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Corporate Presentation - Avalon Rare Metals

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Key Value Drivers<br />

Thor Lake (Nechalacho) a globally strategic REE resource<br />

Very large size, geologically-unique deposit<br />

Exceptional enrichment in scarce HREE and could become the<br />

dominant global supply source<br />

Located in a politically-stable jurisdiction<br />

Potentially highly profitable<br />

Ore value >2x operating costs just for REE<br />

Potential by-product credits (gallium, tantalum, niobium, zirconium)<br />

Relatively small initial capital requirements<br />

Interest from customers as potential strategic partners<br />

Growing recognition in the marketplace of importance of REE<br />

Coverage from industry analysts & media commentators<br />

TSX:AVL<br />

OTCQX:AVARF www.avalonraremetals.com 30

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