Avalon Expands Partnership Agreement with Metso of Finland for its Lithium Processing Facility and New Technology & Innovation Centre in Ontario
TORONTO, Oct. 19, 2023 /PRNewswire/ – Consistent with its strategic objective to build Ontario’s first vertically integrated lithium supply chain serving the North American EV battery market, Avalon Advanced Materials Inc. (TSX:AVL) (OTCQB: AVLNF) (“Avalon” or the “Company”) has entered into an expanded partnership agreement with Metso Corporation (“Metso”) to advance the construction of a full-service lithium processing facility in Thunder Bay, Ontario. The parties have also agreed to co-develop a Technology & Innovation Centre to be located on-site in Thunder Bay, accelerating an Industrial Park concept that will co-locate key supply chain partners.
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