LAKE SUPERIOR LITHIUM INC

Highlights of 2024 PEA
Completed by DRA Americas Inc.
Robust Project Economics
Indicates a strong financial case to procced to the next phase of the project: a feasibility study
Sustainably produced lithium: through the Metso technology
Overview
Building Ontario's 1st Lithium Hydroxide Processing Facility – Fueling Tomorrow's Green Economy
Ownership:
Lake Superior Lithium Inc. (LSLi) is a 100% wholly owned subsidiary of Avalon Advanced Materials Inc.
Location:
The project is located in the City of Thunder Bay, Ontario, offering strategic access to North American transportation networks, skilled labor, and established industrial infrastructure. Situated on fully zoned, serviced industrial land, LSLi benefits from existing infrastructure that reduces development costs and timelines. Its proximity to rail and a deep-water port enables efficient access to both domestic and international markets.
Stage:
A Preliminary Economic Assessment (PEA) has been completed. The company is also evaluating the potential for an on-site solar farm to support clean energy operations.
Key Project Highlights:
The facility’s flexible feedstock strategy allows for processing multiple lithium concentrate types, reducing supply chain risk.
Avalon is committed to meaningful partnerships with First Nations communities, built on mutual respect and long-term collaboration. Sustainability is embedded in every stage of the project.

Objectives
Develop a Technology & Innovation Centre (TIC)
The TIC will foster technological collaboration, innovation and introduce novel IP.
Create an ESG-Leading, AI-Driven Project
The Industrial site can scale to host processing, recycling, chemical, and cell manufacturing capabilities.
Build an Integrated Lithium Platform
Accepting lithium concentrates from multiple producers and creating an Industrial Park in Ontario.
Strategic Investment Overview
Strategic Location: Proximity to key markets and resources, supporting efficient supply chains.
Infrastructure Advantage: Robust infrastructure, including existing buildings, extensive rail connectivity, and a deep-water port.
Supporting Government Incentives: Leverage Canadian, and U.S. government incentives for green energy and technology projects.
Meeting High Demand: The facility will help meet the escalating demand for lithium in EVs and renewable energy storage.
Scalable Growth Potential: Capable of processing Spodumene and Petalite concentrate, Facility designed with scalability in mind, capable of expanding to meet future market demands.
Sustainability Commitment: Implement environmentally friendly processes to minimize ecological impact and support sustainability goals.
Integrated Lithium Platform: Host processing, recycling, chemical, and cell manufacturing capabilities at the Thunder Bay site.
Watch this video to explore our strategic site in Thunder Bay, Ontario.
Access to Southern Ontario, U.S., and International Markets

This visual demonstrates the trade connectivity from the Lake Superior Lithium Project to U.S. and international markets—enabling a reliable supply of lithium for the expanding EV market.
Partnerships

Metso Corporation:
Avalon has partnered with Metso Corporation to incorporate state-of-the-art processing technologies at the Thunder Bay facility. Metso’s proprietary alkaline leaching process enables a direct and sustainable conversion of spodumene concentrate to battery-grade lithium hydroxide. Unlike traditional methods, this process is completely acid- and sulfate-free, aligning with Avalon’s goal of minimizing environmental impact while optimizing efficiency. With Metso’s global leadership in mineral processing and Avalon’s commitment to clean energy solutions, the facility is poised to become Canada’s first commercial lithium processing operation of its kind.



Discover the key highlights of Avalon’s recently completed Preliminary Economic Assessment (PEA) for the Lake Superior Lithium Project in Thunder Bay, Ontario.

Explore Avalon's recent news and announcements.
Benefits of the Lake Superior Lithium Project
Strategic Location
Located between northern Ontario’s lithium deposits and southern EV battery plants. The location leverages numerous site advantages, optimizing logistics and access to key markets.
Sustainability
We value environmental stewardship, recognizing our responsibility to future generations. Our facility is designed to minimize its carbon footprint and have a minimal impact on the surrounding ecosystem.
Community Partnerships
We prioritize partnerships with First Nations communities, ensuring that benefits are extended to all regional communities. We believe in empowering the community to power a brighter, cleaner tomorrow.
