Avalon acquires Thunder Bay site for lithium plant
As part of its strategic transformation to become a vertically integrated lithium producer, mineral development company Avalon Advanced Materials has announced the purchase of an industrial site in Thunder Bay, Ontario, for the construction of its planned midstream lithium hydroxide processing facility.
Avalon president Zeeshan Syed says Thunder Bay is strategically located at a provincial midpoint between the resources of the north and downstream electric vehicle (EV) battery and automotive manufacturing hubs in the south.
When complete, the integrated project will enable broader development of north-western Ontario’s lithium assets by producers seeking to use the proximity of Avalon’s processing capacity.
The Thunder Bay site acquisition follows Avalon entering a strategic partnership with materials solutions provider SCR-Sibelco, announced last week.
The agreement with Antwerp-based Sibelco secured Avalon a C$63-million investment to advance its firm’s lithium production and processing goals across its suit of lithium mineral assets, led by Separation Rapids in north-western Ontario.
"Sibelco congratulates Avalon on achieving its next strategic milestone of acquiring the Thunder Bay site, strengthening its EV battery market focus," notes Sibelco CEO Hilmar Rode.
"We are proud to contribute and support Avalon through Sibelco's focus on development of the lithium mine joint venture with the aim to expand the mineral resource and develop the mining operations to meet the needs of the downstream markets in both technical glass and ceramics and the Avalon refinery project."
Comments
Research Reports
Projects
Showroom
ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...
VISIT SHOWROOM
Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
