Diverse Critical Metals and Minerals Portfolio
There is growing demand for formerly-obscure elements in new technologies such as clean energy, aerospace, energy efficiency, modern electronics and medical applications.
Avalon owns a diverse critical metals and minerals property portfolio, offering investors exposure to lithium, tin and indium, as well as rare earth elements, tantalum, niobium and zirconium. Three projects are in advanced stages of development.
Avalon has been developing critical metal and 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.
Leader in Sustainability
The principles of sustainability are core values of the company. Avalon is a leader among junior miners in adopting best practices to reduce its environmental footprint, prevent water contamination and engage with local communities.
Acting sustainably creates company value by reducing risk for all stakeholders and by optimizing opportunities for individual and community prosperity.
Avalon has been annually reporting on its sustainability performance for almost a decade. Avalon’s sustainability reports provide tangible evidence that the mineral development industry is evolving rapidly as it transitions to cleantech materials production; embraces new, more efficient process technology; and reduces the scale of initial operations - all resulting in a greatly reduced environmental footprint.
Unique Lithium Deposit
The Separation Rapids deposit 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.
Profitable Rehabilitation of a Brownfield Mine Site
Avalon is working toward re-starting production of tin at its East Kemptville Project in Nova Scotia. East Kemptville was in production for just six years before closing in 1992 due to depressed tin prices. Growing demand for tin in the electronics sector has created an opportunity to re-develop the site as a new North American producer of conflict-free tin.
Avalon's current development model contemplates an environmental remediation project that will be financed through the sale of tin concentrates recovered in large part from previously-mined mineralized material on the site.
Advanced Polymetallic Rare Metals Resource
In response to growing demand for rare earth elements, Avalon has invested approximately $100 million into the Nechalacho Rare Earth Elements Property at Thor Lake, NWT since 2006. In 2013, Avalon completed a positive, comprehensive Feasibility Study on the heavy rare earth-rich Basal Zone on the property.
Presence of high grade, near surface neodymium-praseodymium and dysprosium resources in the T-Zone and Lake Zones of the property provide the potential for near term, small scale development. In June 2019, Avalon and Cheetah Resources Pty Ltd. completed a definitive agreement under which Cheetah would acquire ownership of the T-Zone and Tardiff Zone resources for $5 million.