Tag Archives: Canada

Raglan Mine extends operations for another two decades with Anuri

Raglan Mine, part of Glencore, has officially inaugurated the Anuri Mine, from its Sivumut mining project, which has been under development for over 10 years.

This event marks an important milestone in the pursuit of its mining operations in Nunavik and highlights its ongoing commitment to the local communities that welcome its operations, it said.

Anuri is one of the largest mining investments in Quebec, Canada, in the last decade. It is anticipated that it will lengthen Raglan Mine’s life of operations for at least 20 years.

Pierre Barette, Vice President of Raglan Mine, said: “We expect that our mining activities, initially forecast to last 25 years, will be significantly extended thanks to the Anuri mine. This is a huge success for our 1,400 employees, our Inuit partners and our business partners.”

More than 60 Raglan Mine employees helped find a name for the new mine. The final choice, Anuri, was selected by the members of the Raglan Committee and means ‘wind’ in Inuktitut. It reflects the change, vigour and evolution that this new phase represents for Raglan Mine and its Inuit partners, Raglan said.

Jean-François Verret, Director – Projects, Geology and Exploration, noted: “This project was a challenge on every level, particularly given the pandemic, the Arctic climate and numerous logistical challenges. Nevertheless, we completed the Sivumut project ahead of schedule, under budget and with everyone’s safety at the heart of every step. We achieved this through outstanding collaboration within our team and with our partners.”

The Sivumut project is the outcome of a collaborative and continuous improvement approach, enriched by the participatory process undertaken with Inuit communities as part of the Environmental and Social Impact Assessment, in compliance with Quebec’s Environment Quality Act and Section 23 of the James Bay and Northern Quebec Agreement.

As a result of these consultations, the Raglan Agreement with the Inuit of Salluit, Kangiqsujuaq and all of Nunavik was improved, particularly regarding land use, employment, training and the participation of Inuit businesses.

Signed in 1995 and enhanced in 2017, the Raglan Agreement continues to guide the day-to-day operations, ensuring that commitments made to the Inuit communities of Salluit and Kangiqsujuaq, as well as to Makivvik Corporation, are respected.

Raglan Mine, involved in nickel mining since 1997, considers the Anuri mine a key step towards the pursuit of its activities in partnership with Inuit communities. Glencore thus continues its efforts to minimise its environmental footprint and maximize local benefits.

Raglan Mine is part of Glencore, one of the world’s largest diversified natural resource companies. It operates on the northern edge of Quebec, in Nunavik. Its property extends to almost 70 km from east to west, and consists of a series of high-grade deposits, mainly nickel and copper.

Dingo predictive maintenance solution cuts equipment downtime at Eldorado Lamaque

Dingo Software is helping Eldorado Gold’s Lamaque mine in Quebec, Canada, optimise maintenance and reliability practices through leveraging the company’s predictive and condition-based maintenance solutions.

The Lamaque mine faced the dual challenge of controlling capital costs and lowering all-in sustaining costs while also navigating the complexities of the global supply chain. With a current life of mine of 10 years, the mine sought to address some of these persistent challenges.

Lamaque decided to first focus on limited access to personnel with reliability skillsets, underutilisation of some of the existing digital platforms and its exposure to the global parts shortage. The team sought solutions to help control and reduce costs, extend the lifespan of major asset components and build world-class reliability expertise, Dingo says.

The site team, in collaboration with Dingo, identified opportunities to enhance equipment maintenance and reliability key performance indicators (KPIs). The chosen strategy aimed to reduce unplanned breakdowns, extend component life cycles, increase equipment availability and mitigate the impact of the global parts shortage.

Martin Pichette, Mine Operations and Maintenance Director at Lamaque Mine, said: “Partnering with Dingo allows us to leverage remotely-located condition intelligence experts from the get-go for a fraction of the normal cost to the company. This allows our few reliability experts to focus on the top issues and make important decisions to ensure our fleet availability is where it needs to be instead of having them analysing data and looking for the issues.”

