Avalon Advanced Materials Inc
130 Adelaide St. W, Suite 1901, Toronto, Ontario, Canada | Minerals Recycling
Avalon Advanced Materials (formerly Avalon Rare Metals) is a Canadian mineral development company with a primary focus on the rare metals and minerals, headquartered in Toronto, Canada. Avalon specializes in niche market metals and minerals with growing demand in new technology. The company has three advanced stage projects, all 100%-owned, providing investors with exposure to lithium, tin and indium, as well as rare earth elements, tantalum, niobium and zirconium. Avalon is currently focusing on its Separation Rapids Lithium Project near Kenora, Ontario and its East Kemptville Tin-Indium Project in Yarmouth, Nova Scotia.Health and safety, social responsibility and leadership in environmental stewardship are corporate cornerstones. In December 2015, Avalon published its fourth annual sustainability report in accordance to GRI G4 guidelines. For two consecutive years (2015, 2016) Avalon has placed among Corporate Knights’ Future 40 Responsible Corporate Leaders in Canada.Our Values represent who we are and what we stand for. Our Values guide the way we work, how we treat one another and our stakeholders, and how we go about delivering on our commitments.
Avalon is actively working toward re-starting production of tin at its East Kemptville Project in Nova Scotia. East Kemptville was in production for just 6 years before closing in 1992 due to depressed tin prices. A significant tin-indium (+copper-zinc-silver) resource remains undeveloped. Growing demand for tin in the electronics sector has created an opportunity to re-develop the site as a new North American producer of conflict-free tin.In response to growing demand for new supplies of the rare earth elements, beginning in 2006, Avalon invested approximately $100 million into the Nechalacho Rare Earth Elements Project, completing a positive comprehensive Feasibility Study in 2013. Nechalacho is now an advanced potential new source of the scarce heavy rare earth elements. It also has potential to produce significant by-products of zirconium and tantalum. Avalon is currently monitoring the rare earths market and new research into rare earth extraction techniques that can reduce both operating costs and capital costs. Renewed work on the project is contingent upon recovery in demand and pricing for rare earths and lower capital costs.
Company Details | |
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Company Name | Avalon Advanced Materials Inc |
Business Category | Minerals Recycling |
Address | 130 Adelaide St. W Suite 1901 Toronto Ontario Canada ZIP: M5H 3P5 |
President | Donald S. Bubar |
Year Established | 1995 |
Employees | 50 |
Memberships | NA |
Hours of Operation | NA |
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