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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

Post by cciissccooon Apr 15, 2024 10:10am
134 Views
Post# 35989192

One more year, two?

One more year, two?I have been following Avalon for a decade now and it feels like whatever they are doing it will never come to fruition. 
The lithium market is down now but the EV future is inevitable, or it is?

In my opinion the good news is that Avalon managed to establish strong connections with Sibelco and Metso. Basically, they are running the company and considering the size and expertize of both companies I think we should see some good results.
On the other, hand nobody wants to wait for the next cycle another 3-4 or even more years. 
GLTA
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