Dingo also helped Lamaque acquire new sources of business intelligence with a fully documented and centralised asset health database plus integration with the ERP/CMMS, ensuring a complete maintenance and reliability context is available to support all maintenance decisions, it said.

Phase 1 of the Dingo solution involved consolidating oil sample data into a single platform for the first time at the mine. Within a short timeframe after the go-live, critical issues were identified and shared with the site team.

In the first week after go-live, the Dingo Condition Intelligence team observed a 2% fuel dilution, decreased viscosity, increased wear metal values and combustion by-products on a Caterpillar AD30 underground truck with a C15 engine with only 1,391 operating hours.

In response, the Dingo team assigned a ‘Priority 1’ action, providing work-stop level recommendations and provided site with a troubleshooting guide from their library, including recommendations to check the fuel injectors.

Not long after, the local OEM (Toromont) supporting Lamaque identified five defective fuel injectors that required urgent replacement. However, due to the ongoing global parts shortage, the mine was left with no alternative but to perform an engine oil drain on a weekly basis until the necessary parts could be procured. Once available, the injectors were replaced under warranty. This preemptive action not only prevented potential engine failure on the Cat AD30 but also restored up to 90% of the engine’s at-risk lifespan, according to Dingo.

While this proactive intervention circumvented much larger production losses had the engine been lost, it also highlights the significant risk unplanned breakdowns can have on Mean Time in Repair and associated production losses.

Dingo said: “The joint effort between the Lamaque personnel, CAT Toromont and Dingo Condition Intelligence specialists not only averted a catastrophic breakdown but also showcased the effectiveness and rapid results achievable through Dingo’s predictive maintenance solutions. The successful identification and repair of the AD30 injectors resulted in significant cost savings for everyone. In a nutshell, such a breakdown, if it had not been prevented by the team, would have generated production losses of about $65,000 per day due to equipment downtime and significant corrective maintenance cost to the OEM under warranty.

“Beyond financial value capture, this case also aligns with Eldorado Gold’s vision of ‘breaking new ground’ by implementing innovative solutions and enhancing maintenance processes, thereby ensuring the continuous growth of their high-quality business.”

After the AD30 engine save, the Lamaque maintenance team have continued to leverage Dingo to save equipment. For example: three leaking fuel injectors were found on a 45 t haul truck and a transmission was saved on a 15 t LHD; two key prime movers that would have impeded the operation from monthly production targets. Overall, working together, Dingo and Lamaque have now secured three significant equipment ‘saves’ within the first four-month period, Dingo says.

Building on these early successes, Lamaque and Dingo plan to continue to extend the project to the entire fleet, according to Dingo. Next steps will include interfacing with the mine CMMS and leveraging Dingo’s global benchmark tool to help select best practices from similar mines worldwide and to help the mine evolve towards increasingly condition-based maintenance decision making.

Dingo concluded: “This success story exemplifies how proactive maintenance strategies, coupled with innovative partnerships, can not only address immediate challenges but also pave the way for a more efficient future in the mining industry.”

SMS Equipment brings Komatsu PC8000-11 mining shovel to Hudbay Copper Mountain mine

A new Komatsu PC8000-11 surface mining excavator has arrived at Hudbay Minerals’ Copper Mountain mine in Princeton, British Columbia, Canada, as part of the company’s plans to reduce emissions and up productivity at the operation.

Officials from SMS Equipment, Komatsu Germany and Hudbay Minerals Inc gathered at the mine recently to celebrate the arrival of the machine, which, at 9.7-m tall, 10-m-wide and weighing nearly 800 t, is the largest surface mining excavator on the market, according to Komatsu. The PC8000-11 operates solely on electricity, contributing to the operation’s emissions-reduction strategy.

“Embracing a sustainable future through electrification is an important step in our collective journey to decarbonisation,” Dennis Chmielewski, Executive Vice President, Mining at SMS Equipment, says. “We are a proud equipment, service and technology solutions partner to Hudbay and a long-time supporter of the Copper Mountain mine trolley-assist project. The addition of a large-capacity excavator to the mine’s electric infrastructure marks exciting progress on its path to net-zero.”

