..advancing green technology
June 15, 2010
INDUSTRY
BULLETIN: Rare Earth Minerals' Scarcity
Worrisome for Growing Tech Sector TV Broadcast on PBS NewsHour
In
this Industry Bulletin, we bring to your attention a recent broadcast of a news
segment about the Rare Earth Elements ("REE") on PBS NewsHour, originally aired on June 14, 2010. On this
informative broadcast, correspondent Kira Kay reports
on all the key supply / demand issues around the REE and includes film footage
from a visit to Avalon's Thor Lake project site last winter.
During
the 10 minute broadcast, Kira Kay interviews Chris
Pedersen, Senior Geologist, and David Swisher, VP
Operations, of Avalon Rare Metals Inc., Jack Lifton, Director, Technology Metals Research, LLC as well as Zhang Anwen, Deputy Secretary-General, Inner Mongolia Rare Earths
Guild, China and officials from Molycorp Minerals in
the United States.
Click
here to watch to the broadcast: http://www.pbs.org/newshour/bb/business/jan-june10/metals_06-14.html#.
About
PBS NewsHour: For 30 years, millions of Americans and
citizens of the world have turned to MacNeil/Lehrer
Productions for the solid, reliable reporting that has made the PBS NewsHour one of the most trusted news programs in
television.
If you have any
comments or questions on this article or the rare earths generally, please do
not hesitate to contact the company directly at ir@avalonraremetals.com. Follow us on Twitter at http://twitter.com/avalonraremetal, join our FaceBook page at http://www.facebook.com/pages/Avalon-Rare-Metals-Inc/224623996080?ref=ts or subscribe to our YouTube video feeds at http://www.youtube.com/user/AvalonRareMetals.
ABOUT AVALON RARE METALS INC.
Avalon Rare Metals Inc. (TSX:AVL) (OTCQX:AVARF) is a mineral exploration
and development company focused on rare metals deposits in Canada. Its flagship
project, the 100%-owned Nechalacho Deposit, Thor
Lake, NWT, is emerging as one of the largest
undeveloped rare earth elements resources in the world. Its exceptional
enrichment in the more valuable 'heavy' rare earth elements, which are key to
enabling advances in green energy technology and other growing high-tech
applications, is one of the few potential sources of these critical elements
outside of China, currently the source of 95% of world supply. Avalon is well
funded, has no debt and its work programs are progressing steadily. Social
responsibility and environmental stewardship are corporate cornerstones.
Avalon's performance on community engagement in the north earned it the 2010
PDAC Environmental and Social Responsibility Award.