Avalon signs MOU with Metso for Thunder Bay lithium processing project

THUNDER BAY — The company that hopes to develop a lithium processing facility in Thunder Bay has taken another step toward achieving that goal.

The non-binding agreement will see the parties work to establish terms to develop a lithium hydroxide production facility to process mineral concentrates that are used in electric vehicle batteries. On Monday, the company said a partnership with Metso would allow it to deploy world-leading technology to create Ontario's first lithium processing site and help ensure that Canada's electric vehicle battery manufacturing base has a stable and reliable supply.

A press released described Metso as a leader in providing sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries.

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