Expected technical and economic indicators of the project

Main aspects of reserves life
Ore Reserves and Mineral Resources 'OOO t 642.16
Ore Reserves 635.22
Mineral Resources 6.94
Annual Productivity, 'OOO t 50.00
Guaranteed term of the reserve development, year 13
Concentration output, % 12.4
Yearly concentrate output,'OOO t 6.67
Reserves of Crush Stones, m3 21 485 020
Annual Crush Stones Productivity, t 4 566 100

Life of Mine (LOM) Forecast

Price and Concentrate Net Revenue

Prices according to report of "Global Rare Earth Industry Assocition" REIA $/t
La 2500
Ce 2250
Pr 80000
Nd 55000
Sm 1764
Eu 80000
Yb 430000
Y 3500
Other REE 13900
TC/RC Terms Annual LOM
Payable % 95 95
T/C $/t Conc 45 45
R/C $/t Conc 25 25
freight $/t Conc 7.5 7.5
Concentrate Freight $M 0.05 0.64
Treatment Charge $M 0.30 3.86
Refining Charge $M 0.17 2.14
Marketing Charge $M 1.00 12.84
Total Concentrate Net Revenue REE $M 20.80 267.13
Crush Stones price $/t 3.5 3.5
Revenue of Crush Stones $M 15.8 203.03
Total Concentrate Net Revenue $M 36.61 470.16
Realized Revenues Annual $M LOM $M
Gross Revenue La 0.73 9.30
Gross Revenue Ce 1.47 18.69
Gross Revenue Pr 4.41 56.06
Gross Revenue Nd 14.74 187.21
Gross Revenue Sm 0.04 0.48
Gross Revenue Eu 0.21 2.66
Gross Revenue Yb 0.56 7.14
Gross Revenue Y 0.00 0.04
Gross Revenue Other REE 0.15 1.94