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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 Dec 04, 2023 12:04pm
194 Views
Post# 35767214

RE:RE:RE:RE:RE:RE:federal $

RE:RE:RE:RE:RE:RE:federal $Ok, I'll bite and argue that one - Look at what Metso does in the lithium space - you guessed it, build and maintain plants. Why would a comany with a 7.5B maket cap pay someone interest to fund the building of their own plant? Not likely -  look what other lithium players have done (Stellantis/vw)and been succesful at.  If they commit to 700M, the ask from Goverment would be 300M? ( conventiently similar to their ask according to Nick69). I'm not pulling this out of my a** Red_Deer, pretty clear what path they are on. 

"With a decade of experience in the processing of Lithium ores and brines Metso is a strong partner for the development of projects and delivering of plant and equipment solutions. Metso has vast expertise from comminution to refining. Our technology portfolio covers main process routes acid roasting and soda pressure leaching.

Our knowledge and installed base of all related beneficiation, pyro- and hydrometallurgical equipment is unique, and we have our own R&D and test facilities to develop first the best process route and later the design basis and layout for the plant and equipment.
 

Planned repairs

Metso offers a full range of maintenance services for mining equipment and repairs, from reconstructing surfaces to full rebuilds of large components. Skilled technicians with specialized tools are available at our repair centers or on-site at your facility. All repairs are handled end-to-end, guaranteeing safe execution and the correct parts.

  • We can provide a combination of on-and-off-site services to speed up large repair projects or plant shutdowns
  • All repair work is backed by our regional warranty policies
  • Exchange programs are available for certain parts or assemblies ensuring minimal downtime while repairs are in progress

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