The Copper Mountain mine is one of the only open-pit mines in North America to operate an electric trolley-assist haulage system. The 1-km haul ramp and seven pantograph-equipped electric haul trucks that comprise the project were commissioned in the spring of 2022, in partnership with SMS Equipment, Komatsu, ABB, Clean BC and B.C. Hydro. The latest PC8000 joins two other electric excavators operating at the site that complement the mine’s overall electric fleet.

Walt Halipchuk, Director of Sustainability and Assets, Hudbay, said: “Electric equipment and infrastructure significantly reduce our reliance on diesel, the largest source of GHG emissions at the mine. With the help of this technology, we are on track to reduce our emissions in 2024 by 6,000 t of CO2e.

“The journey to net-zero is not one we can navigate alone. With the help of value-added partners like SMS Equipment and Komatsu, we can explore our challenges and find sustainable solutions without sacrificing productivity, efficiency or profitability.”

The Komatsu shovel was made in Germany and assembled at Copper Mountain mine earlier this year. Komatsu officials, including the President and Managing Director of Komatsu Germany GmbH, were on-site for a handover ceremony and reception for Hudbay employees and SMS Equipment representatives.

Elkview

Teck to exit steelmaking coal business with Glencore, Nippon Steel deals

Teck Resources has agreed to sell its entire interest in its steelmaking coal business, Elk Valley Resources (EVR), through a sale of a majority stake to Glencore for an implied enterprise value of $9.0 billion, and a sale of a minority stake to Nippon Steel Corporation (NSC).

The sale of Teck’s steelmaking coal business at the implied enterprise value of $9 billion on a 100% basis achieves a simple and complete separation of steelmaking coal from base metals.

Glencore has agreed to acquire 77% of EVR for $6.9 billion in cash, payable to Teck at closing of the Glencore transaction, subject to customary closing adjustments.

NSC has agreed to acquire a 20% interest in EVR in exchange for its current 2.5% interest in Elkview Operations plus $1.3 billion in cash payable to Teck at closing of the NSC transaction and $400 million paid out of cash flows from EVR. NSC will also enter into a long-term steelmaking coal offtake rights arrangement at market terms, continuing NSC’s long-standing commercial arrangement for the purchase of steelmaking coal from the Elk Valley.

POSCO has advised Teck it intends to exchange its current 2.5% interest in Elkview Operations and its 20% interest in the Greenhills joint venture, for a 3% interest in EVR. At closing of the Glencore transaction, Glencore will acquire from Teck any remaining receivable payable to Teck by EVR.

Teck will continue to operate the steelmaking coal business and will retain all cash flows from EVR until closing of the Glencore transaction, estimated to be $1 billion. Following the closing of that transaction, Teck will have no further financial interest in EVR.

Key historical information on EVR, as reported by Teck, is outlined below:

  • Production of steelmaking coal of 21.5 Mt in 2022 and 17.3 Mt year to date to September 30, 2023;
  • EBITDA of C$7.4 billion ($5.4 billion) in 2022 and C$3.7 billion year to date to September 30, 2023;
  • Profit before tax of C$6 billion in 2022 and C$3.1 billion year to date to September 30, 2023; and
  • Gross assets as at September 30, 2023 of C$18.5 billion.

Jonathan Price, President and CEO, Teck, said: “This transaction will be a catalyst to re-focus Teck as a Canadian-based critical minerals champion with an extensive portfolio of copper growth projects, unlocking the full value potential of the company. This sale will ensure Teck is well-capitalised and able to realise value from our base metals business and deliver strong returns to our shareholders while maintaining a robust balance sheet. Glencore has made strong commitments that will create new benefits for Canada and the Elk Valley and ensure responsible stewardship of the steelmaking coal operations for the long term.”

