Avalon Showcases Thunder Bay Lithium Project Design
Company Announcements

Avalon Showcases Thunder Bay Lithium Project Design

Story Highlights

Avalon Advanced Materials (TSE:AVL) has released an update.

Avalon Advanced Materials Inc. has released a new video detailing the process design of their proposed Lake Superior Lithium Project’s processing facility in Thunder Bay, Ontario. This step follows the Preliminary Economic Assessment, which showcased the project’s potential economic benefits, including an after-tax NPV of $4.1 billion and an IRR of 48% over 30 years, marking its significance for the North American EV supply chain.

For further insights into TSE:AVL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskAvalon’s New Solar Farm to Power Lithium Facility
TipRanks Canadian Auto-Generated NewsdeskAvalon Reveals Lucrative Lithium Project Assessment
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App