Avalon Advanced Materials Unveils Strategy to Bolster North American Critical Minerals Supply Chain
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Avalon Advanced Materials Inc. has unveiled a strategy to enhance the North American critical minerals supply chain. Key developments include a C$18.7 million financing for rare earth and lithium projects, a 28% increase in mineral resources at Separation Rapids, successful recovery of rare earth elements at Nechalacho, and partnerships with Qualcomm Technologies. Lorin Crenshaw joins as CFO. The company seeks government support and aims to expand its shareholder base.
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