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AVALON RARE METALS INC.
Corporate Profile

Avalon Rare Metals Inc. (AVL: TSX) is a Canadian junior mineral exploration and development company with a primary focus on the rare metals and minerals that are in increasing demand for environmentally-beneficial high technology applications. These include lithium, tantalum, cesium, indium, gallium, rare earth elements ("REE") such as neodymium, dysprosium and terbium and rare minerals such as calcium feldspar.

Avalon presently owns five rare metals and minerals projects in Canada, four of which are at an advanced stage of development. These are the Separation Rapids lithium minerals project, the Warren Township calcium feldspar project where bulk sampling programs are in progress, and the Thor Lake REE and the East Kemptville tin-indium-gallium-germanium projects, where large inferred resources have been identified requiring further drilling to bring the projects to the pre-feasibility stage.

Avalon has now clearly positioned itself in the marketplace as a unique junior resource company offering investors exposure to a broad range of rare metals and minerals that are now vital to a growing number of applications in electronics, automotive, aerospace, alternative energy and environmental protection. Specific examples include the strong demand for the REE´s terbium and europium because of their critical role in producing the colours in a flat panel display technology, indium and gallium in new solar energy panel technology and the REE´s neodymium, dysprosium and praseodymium used to make the super magnets that are critical to the technology behind the rapidly growing hybrid and electric car markets.

Demand for rare earth elements is soaring along with consumer demand for more fuel-efficient cars. A typical hybrid car contains over 30kg of rare earth elements and new sources of supply will be needed to meet the growing global demand, which currently is supplied almost entirely by China. At Thor Lake, Avalon owns one of the highest quality undeveloped REE deposits in the world, unique in its exceptional enrichment in the more valuable "heavy rare earths" such as europium, dysprosium and terbium .

Avalon´s strategy for growth is to develop its rare metals and minerals projects to production and cash flow, expand the markets for these materials and acquire additional compatible rare metals assets. Now well-financed with over $7 million in cash resources and a growing audience amongst institutional investors, Avalon is well-positioned to advance its priority projects and build substantial shareholder value as development milestones are achieved.

http://www.avalonventures.com/corporate/
 
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Autor (Datum des Eintrages): tradepunk  (02.06.09 17:54:20)
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