TORONTO, Aug. 10, 2023 /CNW/ - Consistent with its dual-market strategy to supply both the global glass-ceramics market and North American EV battery manufacturing, Avalon Advanced Materials Inc. (TSX: AVL) and (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce an updated Mineral Resource Estimate ("MRE") for the Avalon-Sibelco joint venture lithium deposit at Separation Rapids. This updated MRE, compliant with NI 43-101, reports 10.08 million tonnes (Mt) averaging 1.35% of Measured and Indicated Lithium Oxide ("Li2O"), a 20% increase compared to previous results.
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