Avalon’s Don Bubar on developing a rare earths supply chain in Canada
“Interest in rare earths continues to ramp up. There is real concern about the security of supply of these critical materials outside of China. With the Executive Order that Trump implemented this summer means there is now funding available for companies aspiring to participate in developing that supply chain in the United States.” States Don Bubar, President, CEO and Director of Avalon Advanced Materials Inc. (TSX: AVL | OTCQB: AVLNF), in an interview with InvestorIntel’s Tracy Weslosky.
Don went on to provide an update on Avalon’s collaborative development agreement on Nechalacho Rare Earth Elements Project with Cheetah Resources of Australia. He said that Cheetah Resources has taken ownership of one small part of the property where the resource was well suited for developing at a very small scale to get something in production quickly, make a concentrate that can be shipped and rare earths extracted to provide another source of rare earths to rapidly serve the needs in markets outside of China. Don also provided update on Avalon’s East Kemptville Tin-Indium Project and Separation Rapids Lithium Project. He said that the company is planning to use sensor-based ore sorting at the East Kemptville Tin-Indium Project. The work is in progress for testing the material to be able to use the technology and the initial results are encouraging.
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Disclaimer: Avalon Advanced Materials Inc. is an advertorial member of InvestorIntel Corp.
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Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>