Gary Nagle, CEO of Glencore, said: “We are pleased to have reached agreement to acquire Teck’s steelmaking coal operations in the Elk Valley. These world-class assets and the experienced people that operate them are expected to meaningfully complement our existing thermal and steelmaking coal production located in Australia, Colombia and South Africa. Glencore has high regard for the business that has been developed over many decades in British Columbia and looks forward to maintaining and enhancing its operational performance, environmental stewardship and social contribution.

“We are dedicated to working with all governing bodies and stakeholders to ensure that the transaction is of benefit to Canada, which includes a commitment from Glencore regarding employment, engaging in further reclamation efforts and to engage constructively and meaningfully with the Indigenous Nations in the Elk Valley. This transaction also deepens our longstanding commitment to Canada, supporting our position as one of the largest diversified miners and suppliers of critical minerals in Canada, in one of the world’s leading mining jurisdictions.”

Closing of the Glencore transaction is subject to customary conditions, including receipt of approvals under the Investment Canada Act and competition approvals in several jurisdictions, and is expected to occur in the third quarter of 2024. The NSC transaction is also subject to customary conditions, including receipt of certain competition approvals, and is expected to close in the first quarter of 2024. These transactions are not inter-conditional.

Metso to deliver two Vertimill 4500 grinding mills to Canadian iron ore producer

A Canadian iron ore producer has awarded Metso an order for two powerful Vertimill® 4500 grinding mills to be delivered in the September quarter of 2024. The value of the order, which exceeds €10 million ($10.6 million), has been booked in Minerals segment’s 2023 September-quarter orders received.

Graham Davey, Director, Stirred Mills at Metso, said: “We are very pleased to collaborate on projects that support decarbonisation of the steel industry through production of high-grade and high-purity iron ore with sustainable processes. The Vertimill stirred grinding mill technology is globally recognised as a leading solution for energy-efficient grinding. Compared to traditional technology, operators can typically save up to 30-35% of the electrical energy and grinding media consumption. A small footprint and easy installation are also big advantages.”

Vertimill technology is an example of Metso’s Planet Positive offering. It is capable of handling feed sizes of up to 6 mm and grinding to product sizes of 30 microns or less. Vertimills are available in standard mill sizes ranging from 11 kW to 3,352 kW.

Since the introduction of the technology in the 1990s, Metso says it has sold over 540 Vertimill units to nearly all types of minerals.

Metso says it is the only manufacturer worldwide that can offer several stirred mill technologies (Vertimill, HIGmill™ and SMD), enabling it to support customers with the most suitable and efficient mill for their application.

DavidRea-Tucson-ElectricMine2023

Cat R1700 XE battery-electric LHD completes the test at Glencore Nickel Rim South

The first field follow trial of Caterpillar’s R1700 XE battery-electric loader has been deemed a success by one Glencore trial participant, with the machine anticipated to surpass the productivity performance of the equivalent diesel LHD running at Glencore’s Nickel Rim South mine, in Sudbury, Canada.

Speaking in a video, Paul Kant, Glencore’s Maintenance General Foreman at the mine, said the battery-electric loader was likely to outperform the diesel-powered Cat® R1700G it was being benchmarked against at the operation over the trial period.

The mine has been using the machine, a 15-t payload loader, as part of ongoing plans to incorporate new technology at its Sudbury Integrated Nickel Operations. This includes the development of an all-electric equipment fleet at the Onaping Depth project.

The Sudbury Integrated Nickel Operations have played a significant role in the development of the R1700 XE, hosting a proof-of-concept trial of a battery-electric R1300 LHD at one of the mines where the machine ran in trials alongside its diesel equivalent. Caterpillar used the insight gained from this testing to develop the commercial R1700 XE.

The R1700 XE is rated with a 24,190 kg lift and tilt breakout, and, according to Caterpillar, features a battery-electric design that delivers superior productivity in underground applications with the benefits of minimal heat and no engine exhaust emissions. It offers an 18 km/h top speed.

