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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 > What a scam....
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Comment by Nick1969on Apr 08, 2022 1:17pm
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Post# 34588430

RE:What a scam....

RE:What a scam....https://www.mining.com/avalon-partners-with-indias-essar-group-to-build-ontario-lithium-refinery/
I found this..But this says that Avalon created a new subsidiary ''Avalon Lithium'' with which Essar will be partners with in this project.
That means what?  They will spin Avalon to a few other companies and let it die off  , since it is pretty much bankrupt  and has 400 million shares out? 
Interesting developements ahead..
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