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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 Apr 15, 2022 10:55am
234 Views
Post# 34606376

RE:Good opportunity to load up?

RE:Good opportunity to load up?I think this is going to turn into an unprofitable venture by the time 2026 hits, so many other lithium producers will be online by then using cheaper sources of lithium than pedolite

I think the US producers have more of a green light given the national defense act just got applied to battery materials. The larger producers already have their processing facilities figured out and will just scale. They are using salt brine and clay deposits which are significantly cheaper than hard rock. pedolite is the most expense hard rock lithium to process btw
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