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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 KIMAUIon Sep 05, 2023 9:08am
105 Views
Post# 35619505

RE:Q3 is complete. Either we signed with METSO or we didn't

RE:Q3 is complete. Either we signed with METSO or we didn'tOther than them being a day late - any other backing to this, or just nerves?  This is a massive multi million dollar deal so if they are late a bit, I am sure it is for a valid reason. If anything the 20% increase would be more of a reason to be confident this is happening. I was honestly expecting this - 2 big international backers on the first mid tier lithium refinery plant in ontario. Gov't will need to have skin in this and that my friend - it why we are late. 
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