ABOUT AVALON

Who We Are

Avalon Advanced Materials Inc. is a Canadian critical minerals company strategically advancing a portfolio of projects that support secure domestic supply chains for clean energy, advanced manufacturing, and technology sectors. Our focus is on high-value materials with strong demand fundamentals, positioning Avalon to capitalize on the accelerating global shift toward electrification and decarbonization.

Nechalacho Rare Earth Elements (REE) and Zirconium Project

The Nechalacho REE and Zirconium Project in the Northwest Territories hosts a full suite of light and heavy rare earth elements—including neodymium, praseodymium, dysprosium, terbium and gadolinium—along with yttrium, zirconium, tantalum, and niobium. These critical minerals underpin high-performance magnets, clean technology, defense applications, and advanced electronics.

Lake Superior Lithium Project

Lake Superior Lithium Inc., located in Thunder Bay, Ontario – set to be Ontario’s first midstream lithium hydroxide processing facility, connecting northern Ontario’s lithium resources with the EV battery manufacturing ecosystem in southern Ontario and North America.

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 Vision

To position North America as a global leader in sustainable critical minerals by building the foundation for clean energy, resilient supply chains, and long-term economic growth.

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.

Asset Locations

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 is an experienced CEO with a successful 30-year track record of moving clean and industrial technology from ideation to commercial success.  Mr. Monteith has extensive international experience in the areas of team building, biofuel refining, petrochemical refinery decarbonization, water treatment system manufacturing, research & development, strategic alliance formation, and government affairs.

 

Mr. Monteith holds a Bachelor of Business Administration from Toronto Metropolitan University and has been a member of the Young President’s Organization for over 20 years.