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15/12/2011

Avalon Rare Metals CEO says feasibility study on target for late 2012

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Additional Information
Market: TSX
Sector: General Mining - Rare Earth Minerals
EPIC: AVL
Latest Price: C$1.50  (-2.29% Descending)
52-week High: C$7.56
52-week Low: C$1.43
Market Cap: C$154.78M
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Avalon Rare Metals
www.avalonraremetals.com

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.

 

Full Avalon Rare Metals profile here
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Avalon Rare Metals added to S&P-TSX Global Mining and Base Metal Indices

21st Dec 2010, 10:43 am

Avalon Rare Metals (TSX:AVL, OTCQX:AVARF) said Monday that it has been included in two Standard & Poor indices - the S&P-TSX Global Mining Index and Base Metals Index.

"We are very pleased to be included in these respected S&P Indices. They provide Avalon with global recognition and bring credibility to our role in the mining sector, as we evolve from an exploration company to a developer, on our way to achieving our goal of becoming aprofitable producer of rare metals and minerals," said president and CEO Don Bubar.
 
The company's flagship project is the 100%-owned Nechalacho Deposit in Thor Lake, NWT. Rare earth elements are used  for green energy technology and other high-tech applications.

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