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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 Apr 18, 2024 11:42am
83 Views
Post# 35996034

RE:RE:Taken from a previous post of mine.

RE:RE:Taken from a previous post of mine.The whole idea is to have this processing /concentratre avaiable to ship to southern ontario plants.

Why would they go all over the world? 

Yes, technically boats could travel to U.S and S. America, just to turn around and come right back?
I am sure there will be some stiff tax regulations on that. 

Too much invested in the southern ontario plants so committing to another 200-300M+ for refinery/plant seems like a must. Or govt will look foolish for not planning ahead and using canadian/ontario resources. Political disaster considering the hype...

That said -  I wouldn't be surprised...






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