Information Bulletin: Avalon Featured in Today's Globe & Mail Report on Business: Rare metals bring rare opportunities to mining
March 24, 2010
Today's Globe & Mail Report on Business contains an interesting article about Avalon and its Nechalacho rare earth elements project entitled "Rare metals bring rare opportunities to mining."
In addition to quoting Don Bubar, Avalon's President & CEO, the article also provided some comments about the rare earth business from John Hykawy, a research analyst with Byron Capital Markets.
Mr. Hykawy stated that, "It is those producers who have a combination of light and heavy earth elements who have the potential to reap big profits in the years to come. Most investors realize that the heavy rare earth elements command the higher price because they are rarer. Avalon has one of the highest levels of heavies located outside China."
Link to access the entire article:
The Globe & Mail also ran two other rare earth elements articles yesterday:
- The rush to mine rare earth elements
- A primer on rare earth elements
If you have any comments or questions on this article or the rare earths generally, please do not hesitate to post them on www.raremetalblog.com or feel free to contact the company directly at firstname.lastname@example.org.
About Avalon Rare Metals Inc.
Avalon Rare Metals Inc. (TSX:AVL) (OTCQX:AVARF) 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.