CORPORATE OVERVIEW

Land Acknowledgement

Avalon Advanced Materials Inc. acknowledges that our work takes place within the ancestral and traditional territories of First Nations, and Métis people. We respect Indigenous rights and are committed to deepening our existing relationships while forging new lasting ties which will ensure that we and future generations benefit from the positive social and economic opportunities related to our operations.

Our Story

Avalon is currently in an exciting transition phase, evolving from a junior miner to an asset management company. Over the years, we have amassed an impressive portfolio of high-value assets, now being leveraged to position ourselves as leaders in the industry.

Our commitment to innovation and sustainability drives us to continuously identify and develop new opportunities that align with our vision of a greener, more efficient world. Our goal is to establish ourselves as a premier asset management company, capitalizing on our extensive expertise and resources to create lasting value for our stakeholders.

Our Vision

To be a global leader in sustainable asset management, transforming natural resources into valuable products and services that contribute to a greener and more prosperous world.

Our Mission

To create stakeholder value and community prosperity by developing scalable businesses that deliver critical materials to customers. We are committed to sustainable practices, fostering effective partnerships, and maintaining high performance in all aspects of our operations.

Our Values

Sustainability & Responsibility

We promote eco-friendly practices, minimize environmental impact, and ensure responsible sourcing and management of critical minerals.

People & Partnerships

Our strength lies in our collaborative and inclusive approach, fostering strong relationships to achieve common goals.

Innovation & Technology

We leverage cutting-edge technology to drive innovation, ensuring we remain at the forefront of an evolving industry.

Integrity & Community

We uphold the highest standards of integrity and transparency, positively impacting the communities where we operate and ensuring safety and well-being.

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 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 with Harvard Business School. 

Mr. Monteith is currently the Chairman of Monteco Ltd., Cable House Capital Ltd. and Imtex Membranes Corporation.

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

Mr. Monteith is the founder of Monteco Ltd. and has served as its President and CEO since 1995. Since its inception, Monteco has launched a successful portfolio of companies that include Biox, Imbrium Systems, Green Turtle, Filamat Composites, Imtex Membranes and Optomem Sensors.