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Avalon Advanced Materials: Lithium in the spotlight at PDAC 2016
Avalon Advanced Materials Inc. (TSX:AVL,OTCQX:AVLNF) (formerly Avalon Rare Metals Inc.) provided an industry bulletin highlighting lithium at PDAC 2016.
Avalon Advanced Materials Inc. (TSX:AVL,OTCQX:AVLNF) (formerly Avalon Rare Metals Inc.) provided an industry bulletin highlighting lithium at PDAC 2016.
As quoted from the report:
At the 2016 Prospectors and Developers Association of Canada (“PDAC”) Convention, Trade Show and Investors Exchange in Toronto, Ontario, lithium shared the spotlight with gold as the commodities attracting the most interest from investors. In fact, a Tesla Motors Model S electric car powered by a lithium ion battery was on display in the Investors Exchange, reminding investors that electronic vehicles are creating much of the new demand for lithium.
The technical sessionentitled Speciality Minerals and Metals for Energy Storage, co-chaired by Avalon President & CEO, Don Bubar, attracted a standing-room-only crowd for two excellent overview presentations on the lithium ion battery supply chain by Simon Moores of Benchmark Minerals Intelligence and Jon Hykawy, President of Stormcrow Capital.
Highlights from Hykawy’s presentation can be found on Investing News network at https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/lithium-prices-jon-hykawy-stormcrow. Also presenting on lithium during the session were representatives of Nemaska Lithium Inc. and Western Lithium USA Corp. All presentations will be available for download on the PDAC website in next few weeks at https://www.pdac.ca/convention/programming/technical-program/sessions/technical-program/specialty-minerals-and-metals-for-energy-storage.
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