Avalon is developing deposits of critical raw materials that will be utilized to a great extent in the clean technology industry, which requires strong environmental performance from its suppliers.
Avalon proactively manages the environmental impact of its activities in all project and corporate locations. The company engages in meaningful and transparent consultation with communities of interest to inform of its project activities and adapt its plans where appropriate. At advancing projects, Avalon completes detailed environmental assessments, against which it can assess and manage potential environmental impacts and risks and utilize this information to evaluate future environmental performance.
Avalon also develops comprehensive environmental management systems, plans and procedures and embeds environmental protection measures throughout all aspects of its projects’ lifecycle. This management practice helps Avalon to:
- ensure timely approval of environmental authorizations;
- earn support from communities of interest;
- reduce risks of and cost associated with environmental clean-up and regulatory action;
- minimize capital and operating costs of environmental management;
- improve profitability and competitiveness by minimizing waste generation and energy use; and
- generate a competitive advantage by meeting the environmental expectations of investors, customers and shareholders.
On November 22, 2016, Avalon received the Best Use of Renewables for Mine Exploration award at the Energy and Mines’ Renewables in Mining Awards event, part of the World Congress of Energy and Mines conference. The award was given to Avalon “to recognize innovation and leadership in the use of renewables for mine exploration, prospecting or early mine development.” Dr. Bill Mercer, Avalon’s VP, Exploration, led the initiative to reduce energy consumption from diesel fuel at the company’s Nechalacho Project in the Northwest Territories. Avalon was recognized for installing and operating a renewable energy system at the mining exploration stage that integrated diesel generator, battery bank, inverter system and solar panels at the Nechalacho Project.
For more information, see the company’s Sustainability Report.