Avalon Showcases Thunder Bay Lithium Project Design

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.

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