Avalon Rare Metals Inc. (TSX:AVL)(OTCQX:AVARF) is a mineral exploration and development company focused on the rare metal deposits in Canada. Its flagship project, the 100%-owned Nechalacho Deposit, Thor Lake, Northwest Territories, 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, 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 over 95% of the 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 presently owns five rare metals and minerals projects in Canada, four of which are at advanced stages of development. These are: Nechalacho, Thor Lake, Northwest Territories, a rare earth elements ("REE") project in the pre-feasibility stage, Separation Rapids (lithium) in Ontario, Warren Township in Ontario (calcium feldspar projects where bulk sampling programs are in progress), and East Kemptville, Nova Scotia, a tin-indium-gallium-germanium project where large inferred resources have been identified requiring further drilling to bring the project to the pre-feasibility stage.