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Reuters reported that Avalon Rare Metals’ (TSX:AVL) share prices fell after the company announced a delay to its Nechalacho feasibility study.
Reuters reported that Avalon Rare Metals’ (TSX:AVL) share prices fell after the company announced a delay to its Nechalacho feasibility study.
As quoted in the market news:
The delay will push back initial production at the rare earth mine to late 2016, the company said, sending the stock skidding more than 26 percent to C$1.58 on the Toronto Stock Exchange on Tuesday, its lowest point since July 2009.