AVLNF) Makes TSX Top Gainer List on News of Production of Lithium Hydroxide and Analcime
(www.
Newswire) a top 100 rated investment site for retail investors
following mining stocks issues a trading and news alert for Avalon
Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) .
The stock makes the TSX top percentage gainer list today following
news. Avalon is trading at 0.1300, up 0.0550, gaining 73.3333% on
volume of over 9 Million shares as of this report.
Avalon Advanced Materials announced the successful production of
lithium hydroxide and analcime, a byproduct that can be used in the
aggregate business, using Metso’s proprietary Alkaline Leach Process
(ALP). This achievement represents a significant milestone in Avalon’s
strategy to establish a sustainable, low-impact processing solution
for North America’s emerging lithium supply chain at its Thunder Bay
Lithium Processing Facility in Ontario, Canada.
Technical Highlights:
Avalon successfully demonstrated the conversion of lithium-bearing
mineral concentrate into lithium hydroxide, confirming both high
recovery and purity levels.
The process simultaneously produced analcime, an inert, neutral, and
reusable byproduct, eliminating the formation of sodium sulfate waste
common in acid-based systems.
The trial validated that no sulfuric acid or sulfate reagents are
required, removing the generation of corrosive effluents and
significantly reducing handling and environmental risk.
Early assessments indicate potential reductions of up to 60% in water
use and a smaller carbon footprint compared to conventional acid leach
or roasting flowsheets.
The Metso process is environmentally safe relative to other processes,
produces environmentally benign byproducts like analcime, reducing
effluent treatment requirements, tailings risk, and carbon emissions-a
major advantage under Canada’s environmental frameworks.
This alkaline leach route consumes less energy and water than
traditional acid roasting, contributing to a smaller environmental
footprint and achieves close to zero discharge.
Metso’s technology directly advances the objectives of Canada’s
Critical Minerals Strategy, Strategic Innovation Fund, and Clean
Growth Hub-facilitating the production of clean, innovative lithium
hydroxide at a time when governments are seeking to establish more
secure lithium supply chains and Canada faces a significant projected
shortage of lithium refining capacity.
Avalon Advanced Materials Inc. is a Canadian critical minerals company
advancing the supply of materials essential for Canada’s future. The
Company is focused on developing strategic assets that support secure,
domestic supply chains and long-term economic growth. Avalon is
focused on vertically integrating the Ontario lithium supply chain
through the development of Lake Superior Lithium Inc., Ontario’s first
midstream lithium hydroxide processing facility, located in Thunder
Bay. This facility will serve as a vital link between northern
Ontario’s lithium resources and the growing EV battery manufacturing
base in southern Ontario and North America. Through a joint venture
with SCR-Sibelco NV, Avalon is advancing the Separation Rapids Lithium
Project near Kenora, Ontario, as well as continuing exploration at its
Snowbank lithium and Lilypad lithium-cesium deposits. The Company is
also advancing the Nechalacho Rare Earths and Zirconium Project in the
Northwest Territories. This deposit contains all light and heavy rare
earth elements, as well as yttrium, zirconium, tantalum, and
niobium-critical minerals used in advanced technologies across the
communications, defense, clean tech, and energy sectors.
Full news:
https://ca.finance./news/avalon-successfully-produces-lithium-hydroxide-110000101.html
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