Avalon Advanced Materials Inc. · TSX:AVL

Avalon Advanced Materials — Spire Events (October 2022)

17 slides from Avalon Advanced Materials's conference presentation, Oct 27, 2022

  1. Slide 1: Separation Rapids Lithium Project: After 25 years its time has finally come!

    Separation Rapids Lithium Project: Discovery outcrop after clearing for mapping in 1998 After 25 years its time has finally come! Spire Events October 27, 2022 TSX: AVL Don Bubar, President & CEO OTCQB: AVLNF

  2. Slide 2: Safe Harbour Statement

    2 Safe Harbour Statement Forward looking information This corporate presentation contains or incorporates by reference “forward looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, which may not b

  3. Slide 3: Avalon Advanced Materials: Corporate Info

    3 Avalon Advanced Materials: Corporate Info › Toronto-based, operating in Canada since 1995 › Listed: TSX (AVL), OTCQB (AVLNF), Frankfurt (OU5) › Market Cap: CAD$52m (402.5m S/O, 462m fully-diluted) with over 20,000 shareholders worldwide › Working Capital: CAD $2.2 million 2021 Sustainability Repor

  4. Slide 4: Critical Minerals for Clean Technology Project Pipeline

    4 Critical Minerals for Clean Technology Project Pipeline

  5. Slide 5: The Challenges Ahead

    5 The Challenges Ahead › Production of Critical Minerals is more like an advanced manufacturing business where it is about recognizing the market opportunity & designing an appropriate or innovative extraction process to make a product that will meet the needs of the end-users. › Mining Regulations

  6. Slide 6: Recent developments in Ontario relevant to Separation Rapids

    6 Recent developments in Ontario relevant to Separation Rapids › Ontario recently announced its first-ever Critical Minerals Strategy to support a made-in-Ontario electric vehicle supply chain: • Attracting EV and battery manufacturers to establish plants in Ontario which resulted in Stellantis and

  7. Slide 7: Separation Rapids Lithium: Avalon's Most Advanced Project

    7 Separation Rapids Lithium: Avalon’s Most Advanced Project A large LCT pegmatite enriched in the rare lithium mineral petalite 10 million tonne resource amenable to open pit mining, first discovered in 1996 › PFS initially completed in 1999 on model to produce petalite for glass-ceramics. New PEA m

  8. Slide 8: Separation Rapids is located close to transportation and power infrastructure

    8 Separation Rapids is located close to transportation and power infrastructure

  9. Slide 9: Lithium Minerals at Separation Rapids: a rare type of LCT pegmatite

    Clear Crystalline Petalite above; 9 Purple Lepidolite below Lithium Minerals at Separation Rapids: a rare type of LCT pegmatite › There are two main lithium ore minerals in the Separation Rapids LCT pegmatite: petalite & lepidolite › Petalite is the predominant lithium mineral, with lepidolite occur

  10. Slide 10: Separation Rapids Mineral Tenure and Regional targets

    10 Separation Glitter, Wolf and Rattler pegmatites Rapids New Snowbank Mineral Tenure pegmatite discovery and Regional targets Regional trend of lithium pegmatites, where exploration commenced in summer 2018 on new claims acquired in 2017 and several new lithium pegmatite targets identified All clai

  11. Slide 11: The Lithium Battery Materials Supply Chains Opportunity in Northwestern Ontario

    11 The Lithium Battery Materials Supply Chains Opportunity in Northwestern Ontario › NWO hosts lithium pegmatites of various sizes and mineralogy. To start production the next step is to establish the mid-stream processing capacity to process concentrates to produce the battery materials › Thunder B

  12. Slide 12: Avalon Lithium Inc: The Refinery Owner

    12 Avalon Lithium Inc: The Refinery Owner › On April 4, 2022 Avalon announced it had signed an LOI with the Mumbai, India based Essar Group to collaborate on establishing the lithium battery materials supply chain in NW Ontario but Essar has been slow to finalize an agreement. › Last month Avalon an

  13. Slide 13: Separation Rapids Lithium Project 2016 PEA Model Highlights ($CAD)

    13 Separation Rapids Lithium Project 2016 PEA Model Highlights ($CAD) ● Assumes open pit mining at 950,000 tpy with concentrator at site to recover petalite and Refinery in Kenora or Thunder Bay to make LiOH ● Minimum 10-15 year life lithium, 20 years for feldspars ● 14,600 tpy lithium hydroxide and

  14. Slide 14: Lithium is not just a battery material: also used in high strength glass-ceramic products

    14 Lithium is not just a battery material: also used in high strength glass-ceramic products › Lithium additions create thermal shock resistance in: Stovetops, Corningware® Cookware, Fireplace Shields › Now being used in many new high strength glass products, such as Corning’s Gorilla Glass (display

  15. Slide 15: Separation Rapids Next Steps: Moving towards production of petalite concentrates

    15 Separation Rapids Next Steps: Moving towards production of petalite concentrates › 2020-21 work: Continued process optimization work and secured permit to recover 5,000 tonne bulk sample which was collected in March, 2021 › 2022: Site preparation work in progress to prepare access road for heavy

  16. Slide 16: Experienced Management Team and Diversified Board of Directors

    16 Experienced Management Team and Diversified Board of Directors BOARD of DIRECTORS MANAGEMENT › Alan Ferry, CFA › Donald S. Bubar, M.Sc., P.Geo. Chair and Audit Committee Chair President & CEO › Donald S. Bubar, P.Geo. CEO › Jim Andersen, CA, CPA V.P. Finance, CFO & Corporate Secretary › John Fish

  17. Slide 17: Contact us

    www.AvalonAdvancedMaterials.com TSX: AVL OTCQB: AVLNF Contact us: 1901-130 Adelaide St. W. Toronto, Ontario, Canada M5H 3P5 +1 (416) 364-4938 ir@AvalonAM.com Thor Lake, NWT

Avalon Advanced Materials — Spire Events (October 2022) on 6ix