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Avalon Rare Metals Inc.

 

April 14, 2010

 

INDUSTRY BULLETIN: Avalon Actively Participates in Rare Earth Summit and Atlantic Council of Canada Spring Conferences

 

Atlantic Council of Canada (ACC) - Toronto, Ontario

 

This year's ACC Spring Conference, under the banner Minimizing Conflict in the Race for Natural Resources: Securing Economic Security in the 21st Century attracted some 80 delegates from across Canada and included senior Canadian government and NATO-based advisory staff and policy makers, strategy think tank analysts, and academics. The ACC has recognized that Energy security and resource conflict have become important issues amid concern about the impact of energy prices and regional supply shortfalls on international security and global economic security.

 

Avalon, represented by Ian London, who serves as Avalon's market development & energy advisor, was invited to address the subject "Rare Earths and Future Metals: What are they and why are they important?" The presentation included an overview of how rare earths are enabling improved effectiveness and productivity in renewable energy and energy conservation technologies, communications and medicine. It also covered the fundamentals of supply and demand for REEs and the need to ensure North American and European economic development within a framework of corporate social responsibility and sustainability. During his presentation and the extensive discussion that followed, Mr. London also elaborated on several key raw material supply realities including:

�         That despite optimistic projections from project proponents, bringing new resources into production faces long development timelines and significant technical challenges before they can be realistically considered as potential new supply sources. Furthermore, the delegates were reminded that most new rare earth developments were predominately light rare earth deposits, respecting the needs of high performance magnets and phosphors are primarily reliant on heavy rare earths such as europium, terbium, dysprosium and yttrium;

 

�         How industry and new government policy initiatives or incentives are being considered to ensure that a reliable long-term domestic supply of critical raw materials, such as the heavy rare earths, are developed and maintained;

 

�         How Canada's mineral endowment includes world class resources of rare earth elements and other rare metals such as Nechalacho, and that primary rare earth production can be leveraged to attract value-added business development here, as it has in China; and

 

�         That there is a role for government and policy makers in:

o    Ensuring an effective and efficient regulatory framework is in place,

o    Supporting northern infrastructure development and First Nations capacity building, and

o    Encouraging R&D and education in Material Sciences, Technology and CleanTech manufacturing. 

Rare Metals Summit - Los Angeles, CA
 
The Rare Metals Summit (April 7 - 9), hosted about 70 people involved in many aspects of the rare metals business from individual investors, to supply chain managers from end-users in the electronics and automotive industries, concerned government agencies, NGO's, and financial analysts.

 

Topics were diverse, ranging from presentations by individuals from the mineral exploration sector front end to recyclers of rare metals at the back end of the supply chain.  Perspectives on security of supply issues centered on the U.S., Japan, Europe, southeast Asian countries and those of the Original Equipment Manufacturers such as Microsoft, Dell, GE, and GM.

 

Avalon's expert geological consultant on rare metals, Dr. David Trueman, gave two presentations at the Summit.  The first covered mining to markets for the rare metals niobium and tantalum and the second covered the many electronic aerospace applications of the 'fly by wire' rare metals.

 

"It was interesting to see a growing knowledge of the uses of the rare metals in renewable energy applications and the need for sustainable development of them, which was not evident only a year ago.  In addition to the growing recognition of the importance of rare earth magnets in advanced wind turbine technology, it was also interesting to see new recognition of the solar industry needs for indium, gallium, germanium, the "CIGS" metals." said Dr. Trueman.

 

At both conferences, Avalon emphasized that with its Nechalacho Rare Earth Elements deposit at Thor Lake, NWT, being the only known North American REE deposit containing economically significant quantities of the heavy rare earths, it is in a unique position to play a key role in developing a North American solution to the emerging U.S. REE supply chain "capability gap".

 

If you have any comments or questions on this article or the rare earths generally, please do not hesitate to post them on www.raremetalblog.com or feel free to contact the company directly at ir@avalonraremetals.com.  
 
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.

 

 

 

 

 

Avalon Rare Metals Inc. | 130 Adelaide St W | Unit 1901 | Toronto | Ontario | M5H 3P5 | Canada

Avalon Rare Metals Inc.

