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Corporate Presentation - Avalon Rare Metals

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Recent Developments in REE<br />

Markets<br />

Chinese interests trying to acquire REE resources outside<br />

China in Australia (and elsewhere)<br />

China Non-Ferrous Mining blocked from acquiring 51% interest<br />

in Lynas Corporation by FIRB (Mount Weld)<br />

East China Exploration acquires 25% interest in Arafura<br />

Resources (Nolan’s Bore)<br />

Chevron sells Molycorp (Mountain Pass Mine) to U.S. private<br />

equity led by Resource Capital Funds and Goldman Sachs<br />

China announces further reductions in REE export quotas and<br />

announces a potential ban on future exports of unprocessed<br />

HREE: notably dysprosium and terbium<br />

TSX:AVL<br />

OTCQX:AVARF www.avalonraremetals.com 13

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