Avalon Advanced Materials Inc. announced the successful acquisition of an industrial site in Thunder Bay, Ontario (965 Strathcona Avenue) which has existing road, rail, deep-water port, and utilities services for its planned midstream lithium-hydroxide (LiOH) processing facility. The planned facility will ensure the long-term security of domestic lithium processing capacity required for North America's electric vehicle (EV) and battery supply chain—a core objective of both the Ontario and Canadian governments. With the finalization of this site purchase, Avalon's focus moves to build upon its relations with First Nations partners, the local community and government.

Deepening this collaboration is key to ensuring members of the regional ecosystem all benefit from the project and prioritize environmental stewardship. First Nations communities are valued partners, and the Company looks forward to an ongoing dialogue of mutual respect and seeking innovative partnerships in the new green economy.