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Potential production and reserves of select global rare earth projects 2016

Potential production and reserves of selected rare earth projects worldwide as of March 2016 (in 1,000 tons of REO per year)

The data shows the potential production and reserves of selected rare earth mining projects worldwide (excluding China) as of March 2016. Alkane Resources' Dubbo Zirconia mine in Australia has a potential production of six thousand tons of rare earth oxides per year, and reserves of 660 thousand tons. The mine secured its mining permit in December 2015.

Hudson Resources Inc., Sarfartoq, Greenland, preliminary economic assessment completed November 2011	200	210
Greenland Minerals, Kvanefjeld, Greenland, definitive feasibility study completed May 2015	23	10330
Arafura Resources Ltd., Nolans Bore, Australia, Jorc resource estimate December 2014	20	1250
Montero Mining & Exploration, Wigu Hill Twiga, Tanzania, NI 43-101 resource estimate completed August 2011	20	470
Commerce Resources, Ashram, Canada, preliminary economic assessment completed July 2012	16.85
Quest Rare Minerals Ltd., Strange Lake, Canada, preliminary economic assessment completed August 2015	13.6
Appia/Tantalus, Tantalus, Madagascar, preliminary economic assessment completed December 2014	10	380
Peak Resources Ltd., Ngualla, Tanzania, pre-feasibility study completed March 2014	10	940
Pele Mountain Resources Inc., Eco Ridge, Canada, NI 43-101 resource estimate completed June 2013	9
Tasman Metals Ltd., Norra Karr, Sweden, pre-feasibility study completed March 2015	6.8	190
Alkane Resources, Dubbo Zirconia, Australia, mining permit issued in December 2015	6	660
Rare Earth Resources Ltd. Bear Lodge, United States, pre-feasibility study completed August 2015	4.95	470
Avalon Rare Metals, Nechalacho, Canada, definitive feasibility study completed October 2013	4.6	250
Matamec Exploration Inc., Kipawa, Canada, definitive feasibility study completed October 2013	3.65	100
Hastings Rare Metals Ltd., Yangibana, Australia, independent scoping study completed November 2014	3.56	210
Northern Minerals Ltd., Browns Range, Australia, definitive feasibility study completed February 2015	3.1	50
Mkango Resources Ltd., Songwe, Malawi, pre-feasibility study completed December 2015	2.8	400
Rainbow Rare Earths Ltd., Gakara, Burundi, funding secured April 2015	2.5	140
Ucore Rare Metals, Bokan Mountain, United States, completes construction of rare earth pilot plant in Utah March 2016	2.25	221000
Namibia Rare Earths Inc., Lofdal, Namibia, preliminary economic assessment completed October 2014	1.5	10
Galileo Resources, Glenover, South Africa, preliminary economic assessment completed March 2013		50
Geomega Resources Inc. Montviel, Canada, NI 43-101 resource estimate completed June 2015		2670

Potential production and reserves of select global rare earth projects 2016

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