It is designed to work with the Cat MEC500 Mobile Equipment Charger, a 1,656 kg (2,037 kg with optional skid) portable charger that, Caterpillar says, eliminates the need for regular battery handling and swapping, allowing for more efficient charging and production. The MEC500 offers a 500 kW capability at a range of 300-1,000 V and up to 700 Amps. The adjustable output can be used to trickle charge or quickly charge the R1700 XE – with a single unit delivering a full charge to the R1700 XE in less than 30 minutes or two units in parallel achieving this in less than 20 minutes.

The R1700 XE in Sudbury, working alongside either one or two MEC500s, has clocked more than 11,000 machine hours. During initial test operations, the customer indicated a circa-320,000 kg reduction of CO2 emissions and displayed a more than 10% improvement in speed on grade.

According to Glencore, the R1700 XEs Caterpillar has put out in the field to date have also exhibited lower energy consumption compared with the diesel equivalent – more than 10%, in fact

Speaking at The Electric Mine 2023 conference in Tucson, Arizona, in May, David Rea, VP and General Manager, Caterpillar Inc (pictured at the top), said of the machine: “We’re delivering for our customers improvements in safety, cost, productivity and sustainability.”

Machine availability in these field-follow trials has been helped by an up to 150-minute run time between charges and an average 18.5-minute charge rate with the dual chargers.

According to Glencore, the machines Caterpillar has put out in the field to date have also exhibited lower energy consumption compared with the diesel equivalent – more than 10%, in fact. And, while trials to date have all been in manual mode, Rea said the R1700 XE units in the field could be equipped for teleremote operation and were also “factory ready” for Caterpillar’s fully autonomous loading system.

Operations are being facilitated thanks to some “800 channels of machine data” flowing off the machines to those supporting the loaders, Rea said. This has allowed personnel from Caterpillar and Cat dealers to diagnose problems in the field and optimise the machine’s charging and operating strategies.

While Caterpillar continues to clock up the operating machine hours for its R1700 XE, it is also in the process of developing its first battery-electric truck.

“We’re not just stopping at the loader; we also need a truck to go alongside that loader,” Rea said in Tucson, adding that this would be a three-pass match for the R1700 XE – therefore, a truck boasting at least a 45-t payload.

Rea confirmed the new truck would be charged by the MEC500, but the company was working on both a fast charge and battery swap option for the vehicle.

“Our alliance with Newmont is leading the development of this truck,” Rea said, referencing a strategic alliance Caterpillar and Newmont announced in 2021 to deliver “26 first-of-a-kind battery-electric autonomous vehicles in both an underground and open pit operation by 2027”.

This agreement involves the introduction of these vehicles to Cripple Creek and Victor (open pit) and Tanami (underground) in USA and Australia, respectively.

“The first deployment of this [battery-electric] truck will be at Newmont Tanami,” Rea confirmed at the event.

Wajax bolsters Industrial Parts and Engineered Repair Services divisions with Beta acquisitions

Wajax Corporation says it has acquired all of the issued and outstanding shares of Ontario-based Beta Fluid Power Ltd and Beta Industrial Ltd, further expanding its Industrial Parts and Engineered Repair Services offering.

Beta Fluid is a leading regional supplier of hydraulic and pneumatic equipment for use in the industrial, mining and construction sectors. It also offers hydraulic and pneumatic maintenance, repair and replacement services, including mobile services. Beta Industrial provides a wide range of on-site facility repair and maintenance services to local and regional customers. Together Beta Fluid and Beta Industrial employ a team of approximately forty-two full-time employees.

“Since 1997, the Beta team has developed a reputation for dependability and excellent customer service, and we are very pleased to welcome them to the growing Wajax family,” Iggy Domagalski, President and Chief Executive Officer of Wajax, said. “Through acquisitions such as Beta, and our recently completed Polyphase Engineered Controls acquisition in Alberta, we continue to execute our Industrial Parts and Engineered Repair Services growth strategy, adding sought-after technical capabilities and expanding the services we offer to customers across the country. We look forward to further additions to our Industrial Parts and Engineered Repair Services portfolio as we continue to develop our acquisition pipeline.”

Wajax is one of Canada’s longest standing and most diversified industrial products and services providers, operating an integrated distribution system that provides sales, parts and services to a broad range of Canadian customers in sectors such as mining.

