Avalon Next in Line for Rare Earth Production

April 17 2012 — Tracy Weslosky, CEO of Pro-Edge Consultants Inc. (www.pro-edge.com) interviews Don Bubar, President and CEO of Avalon Rare Metals Inc. (NYSE AMEX: AVL | TSX: AVL) (www.avalonraremetals.com) about their recently announced pre-feasibility study outlining plans for a rare earth separation facility. He says, “There is no such facility outside of China of any real size or of the size we would need to process the heavy rare earths.” Avalon has set an aggressive timeline to begin processing ore and separating heavy rare earth elements (HREEs) by the end of 2015 and to have product for sale by 2016. After Molycorp Inc. (NYSE: MCP) and Lynas Corporation Ltd. (ASX: LYC), Don says, “If we stick to our timelines we should be the next line to come into production with a new supply outside of China.” Don also talks about logistical advantages of being located in the Gulf Coast, achieving benchmarks and project financing with committed offtakers.

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