Consistent with its strategy to become a North American vertically integrated lithium producer, Avalon Advanced Materials has signed a memorandum of understanding to create a strategic partnership with processing technology group Metso. The agreement, signed at Canada House in London, will see the parties seek to establish terms to develop a lithium hydroxide production facility to process lithium mineral concentrates that are essential for the North American electric vehicle (EV) battery value chain.
Consistent with its strategy to become a North American vertically integrated lithium producer, Avalon Advanced Materials has signed a memorandum of understanding to create a strategic partnership with processing technology group Metso.
Avalon intends to deploy Metso's technology to construct and operationalise a full-service lithium processing facility at the recently acquired Thunder Bay, Ontario industrial site. "Metso's platform and technological solutions perfectly complement Avalon's vision to complete an integrated lithium value chain in Ontario, predicated on innovative process solutions," said Avalon president "We view Metso as an integral part of this rapidly growing sector, and a foundational partner in developing internationally best-in-class processing capabilities that are environmentally sustainable, allowing Avalon to meet the soaring demand for battery-grade lithium.
France Dernières Nouvelles, France Actualités
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