After finalizing a $63-million investment from SCR-Sibelco NV, acquiring a site in Thunder Bay for an electric vehicle battery materials facility and partnering for cleaner mining, Avalon Advanced Materials Inc. set the foundation for its future in 2023.
Avalon Advanced Materials Inc. has taken two major steps toward its goal of vertically integrating North America’s lithium supply chain, including a $63 million investment from SCR-Sibelco NV and acquiring a Thunder Bay industrial site.
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