Zeeshan Syed claims Avalon Advanced Materials is out to create a “catalytic event” in selecting a site in Thunder Bay to place Ontario’s first proposed lithium processing refinery.
After years of much talk and little action, the Toronto-based junior miner took a great leap forward in June with the announcement that a former forest products mill site in the city’s north end is the spot for a lithium hydroxide conversion plant.
Avalon also introduced a joint venture partnership with Antwerp-headquartered Sibelco, a deal that brings $63-million to the table to bring Separation Rapids, its Kenora-area lithium deposit, into production by late 2025, early 2026.
Refinery production in Thunder Bay looks to start in the fourth quarter of 2027, following a two-year run-up of engineering, procurement, construction and commissioning.
It offers the promise of a combined 500 jobs in Kenora and Thunder Bay.
Now the company is looking to land a second development partner to help make the Thunder Bay lithium plant a reality. Discussions are ongoing.