Autonomous equipment commissioning ramps up at Côté gold project

IAMGOLD has released its latest quarterly results, highlighting the significant progress it has made on its majority-owned Côté gold project in northeastern Ontario, Canada.

The company is the majority owner and operator of Côté, with the next biggest stake owned by Sumitomo Metal Mining. Côté has a mine life of 18 years, and will produce an average of 365,000 oz/y over this term. Some 236 Mt of ore will be mined, along with 568 Mt of waste, with an average processed grade of 0.96 g/t Au.

In the latest results, IAMGOLD said the project was estimated to be 85.7% complete as of the end of June. Since commencement of construction, $2.23 billion ($1.56 billion at the 70% held by IAMGOLD) of the planned $2.965 billion ($2.08 billion at 70%) of project expenditure has been incurred.

Autonomous operations have been incorporated into the Côté mine design with a focus on early operations readiness. The Autonomous Control Room equipped for Caterpillar Command for hauling was completed in mid-September and the project achieved a major milestone in January with the initial deployment of the autonomous 231 t Cat 793F CMD haul trucks working with Toromont Cat. On January 22, the mine saw the safe operation of a full load, haul, and dump cycle using autonomous dump trucks.

During the June quarter 2023, up to seven Cat 793F haul trucks have begun operating in autonomous mode and a total of 14 haul trucks have been commissioned. Autonomous drilling with two Epiroc Pit Vipers began in this quarter, with a third nearing commissioning completion. In total, the company is expected to operate six autonomous Epiroc Pit Viper 231 blasthole drill rigs, complemented by two Epiroc D65 SmartROC crawler rigs, which will be remote operation ready.

In addition it will deploy electric Caterpillar hydraulic shovels – namely two 6060FS units, AC-powered via tethered cable.

The company said owner mining has progressed well with nearly 1.1 Mt mined in the June quarter. The stockpile has approximately 2 Mt of material on track to the target build-up of 5 Mt by the end of the year. The IAMGOLD mine operations team started operating 24/7 effectively in July.

The project timeline remains in place, with production expected to commence in early 2024.

Vale hits ICMM’s GISTM target for tailings storage facilities

Vale says it has implemented the Global Industry Standard for Tailings Management (GISTM) in 48 of its 50 tailings storage facilities (TSFs), with plans to bring the two remaining TSFs into conformance by August 2025.

The GISTM was developed after the tragic failure of a tailings facility at Brumadinho, Brazil, in 2019, through an independent process convened by ICMM, the United Nations Environment Programme and Principles for Responsible Investment.

The standard sets a high bar and contains 77 requirements integrating social, environmental, local economic and technical considerations which strive to achieve the goal of zero harm to people and the environment, according to ICMM.

Vale says of the 48 TSFs now in conformance with the GISTM, 35 are in the Iron Solutions business unit in Brazil and 13 in the Energy Transition Metals business unit (11 in Canada and 2 in Brazil).

“The two remaining Iron Solutions TSFs in Brazil have a lower consequence classification and will be in conformance with the standard by August 2025, following the criteria of the Conformance Protocols defined by ICMM,” Vale said.

The 48 TSFs in conformance meet the GISTM requirements, and some of them have action plans in place according to the Conformance Protocols, according to the company. In addition to meeting the 77 standard requirements, a TSF in conformance with the GISTM means that the oversight, monitoring and transparency of information have been and will continue to be improved, according to Vale. The focus is on the safety of people and the environment throughout the entire TSFs life cycle.

When the GISTM was published in August 2020, ICMM members committed to conform with the standard for tailings facilities classified as ‘extreme’ or ‘very high’ consequences by August 2023, and all other facilities by August 2025. Members are due to publish their progress towards conformance with the GISTM by August 5, 2023, for tailings facilities with the highest potential consequences in the event of a failure.

The ICMM said earlier this week that it anticipated some companies will not achieve full conformance with the standard’s requirements.

