03:50 PM EST - Avalon Rare Metals Inc. : announced that the Report of Environmental Assessment for the Nechalacho Rare Earth Elements Project was approved on Monday by the Minister of Aboriginal Affairs and Northern Development Canada, the Honorable Bernard Valcourt, on behalf of the Responsible Ministers (Environment Canada, Transport Canada and the Government of the Northwest Territories). Avalon Rare Metals Inc.
shares T.AVL are trading up $0.01 at $0.85.