Avalon (AVL) - A Clean Tech, rare earth metal stock worth considering

We are stepping away for a moment from our main coverage of tech, media, and telecom stocks to highlight, Avalon Rare Metals (AVL), a Clean Tech stock we believe has enormous potential. If you are hesitant to buy gold and silver because of the hype surrounding the precious metals this year, then this rare earth metal stock is worth considering. This will also start our coverage of Clean Tech stocks.

According to a write-up by Beacon Equity Research, Avalon Rare Metals is Canadian-based mineral exploration and development company that focuses on the rare metals and minerals, including the rare earth elements (REE). The primary asset of Avalon is the 100%-owned advanced development stage project, Nechalacho Rare Earth Element Deposit located in the Northwest Territories, and has one of the highest qualities undeveloped REE deposits in the world. REE are used in the production of clean tech like hybird and electronic vehicles, energy efficient lighting, wind turbines, and other uses in the electronic industries.

Effective December 22, 2010, the Issuer’s common shares began trading on the NYSE Amex exchange under the symbol AVL.

The shares of REE stocks received a boost recently because of China's decision to limit exports of rare earth elements, driving up world prices for these metals. China's decision to increase interest rates over the weekend should further boosts the value of these elements.



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