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Avalon Advanced Minerals has development plans for a Kenora-area lithium mine
The economics look good so far for Avalon Advanced Materials to begin mapping out their plans for an open-pit lithium mine and processing plant near Kenora. Company president Don Bubar is said to be “delighted” with the positive results coming from a preliminary economic assessment (PEA) of its Separation Rapids lithium project.
Micon International’s report said the minerals in the ground and the rechargeable battery markets look favourable enough for the company is press ahead with a more detailed feasibility study for an open-pit capable of a producing 950,000 tonnes a year with an annual yield of 14,600 tonnes of lithium hydroxide for a 10-year mine life.
The purpose of the PEA is to evaluate the potential mineral recoveries of a lithium product that might be suitable for the rechargeable battery market. Micon reports the company has positive economics and a technically viable process for a battery-grade lithium hydroxide product.
The measured and indicated mineral resources at Separation Rapids show a total of 8.0 million tonnes averaging 1.29 per cent lithium oxide and 38 per cent feldspar.
Feldspar is an industrial mineral used in glass and ceramic manufacturing, and as a filler and extender in making paints, plastics and rubber. Avalon’s development model also calls for a concentrator to be located on the company’s mining lease, 75 kilometres north of Kenora.
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