Articles for tag: Avalon, Bay, begins, conversion, facility, lithium, PEA, Thunder

April 20, 2024

Ron Finklestien

mining

Avalon Embarks on PEA for Thunder Bay Lithium Conversion Facility

The Environmentally Friendly Metso Lithium Conversion Technology In a bold move reflecting the winds of change, Avalon has taken the plunge into pursuing a Preliminary Economic Assessment (PEA) for its Thunder Bay lithium conversion facility. The facility, slated for operational debut in 2025, will showcase the cutting-edge Metso lithium conversion technology – a revolutionary acid-free approach. This forward-thinking innovation ensures a departure from the use of hazardous reagents, instead birthing a byproduct comprising a harmonious blend of sand and limestone, which can be repurposed to craft construction materials. The Promising Acquisition of the Industrial Site Harnessing the essence of strategic

March 18, 2024

Ron Finklestien

mining

Avalon Embarks on $11 Million Investment for Groundbreaking Lithium Processing Venture

Revolutionizing Lithium Processing Exciting news emerged in July 2023 when Avalon unveiled its collaboration with the Finnish mining tech powerhouse, Metso. Joining forces, the two entities aim to establish a cutting-edge lithium processing plant – poised to be the province’s forerunner in battery-grade lithium production. Through this strategic partnership, Avalon gains access to Metso’s advanced technologies, enabling the production of lithium hydroxide cathode materials tailored for the thriving global electric vehicle (EV) market. A Strategic Property Acquisition Prior to this groundbreaking partnership, Avalon sealed the deal on the acquisition of a sprawling 383-acre industrial site. Situated uniquely with direct access