AVLNF Avalon Advanced Materials Inc (QB)

EDISON EQUITY RESEARCH: AVALON RARE METALS - TIN AND LITHIUM PROJECTS GAIN MOMENTUM

In this note we look a Separation Rapids, one of Avalon’s (AVL) three main development assets. This project is focused on developing a high-purity petalite resource that could produce both lithium minerals and lithium chemicals for the high-temperature ceramics, glassware and lithium-ion battery industries. Avalon has also announced it will undertake a C$1.3m fully funded work programme on its East Kemptville Tin-Indium Project in Nova Scotia over the summer months. The information gained will aid completion of a preliminary economic assessment (PEA) by year end, thereby marginally de-risking the project from its current pre-scoping study level. 

Avalon Rare Metals is focused on rare metal and minerals deposits in Canada, with three advanced-stage projects, including its 100%-owned Nechalacho Deposit, the Separation Rapids Lithium Minerals Project and the East Kemptville Tin-Indium Project.

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