Avalon Advanced Materials Inc. announces that its Board of Directors has approved the adoption of a shareholder rights plan effective as of April 8, 2025, pursuant to a shareholder rights plan agreement entered into with TSX Trust Company, as rights agent under the Rights Plan. The purpose of the Rights Plan is to ensure, to the extent possible, that all shareholders of the Company are treated fairly in connection with [...]
Avalon Advanced Materials Inc. , announces the results of its 2025 Annual and Special Meeting of Shareholders held in Toronto, Ontario on February 27, 2025 . At the Meeting, all seven director nominees listed in the Company's information circular dated January 14, 2025 were elected as directors of the Company. The detailed results of the vote are as follows: Director Number of Votes Cast Percentage of Votes Cast Alan [...]
Avalon Advanced Materials is pleased to announce the results of an updated Mineral Resource Estimate for the Separation Rapids Project. This update builds on a year of extensive drilling and data analysis, further refining the geological model of the previously announced mineral resource estimate from Avalon's August 10, 2023, news release. The updated MRE for the Separation Rapids Project was prepared by SLR Consulting [...]
Avalon Advanced Materials Inc. , is pleased to announce the appointment of Mark N.J. Ashcroft, P.Eng., a seasoned mining executive with extensive experience in operations and corporate finance, as a Strategic Consultant to Avalon's wholly owned subsidiary, Lake Superior Lithium Inc. . LSLi has been formed to progress the development of the proposed 30,000-tonne lithium processing facility in Thunder Bay, Ontario . Mr [...]
Avalon Advanced Materials Inc. is pleased to announce that it has completed CAD $3,500,000 in convertible debenture financing from its significant shareholder, SCR-Sibelco NV , a global leader in material solutions and a leader in the mining and processing of high purity quartz. The proceeds will be used to fund the advancement of its Lake Superior Lithium Project in Thunder Bay, the Nechalacho REE and Zirconium Project [...]
Consistent with its strategy to become a leading North American vertically integrated lithium producer, Avalon Advanced Materials Inc. , is pleased to announce it has signed a memorandum of understanding with Qualcomm Technologies Inc. on a strategic collaboration focused on Avalon's Thunder Bay lithium processing facility, advancing cutting-edge digital solutions that enhance operational efficiency and optimize data [...]
Avalon Advanced Materials Inc. , today shared the results of a third-party study conducted by RIAS Inc. , an Ottawa-based consulting firm. This report, based on the recent Preliminary Economic Assessment and customized input-output multipliers from Statistics Canada, details the significant economic and labour impacts from Avalon's proposed lithium processing facility in Thunder Bay, Ontario . The full report is available [...]
Avalon Advanced Materials Inc. is pleased to share the release of a new video rendering showcasing the design and layout of the proposed processing facility at the Lake Superior Lithium Project in Thunder Bay, Ontario . Cannot view this video? Visit: https://www.youtube.com/watch?v=nO4ak5shWVo The video rendering highlights the facility's innovative battery-grade lithium hydroxide conversion process, starting with [...]
Avalon Advanced Materials Inc. , is pleased to announce plans to develop a zero-emission solar farm at its 100% owned Thunder Bay industrial site, the future home of Avalon's planned lithium processing facility. This initiative underscores Avalon's commitment to sustainability and positions the province as a leader in advanced manufacturing and clean energy. The proposed solar farm will repurpose a portion of the site [...]
Avalon Advanced Materials Inc. , is pleased to announce the completion of a Preliminary Economic Assessment for its Lithium Hydroxide Processing Facility project in Thunder Bay, Ontario, Canada . The PEA prepared by DRA Americas Inc. demonstrates the Project's compelling economic viability. The PEA considers a design capacity for the annual production of 30,000 tonnes of battery-grade lithium hydroxide . All dollar values [...]
Avalon Advanced Materials Inc. , in conjunction with its Joint-Venture partner SCR-Sibelco NV , is pleased to report the second and final batch of drill results for the 2024 winter drill campaign from the Separation Rapids Project in Kenora, Ontario . See Figure 1. The 2024 winter drill campaign was conducted by the Joint Venture Company Separation Rapids Ltd., which is 60% owned by Sibelco and 40% owned by Avalon. The [...]
Avalon Advanced Materials Inc. , in conjunction with its Joint-Venture partner SCR-Sibelco NV , is delighted to announce the commencement of an upcoming mineral resource update for the Separation Rapids Project in Kenora, Ontario. Managed by the Joint Venture Company Separation Rapids Ltd. , the 2024 winter drill campaign focused on a critical part of SRL's strategy to upgrade the 2023 Mineral Resource Estimation [...]