Avalon Rare Metals Inc.
is a mineral exploration and development company focused on rare metal deposits in Canada. Its flagship project, the 100%-owned Nechalacho Deposit, Thor Lake, Northwest Territories, is emerging as one of the largest undeveloped rare earth elements resources in the world. Its exceptional enrichment in the more valuable heavy rare earths, 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 is committed to meeting its developmental milestones. Avalons strategy for growth is to develop its rare metals projects to production and cash flow, expand the markets for rare earth minerals, while also operating in an environmentally and socially responsible manner. Avalons performance on community engagement in the north earned it the 2010 PDAC Environmental and Social Responsibility Award. Wikipedia