The Investing News Network recently had the chance to speak with Don Bubar, president and CEO of Avalon Rare Metals (TSX:AVL,OTCQX:AVLNF), about the company’s Separation Rapids lithium project in Ontario, and about the importance of purity in both industrial and battery-grade lithium products.
While battery-grade lithium has been getting plenty of attention from lithium market watchers lately, it’s worth noting that lithium use by the glass and ceramics industries still makes up at least 30 percent of lithium demand. That said, Bubar spoke about purity as being key for both industrial and battery-grade lithium products.
“We discovered while we were doing the work on glass ceramics applications that high purity in the lithium chemicals is really important now to the battery manufacturers in terms of allowing them to make a product that achieves the performance expectations that are required now by the general public,” he said, adding, “99.5 percent [purity] used to be the standard, and it looks like it’s going to be going higher than that (99.9).”
Watch the video to to hear more of what Bubar had to say.
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Securities Disclosure: I, Teresa Matich, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Avalon Rare Metals is a client of the Investing News Network. This article is not paid-for content.
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