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Avalon Announces Results of Positive Preliminary Economic Assessment for its Separation Rapids Lithium Project

October 3, 2016 - releases
Avalon Announces Results of Positive Preliminary Economic Assessment for its Separation Rapids Lithium Project

Avalon Advanced Materials Inc. (T.AVL)) is pleased to announce the completion of a positive Preliminary Economic Assessment for its 100% owned Separation Rapids Lithium Project, Kenora, Ontario. The PEA was prepared under the oversight of Micon International Limited.

The Separation Rapids Lithium Deposit was originally evaluated by Avalon in 1997-2000 as a potential producer of lithium minerals for glass-ceramics under a pre-feasibility study (which was also prepared by Micon). The purpose of this 2016 PEA was to investigate the potential for recovery of a lithium product suitable for the battery market from the same lithium resource, and the results confirm a technically viable process and positive economics for the recovery of a battery-grade lithium hydroxide product.read more

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