Avalon Rare Metals Inc. (TSX & NYSE Amex: AVL) is a mineral exploration and development company focused on rare metals deposits in Canada. Its flagship project, the 100%-owned Nechalacho Deposit, Thor Lake, NWT, is emerging as one of the largest undeveloped rare earth elements resources in the world. Its exceptional enrichment in the more valuable 'heavy' rare earth elements, which are key to enabling advances in green energy technology and other growing high-tech applications, is one of the few potential sources of these critical elements outside of China, currently the source of 95% of world supply. Avalon is well funded, has no debt and its work programs are progressing steadily. Social responsibility and environmental stewardship are corporate cornerstones. Avalon's performance on community engagement in the north earned it the 2010 PDAC Environmental and Social Responsibility Award.
Don Bubar, President & CEO of Avalon Rare Metals, talks about higher grades and higher prices
Thursday, October 20, 2011
Don Bubar, President & CEO of Avalon Rare Metals (TSE:AVL), talks about higher grades and higher prices, producing at least 10,000 tonnes of rare earths per year by 2016, moving forward to pilot production, four memoranda of understanding with offtakers from Asia, and supplying the more scarce heavy rare earths.
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