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Corporate Presentation - Avalon Rare Metals

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Comparison of some Significant<br />

<strong>Rare</strong> Earth Deposits I<br />

Source: IMCOA 2009<br />

Deposit<br />

Resource<br />

(million<br />

tonnes)<br />

Grade<br />

(% TREO)<br />

TREO<br />

(million<br />

tonnes)<br />

HREE<br />

Content<br />

(% TREO)<br />

Cut-off Grade<br />

Bayan Obo, China 1,460 3.9% 56 2% n/a<br />

Kvanefjeld, Greenland 215 1.0% 2.6 14% 0.015% U 3<br />

O 8<br />

Mountain Pass, USA 20 9.2% 1.8 1% 5% REO<br />

Nechalacho, Canada 65 2.1% 1.3 20% 1.6% REO<br />

Mt Weld, Australia 12 9.7% 1.2 3% 2.5% REO<br />

Nolans, Australia 30 2.8% 0.9 4% 1.2% REO<br />

Dong Pao, Vietnam 11 6.9% 0.8 n/a 6.9% REO<br />

Bear Lodge, USA 9 4.1% 0.4 n/a 1.5% REO<br />

Hoidas Lake, Canada 1.5 2.6% 0.04 7% 1.5% REO<br />

Note: each company publishes their resources/reserves differently to comply with local rules; accordingly, these figures need to be reviewed with care as they do not<br />

necessarily make allowances for the varying recovering associated with each reserve/resource.<br />

TSX:AVL<br />

OTCQX:AVARF www.avalonraremetals.com 11

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