AVALON INSIGHTS

Explore thought leadership and insights on the evolving world of critical minerals and sustainable innovation. From educational overviews to strategic perspectives, these articles offer a glimpse into Avalon’s vision and the broader themes shaping the future of advanced materials.

Jeremy Grimshaw 112 MASTER scaled
Honouring Mining’s Past, Building Its Future: Avalon Supports Frank Grimshaw’s Pitmen

By Avalon Advanced Materials

Honouring Mining’s Past, Building Its Future: Avalon Supports Frank Grimshaw’s Pitmen
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Avalon is proud to support Pitmen by photographer Frank Grimshaw — a powerful tribute to the people and communities whose resilience built the foundations of modern mining and continue to inspire its future.

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Mark N.J. Ashcroft, P.Eng, is a seasoned professional in the mining, resource and finance sectors with a legacy as a sixth-generation miner, who first went underground at 12 years old. Beginning his career underground in Thompson, MB, he later earned an engineering degree and gained extensive experience across North and South America and Australia. He has held roles in mining operations, corporate development, and finance, including President and CEO of Stonegate Agricom, where he managed a pivotal $51.75 million IPO on the Toronto Stock Exchange. Currently, he is the CEO of Aurelius Minerals Inc., focusing on gold projects in Nova Scotia and Ontario.

Mark’s background includes investment banking and corporate finance positions in London, New York, and Toronto at firms like Barclays Capital, Standard Bank, Versant Partners, and Toll Cross Securities, dealing primarily with resource companies. He has served on various public mining and exploration boards, advising on governance and capital markets. Mark is a licensed Professional Engineer in Ontario, and holds a Bachelor of Engineering in Mining Engineering from Laurentian University and a Master of Science in Finance, Regulation, and Risk Management from the University of Reading..

Cindy Hu joined Avalon in 2007. Prior to joining the company, Ms. Hu was a senior manager with the accounting firm Andersen & Company Professional Corporation. She is a Chartered Professional Accountant with over 20 years of experience in public accounting practice and financial reporting, primarily for junior public companies and private wealth management portfolios.

MS. Hu earned her B.Com from Laurentian University in 1996.

Scott Monteith was appointed CEO of Avalon Advanced Materials Inc. in May 2023. He is an entrepreneur and business owner with a successful track record of moving inventions from ideation to commercial success. He graduated with a Bachelor of Business Management from Toronto Metropolitan University and is part of the Young Presidents’ Organization in Ontario. 

Mr. Monteith is currently the Chairman of Monteco Ltd., Cable House Capital Ltd. and Imtex Membranes Corporation. He also serves as a Director on the Avalon Board. 

Mr. Monteith has extensive experience in the areas of marketing, manufacturing, technology transfer, technology licensing, new product development, patent management, corporate development, government affairs, and strategic planning. An intuitive individual, he possesses strong communications, team building and management skills.

Mr. Monteith is the founder of a successful portfolio of companies that include Biox Biodiesel, Imbrium Systems, Green Turtle Technologies, Filamat Composites, and Imtex Membranes.