EXPLORATION STAGE
CODE : AVL.TO
ISIN : CA0534701002
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Annual reports of Avalon Rare Metals Inc.
Annual Report 2007
Financings of Avalon Rare Metals Inc.
8/3/2011Announces Closing of Public Offering of Common Shares and Pa...
7/27/2011Prices US$ 43,665,000 Public Offering
7/26/2011Announces Proposed Public Offering of Common Shares
4/25/2011Files Preliminary Base Shelf Prospectus and US Registration ...
10/5/2010Receives Additional $9.6 Million Dollars in Financing from E...
9/30/2010Announces Closing of $30,030,000 Offering
12/15/2008Closing of $1.5 Million Private Placement
11/27/2008Announces $1.5 Million Flow-Through Financing
12/7/2006Arranges Private Placement of 1,500,000 Flow-through Units
Option Grants of Avalon Rare Metals Inc.
11/27/2007Announces New Board Appointment and Grants of Incentive Stoc...
8/24/2007Announces New Appointments and Grants of Incentive Stock Opt...
Nominations of Avalon Rare Metals Inc.
3/26/2012Announces New Senior Management and Updates on Nechalacho
11/23/2011Appoints Vice-President, Sustainability
6/7/2011Announces New Senior Executive Appointments
1/8/2007Announces new Executive Appointments and Head Office Move
Project news of Avalon Rare Metals Inc.
8/15/2013(Nechalacho)NR: Avalon Reports on Summer Work Program at the Nechalacho ...
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7/29/2013(Nechalacho)Receives Positive Report of Environmental Assessment for the...
3/26/2013AVL IB: Testimony to US House Natural Resources Committee
1/29/2013(Nechalacho)Nechalacho Project Feasibility Study on Track for Completion...
7/10/2012Announces Initial Definition of Measured Mineral Resources
5/7/2012(Nechalacho)Provides Nechalacho Project Update
4/12/2012Announces Separation Plant PFS, Land Option Agmt and FS Budg...
3/26/2012(Nechalacho)Announces New Senior Management and Updates on Nechalacho
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7/8/2011(Nechalacho)updated Prefeasibility Study Confirms Significantly Improved...
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1/15/2010(Thor Lake)Announces Updated Resource Estimate for Nechalacho Rare Eart...
11/20/2009(Thor Lake)Updates Progress on Prefeasibility Study, Nechalacho Rare Ea...
12/24/2008(Thor Lake)Summer drilling program produces best results
10/21/2008(Thor Lake)Progress report on drilling results
6/25/2008(Thor Lake)Further encouraging Rare Earth Element Assays
4/23/2008(Thor Lake)Provides Update on Thor Lake Drilling Program
1/31/2008(Thor Lake)Remaining REE assays from Thor Lake Phase
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12/6/2013Releases Second Sustainability ReportCc:
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11/28/2013Announces Share Purchase Agreement with Lincoln Park Capital...
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11/7/2013Formation of Canadian Rare Earth Elements Network announced ...
11/6/2013COM 2013 REE Symposium Demonstrates Canada's Emerging Leader...
11/5/2013(Nechalacho)Receives Federal Government Approval for Nechalacho Project ...
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9/12/2013Files Final Base Shelf Prospectus and US Registration Statem...
9/11/2013Releases CEO Corporate Video Update
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11/26/2012(Nechalacho)Reports Increased Measured Resources for the Nechalacho Rare...
11/5/2012(Nechalacho)Reports on Successful Pilot Plant Campaigns for the Nechalac...
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10/24/2012(Nechalacho)Appoints HCF as Financial Advisor for Nechalacho
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7/3/2012(Thor Lake)Buys Out Thor Lake NSR Royalty
6/7/2012AVL and DKFN Enter into Accommodation Agreement
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9/15/2010Announces Filing of Short Form Preliminary Prospectus
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5/26/2008 is Featured "In-Depth" by B-TV
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2/27/2008to Begin Trading on the Toronto Stock Exchange
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1/14/2008Announces Annual General Meeting
10/24/2007Announces $15 Million Equity Financing
9/27/2007Industry Bulletin
9/4/2007Media Bulletin - September 4, 2007
7/16/2007Drilling Set to Commence on Thor Lake Rare Earth Elements Ta...
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