11:43 AM EST - Avalon Rare Metals Inc. : announced the results of a prefeasibility study for a rare earth elements separation plant to be located in the southern United States. The separation plant prefeasibility study was prepared by independent consultants SNC-Lavalin Inc. The study was based on a site in Louisiana close to transportation infrastructure. The Company is actively pursuing land acquisition opportunities in the Gulf Coast region with two potential sites in the negotiation stage and others under consideration. Avalon Rare Metals Inc.
shares T.AVL are trading unchanged at $2.73.
