Avalon Advanced Materials is Creating Ontario's First Regional Lithium Battery Materials Refinery in Thunder Bay

AGORACOM Small Cap CEO Interviews - Een podcast door AGORACOM

Categorieën:

Did you know that there  is a growing demand for formerly-obscure elements in new  technologies such as clean energy, aerospace, energy efficiency, modern  electronics and medical applications. Avalon is the gateway for shareholder access to these metals as advances in technology increase demand Avalon  owns a diverse critical metals and minerals property portfolio and is  poised to fill this emerging high tech demand through the exposure to  rare earth elements, lithium, tin, indium, cesium and tantalum. Obscure  yes, but no less valuable than the other metals that are driving the  demand for new advances in technologies such as Nickel, Cobalt and  Copper. Avalon  has been developing critical mineral properties since the mid 1990’s,  when President & CEO, Don Bubar, first acquired the Separation  Rapids Lithium Project for its industrial mineral potential for  glass-ceramics. The project in  northwestern Ontario hosts the world’s largest, undeveloped known  resource of the rare lithium mineral petalite. Avalon is currently  re-evaluating the potential to serve the glass-ceramics market and has  also investigated the possibility of producing a high purity lithium  chemical for the rapidly expanding market in lithium ion batteries. The global  glass industry is valued at over $100 billion, and continues to grow  through innovation of new glass products, many of which take advantage  of the unique properties of lithium for strengthening glass. In addition  to the burgeoning battery industry expansion, the glass industry still  represents 25-30% of global demand for lithium … but wait there is more... Avalon has made a stunning announcement recently to establish Ontario's first regional Lithium Battery Materials Refinery in Thunder  Bay, and they are not doing it alone. Supported by the Essar Group, a  company with assets under management of over 8.2 BILLION, they plan on  refining not only their own critical metals, but those of other  companies as well. This is true leadership in the metals arena and a  decision that will reward Avalon shareholder for years to come as they  develop a supply chain for lithium in Ontario. Sit down and take a moment to listen to this fantastic interview with Don Bubar, President and CEO of Avalon Advanced Materials Inc. as he walks investors through the plans  to establish a regional lithium battery materials supply chain to serve  the needs of future electric vehicle and battery manufacturers in Ontario and elsewhere.

Visit the podcast's native language site