Avalon Ventures

Avalon Rare Metals Inc. is a mineral development company focused on rare metal deposits in Canada. Its flagship project, the 100%-owned Nechalacho Deposit at Thor Lake, Northwest Territories, is exceptional in its large size and enrichment in the scarce ‚heavy‘ rare earth elements, key to enabling advances in clean technology and other growing high-tech applications. With a positive feasibility study and positive Environmental Assessment approved, Nechalacho is now the most advanced potential large new source of heavy rare earths in the world outside of China, currently the source of most of the world’s supply. Demand for HREE is currently growing rapidly because of their critical application in high strength permanent magnets which are vital to hybrid car technology and many popular consumer electronic products.
Avalon’s principal assets are its 100% owned Nechalacho Project, Separation Rapids, East Kemptville, Nova Scotia, Miramichi, Lilypad Lakes, Warren Township and Spor Mountain.
Avalon is listed on the Toronto Stock Exchange and the New York Stock Exchange MKT under the symbol „AVL.“ It is also listed on the Frankfort Stock Exchange under the symbol OU5.

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