Implementing GISTM for Vale’s TSFs represents only one part of the company’s efforts to become safer and more sustainable, the miner says. Vale has been improving the management of its mining dams by conducting an in-depth technical analysis of the historical, current condition and performance of each structure. The preventive, corrective and monitoring actions have also been intensified, being increasingly integrated with social movements and updated according to legislation.

Vale also continues to progress de-characterisating its upstream tailings dam structures in Brazil. As of 2019, out of the 30 dams of this kind included in the program, 12 have already been de-characterised, representing 40% of the total. The program is expected to be completed in 2035. The de-characterisation of upstream facilities in Brazil is Vale’s commitment, in addition to being part of the current Brazilian federal and state legislation on dam safety.

Avalon Advanced Materials and Metso sign MoU on lithium hydroxide production plan

Avalon Advanced Materials Inc has signed a memorandum of understanding to create a strategic partnership with Metso aimed at establishing terms to develop a lithium hydroxide production facility to process lithium mineral concentrates that are essential for the North American electric vehicle (EV) battery value chain.

Avalon intends to deploy Metso’s technology to construct and operationalise a full-service lithium processing facility at the company’s recently acquired Thunder Bay, Ontario industrial site.

Upon completion of the project, Avalon says it will be the first vertically integrated lithium producer in Ontario, while ensuring Canada’s EV battery manufacturing base has a stable, proximate and long-term supply of this resource.

“Metso’s platform and technological solutions perfectly complement Avalon’s vision to complete an integrated lithium value chain in Ontario, predicated on innovative process solutions,” Zeeshan Syed, President of Avalon, said. “We view Metso as an integral part of this rapidly growing sector, and a foundational partner in developing internationally best-in-class processing capabilities that are environmentally sustainable, allowing Avalon to meet the soaring demand for battery-grade lithium.”

The non-binding MoU stipulates:
• The pursuit of a definitive agreement to establish a lithium hydroxide processing facility in Thunder Bay;
• Avalon to license Metso technology and solutions to produce lithium hydroxide cathode materials to serve the EV market;
• Allow Metso to conduct testing and engineering work across Avalon’s portfolio of critical-mineral projects, including the company’s flagship deposit at Separation Rapids near Kenora, Ontario; and
• The parties anticipate reaching a definitive agreement on or before September 1, 2023.

Metso’s sustainable next-generation production and processing technologies are being deployed internationally by governments and clean-energy producers in order to address and deliver the necessary supply required by the emerging EV battery industry, Avalon says.

Avalon’s strategic partnership with Metso is a first in Canada, and is a significant step towards helping the company execute on its vertically-integrated business strategy – and, in turn, entrench Ontario’s position as an advanced manufacturing hub serving not only North America, but the world.

Mikko Rantaharju, Head of Hydrometallurgy at Metso, said: “Metso is looking forward to partnering with Avalon and be part of its long-term vision to be a mid-stream supplier in the lithium hydroxide space. We are aligned with Avalon’s vision of the future and proud to play a key role in technology supply and advancement into clean energy solutions.

”We are also extremely excited to be partnering with the first Ontario conversion facility with Metso’s technology. The innovation advantages of the alkaline process allow for elimination of the use of potentially harmful chemicals such as sulfuric acid and comparatively reduces overall solid waste and emissions, making it environmentally friendlier and overall, safer for workers and local surrounding communities.”

Avalon is a Canadian mineral development company focused on vertically integrating the Ontario lithium value chain. The company is currently developing its Separation Rapids lithium deposit near Kenora, while continuing to advance other projects in its portfolio, including its 100%-owned Lilypad spodumene-cesium-tantalum project near Fort Hope, Ontario.

In additional to extraction activities, Avalon is executing on its key strategic objective of developing Ontario’s first midstream lithium hydroxide processing facility, a vital link bridging the gap between upstream lithium production and downstream EV battery manufacturing.

For battery minerals, Metso provides sustainable technology and equipment for the entire production chain, from the mine to battery materials and black mass recycling with project scopes ranging from equipment packages to plant deliveries.