Avalon Advanced Materials (AVL) has announced plans for a lithium refinery in Thunder Bay, aiming for a late 2028 start. On September 3, the company unveiled a preliminary economic assessment (PEA) detailing its vision for a lithium hydroxide processing facility, set to produce 30,000 tonnes annually for electric vehicle batteries.

Avalon’s Lithium Refinery Overview

Avalon’s $4.1-billion plant will focus on transforming spodumene concentrate into lithium hydroxide monohydrate. The build cost is projected at $1.3 billion. Avalon is in talks with Canadian and U.S. governments and financial groups to secure funding.

Project Timeline and Support

Production is expected to begin in late 2028, with reliance on Ontario government support to expedite permitting. The plant will serve as a regional hub, processing material from Avalon’s proposed mine at Separation Rapids and other potential sources.

Innovative Process and Feasibility

Avalon’s collaboration with Metso Corp. ensures environmentally friendly processing. The ongoing test phase supports moving ahead with a feasibility study, prepared to confirm the project’s economic validity.

Strategic Location and Logistics

The facility is located on the former Smurfit-Stone site at Strathcona Avenue, Thunder Bay, with 374 acres offering highway, rail, and port access. Rail transport will move raw material in and finished products out, directed to battery manufacturers.

Next Steps

Avalon plans to initiate environmental studies, geotechnical work, plant design efforts, secure customer agreements, and engage with indigenous and local communities, alongside government discussions.

Disclaimer:
The content presented on this page has not been manually verified by our team. While we strive to ensure accuracy, we cannot guarantee the validity, completeness, or timeliness of the information provided. Always consult with appropriate professionals or sources before making any decisions based on this content.

Click here for more Company News