Agoracom Blog

Video – Avalon Advanced Materials $AVL is Creating Ontario’s First Regional Lithium Battery Materials Refinery in Thunder Bay $SMY $NB $APY

Posted by AGORACOM-Eric at 5:03 PM on Thursday, April 14th, 2022

 Did you know that there is a growing demand for formerly-obscure elements in new technologies such as clean energy, aerospace, energy efficiency, modern electronics and medical applications.

Avalon is the gateway for shareholder access to these metals as advances in technology increase demand

Avalon owns a diverse critical metals and minerals property portfolio and is poised to fill this emerging high tech demand through the exposure to rare earth elements, lithium, tin, indium, cesium and tantalum. Obscure yes, but no less valuable than the other metals that are driving the demand for new advances in technologies such as Nickel, Cobalt and Copper.

Avalon has been developing critical mineral properties since the mid 1990’s, when President & CEO, Don Bubar, first acquired the Separation Rapids Lithium Project for its industrial mineral potential for glass-ceramics. The project in northwestern Ontario hosts the world’s largest, undeveloped known resource of the rare lithium mineral petalite. Avalon is currently re-evaluating the potential to serve the glass-ceramics market and has also investigated the possibility of producing a high purity lithium chemical for the rapidly expanding market in lithium ion batteries.

The global glass industry is valued at over $100 billion, and continues to grow through innovation of new glass products, many of which take advantage of the unique properties of lithium for strengthening glass. In addition to the burgeoning battery industry expansion, the glass industry still represents 25-30% of global demand for lithium

… but wait there is more…

Avalon has made a stunning announcement recently to establish Ontario’s first regional Lithium Battery Materials Refinery in Thunder Bay, and they are not doing it alone. Supported by the Essar Group,  a company with assets under management of over 8.2 BILLION, they plan on refining not only their own critical metals, but those of other companies as well. This is true leadership in the metals arena and a decision that will reward Avalon shareholder for years to come as they develop a supply chain for lithium in Ontario.

Sit down and take a moment to listen to this fantastic interview with Don Bubar, President and CEO of Avalon Advanced Materials Inc. as he walks investors through the plans to establish a regional lithium battery materials supply chain to serve the needs of future electric vehicle and battery manufacturers in Ontario and elsewhere.

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