Issues Summary of its 2012 Corporate Sustainability Report
Toronto, June 18, 2013 AEST (ABN Newswire) - Avalon Rare Metals Inc. (
TSE:AVL) (NYSE-MKT:AVL) ("Avalon" or the "Company") is pleased to announce that the Company has published a summary of its 2012 Corporate Sustainability Report, entitled Rooted in Sustainability (the "Sustainability Summary"). The Sustainability Summary is a precursor to the full 2012 Corporate Sustainability Report (to be released later this summer), which is being prepared within the framework of the Global Reporting Initiative ("GRI"), Version G3.1, Level C.
The Sustainability Summary reports on Avalon's performance against 2012 targets and objectives, including scorecards against the Mining Association of Canada's 'Toward Sustainable Mining' indicators and a number of key GRI indicators. Highlights are also presented under the headings Economic Performance and Contributions, Environmental Performance, Social Performance and University Outreach.
In releasing this year's Sustainability Summary, Mark Wiseman, Avalon's Vice President Sustainability commented, "This year (2012) was an extremely active year with competing sustainability-related activities including Environmental Hearings, strengthening health and safety programs, community engagement, as well as completing the Feasibility Study for the Nechalacho Project. As a result, our 2012 full Sustainability report has taken longer than anticipated to complete and in the interim, Avalon is pleased to offer this dashboard-style summary of the full report".
Commenting on today's announcement, Don Bubar, President and CEO said, "We remain fully committed to building Avalon on a solid foundation incorporating the principles of sustainable development. We continue to be focused on effective performance and risk management with challenging targets. With the Nechalacho Project Feasibility Study completed on-time and on-budget, we are now focusing our attention on fresh challenges."
The Sustainability Summary can be viewed at: http://www.avalonraremetals.com/sustainability/csr_report/
Avalon's 2011 Corporate Sustainability Report, A Journey to a Sustainable Future, can be viewed at:
http://www.avalonraremetals.com/_resources/AVL_CSR_2011.pdf
About Avalon Advanced Materials Inc
Avalon Advanced Materials Inc. (TSE:AVL) (OTCMKTS:AVLNF) (formerly Avalon Rare Metals) is a Canadian mineral development company specializing in niche market metals and minerals with growing demand in new technology. The Company has three advanced stage projects, all 100%-owned, providing investors with exposure to lithium, tin and indium, as well as rare earth elements, tantalum, niobium, and zirconium. Avalon is currently focusing on its Separation Rapids Lithium Project, Kenora, ON and its East Kemptville Tin-Indium Project, Yarmouth, NS. Social responsibility and environmental stewardship are corporate cornerstones.
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