Report

Update: 1980s tin mine provides additional value

Demonstrating it is a diversified development company and not solely focused on rare earths, Avalon has announced a maiden code-compliant resource for its East Kemptville tin project in Nova Scotia. Although at an early stage of assessment, East Kemptville could modify Avalon's risk profile, which has so far been dominated by a rare earth market affected by weak demand for REE metals and financing constraints for new projects.
Underlying
Avalon Advanced Materials

Avalon Advanced Materials is a mineral exploration and development company with a primary focus on rare metals and minerals. Co. owns six rare metals and mineral projects in Canada, three of which are under active development, but none of which are in production. It also owns royalty interests in two exploration projects which are not in production. For at least the last three years Co. has expended substantially all of its efforts on the development of Nechalacho Rare Earth Elements Project, its East Kemptville Tin-Indium Project and Separation Rapids Lithium Project.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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