Don Bubar on Avalon’s low cost neodymium, praseodymium opportunity
Recently during PDAC 2019, Don Bubar, President, CEO and Director of Avalon Advanced Materials Inc. (TSX: AVL | OTCQB: AVLNF), shared update on Avalon’s lithium and rare earths projects in an interview with InvestorIntel’s Peter Clausi.
Don Said: “What we are seeing now is more specific demand for neodymium and praseodymium because of the magnet applications. We were able to revisit the opportunity there because there are other separate zones on the property that have different mineralogy and one in particular that is highly enriched in rare earth or mineral bastnaesite and that bastnaesite has unusual enrichment in those two particular elements, neodymium and praseodymium. We looked at the opportunity there to develop it at a very modest scale. Its right at surface, it had some work done on it historically, so it can be developed very quickly and using new ore sorting technology we think we can make concentrate of the bastnaesite very easily at a very low cost, not using any water.”
Avalon Advanced Materials Inc. is a Canadian mineral development company specializing in niche market metals and minerals with growing demand in new technology. The Company has three advanced stage projects, all 100%-owned, providing investors with exposure to lithium, tin and indium, as well as rare earth elements, tantalum, niobium, and zirconium. Avalon is currently focusing on developing its Separation Rapids Lithium Project, Kenora, ON and its East Kemptville Tin-Indium Project, Yarmouth, NS to production, while continuing to advance its Nechalacho Rare Earths asset. Social responsibility and environmental stewardship are corporate cornerstones.
To access the complete interview, click here
Disclaimer: Avalon Advanced Materials Inc. is an advertorial member of InvestorIntel Corp.
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