Releases Second Sustainability Report
Toronto, Dec 6, 2013 AEST (ABN Newswire) - Avalon Rare Metals Inc. (
TSE:AVL) (NYSE MKT:AVL) ("Avalon" or the "Company") is pleased to announce the release of its second comprehensive Sustainability Report entitled Align. Optimize. Innovate. (the "2013 Sustainability Report").
The 2013 Sustainability Report is available for download on the Company's website at:
www.avalonraremetals.com/sustainability/sustainability_report
The 2013 Sustainability Report has been prepared within the framework of the Global Reporting Initiative ("GRI") Version 3.1 and self-assessed at Level C. Avalon has reported on 43 GRI indicators, including Mining and Metals Sector Supplement indicators, in the following categories: six Economic indicators, nineteen Environmental indicators, eight Labour indicators, seven Human Rights indicators, and three Society indicators.
The 2013 Sustainability Report also incorporates a self-assessment of 2012-2013 performance and sets targets for 2014 against the Mining Association of Canada's 'Toward Sustainable Mining' indicators. The Company's sustainability reporting period has now been aligned with its fiscal year ended August 31. Accordingly, the release of the 2013 Sustainability Report follows the filing last week of the Company's Audited Financial Statements and MDA for the year ended August 31, 2013.
Commenting on today's announcement, Don Bubar, President and CEO said, "Producing a GRI-compliant comprehensive sustainability report is an ambitious undertaking for a small-cap resource company not yet in production. Our sustainability reporting team, led by Vice-President Sustainability, Mark Wiseman, has done a remarkable job in compiling and organizing an enormous amount of information into an attractive and very readable report. We strive for high performance with regard to community, environment, and health and safety because we believe this is inherent to our values and fundamental to our long term success as an emerging business. I believe that our 2013 Sustainability Report positions Avalon as the leader in sustainability reporting amongst our industry peers."
Mr. Wiseman added, "In addition to aligning our sustainability reporting period with our financial reporting, we continue to align many of our other internal processes to ensure that sustainability is part of everything we do and factored into all decisions we make. In a year where optimization of our development model for the Nechalacho Rare Earth Elements Project was a top priority, innovation, especially with regard to sustainability performance, was a key driver."
The full 2013 Sustainability Report can be downloaded from Avalon's website at:
www.avalonraremetals.com/_resources/sustainability/Avalon-Sustainability-Report-2013-FINAL-web.pdf.
To receive a hard copy of the 2013 Sustainability Report, please email sustainability@avalonraremetals.com.
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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