.  He is a smart enough guy but I just think the company needs a younger professional calling the shots.  They should be looking for ways to develop infrastructure to take the ore to a processing plant.  They should consider developing a railway branch line to facilitate more rapid and economical transportation of ore. They could be purusing support from the federal government as this industry lends itself well to the national green energy strategy.  Working with the provinical government following the Spring election (assuming the conservatives relinquish control).  There are just so many things the company could be doing with a more passionate leader.
I will stick it out though as the company could also end up being acquired.
Best of luck.
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