Avalon Receives PDAC’s 2010 Award

Avalon Rare Metals Inc.(TSX:AVL)(OTCQX:AVARF) reported that at this year’s annual convention of the Prospectors and Developers Association of Canada (“PDAC”), it has received the 2010 Environmental & Social Responsibility Award in recognition of the Company’s community engagement efforts during the exploration of its Nechalacho rare earth elements deposit, Thor Lake, NWT.

The press release is quoted as saying:

Avalon Rare Metals Inc. 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.

Click here to access the entire press release

Click here to access Avalon Rare Metals Corporate Site

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