SEPARATION RAPIDS PROJECT

Overview

Joint Venture with SCR-Sibelco NV to Supply the Global Glass-Ceramics Market and Power North America's EV Battery Industry

Ownership:

  Joint-Venture: SCR-Sibelco NV (60%): Avalon Advanced Materials Inc. (40%)

 The JV owns the flagship Separation Rapids deposit, the Snowbank target, and the Lilypad Project

Location:

  Separation Rapids Deposit, Snowbank Target – Kenora, Ontario

  Lilypad Project – Fort Hope, Ontario

Stage:

  Separation Rapids:  Currently metallurgical testing & drilling 

Key Points:

The property lies within the traditional land use area of the Wabaseemoong Independent Nations (“WIN”) of Whitedog, Ontario: an Aboriginal community located approximately 35 km southwest of the property.

Dual-market strategy to supply petalite-lithium to the global glass & ceramics industry and North American EV battery manufacturing market.

Separation Rapids

Mineral Resource:

  PEA 2018

Updated Resource August 2023

  2024 Winter Drill Program Completed –  MRE Update is planned for Q3 of 2024

Lilypad Project

  Lithium Pegmatites: discovered in the area as spodumene and lepidolite

  Tantalum: present in mineralized pegmatites

  Cesium

Snowbank Target

  Channel samples yielded assays of up to 2.51% Li2O over 1.1 meters, with petalite comprising approximately 50% of the mineral content

 

About Our Joint Venture

sibelco logo1

SCR-Sibelco NV:

  Sibelco is a global materials solutions company that mines, processes, and sells industrial minerals from locations around the world, focusing primarily on silica, clays, feldspathics, and olivine. 

 SRL, the joint venture company, owns and will work to commercialize the mineral assets at Separation Rapids and Lilypad.

 Sibelco has the sole funding responsibility for the first €34.8 million (~C$50 million) of joint venture operations expenditures.

  Mineral output of petalite-lithium at Separation Rapids is expected to be sufficient to pursue a dual-market strategy to supply both the global glass & ceramics and North American EV battery markets.

Related Documentation

Separation Rapids MRE Update

Benefits of Separation Rapids Ltd.

Rich Resource Base

Latest drilling results affirm Separation Rapids' status as a site with a rich resource base, poised for substantial expansion and value creation.

Strategic Partnership

SCR-Sibelco NV, brings expertise and operational efficiency, ensuring long-term success and sustainable growth.

Expansion Potential

Seeking to expand the lithium portfolio by acquiring additional deposits, aiming to enhance market position and meet global demand.

Contact

  • Avalon Advanced Materials Inc.
    130 Adelaide St. W, Suite 2060
    Toronto, ON M5H 3P5
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COMPANY

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 Ontario Program 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.