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MATAMEC EXPLORATIONS INC. The Peak of Discovery: Kipawa Corporate Presentation April 2012

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MATAMEC EXPLORATIONS INC. The Peak of Discovery: Kipawa Corporate Presentation

April 2012

Disclaimer

This document contains “forward-looking information” including without limitation statements relating to mineral reserve estimates, mineral

resource estimates, realization or mineral reserve and resource estimates, capital and operating costs estimates, the timing and amount of

future production, costs of production, success of mining operations, the ranking of the project in terms of cash cost and production, permitting,

economic return estimates, potential upsides, and the future price and supply and demand for rare earths. Readers should not place undue

reliance on forward-looking statements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance

or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the

forward-looking statements. The preliminary economic assessment study results are estimates only, are preliminary in nature and are based on

a number of assumptions, any of which, if incorrect could materially change the projected outcome. Until a positive feasibility study has been

completed, and even with the completion of a positive feasibility study, there are no assurances that Kipawa will be placed into production.

Factors that could affect the outcome include, among others: the actual results of development activities; project delays; inability to raise the

funds necessary to complete development; general business, economic, competitive, political and social uncertainties; future prices; alternative

rare earth sources or substitutes; actual rare earth recovery; conclusions of economic evaluations; changes in project parameters as plans

continue to be refined; accidents, labour disputes and other risks of the mining industry, political instability, terrorism, insurrection or war; delays

in obtaining governmental approvals, necessary permitting or in the completion or development or construction activities.

Although the corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially for

those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated,

estimated or intended. Forward-looking statements contained herein are made as of the date of this presentation and the Corporation disclaims

any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as

required by applicable securities laws.

NI 43-101 Compliance

The technical information pertaining to the Kipawa HREE Project in this presentation is based on the news release entitled “Matamec PEA

Study Shows Robust Economics for the Kipawa HREE Project” published on January 30th, 2012 that describes the results of the Kipawa HREE

Project Preliminary Economic Assessment (“PEA”) study 2012 and the report entitled « NI 43-101 Report – Preliminary Economic Assessment

Study for Kipawa Deposit » published on SEDAR March 14, 2012 which describe the preliminary economic assessment study for the HREE

Kipawa project and was prepared in accordance with Canadian regulatory requirements by, or under the supervision of Guy Saucier, ing. of

Roche Ltd.

2

Table of Contents

Page 4 Company Overview

Page 5 Management Team

Page 7 Market Summary

Page 8 Kipawa HREE Project

Page 9 Resource Update

Page 10 PEA Highlights

Page 11 Low-Cost Extraction Process

Page 12 Market Positioning

Page 13 HREE Company Comparables

Page 14 MoU with Toyota Tsusho Corp.

Page 15 TTC REE Supply Chain

Page 16 Kipawa Project Value Drivers

Page 18 Zeus Property Upside Potential

Page 19 Key Personnel

Page 20 Rare Earth Elements (REEs) Basics

Page 21 Contact Information

3

Company Overview

• Focused on developing the Kipawa deposit, 100% owned property located in Quebec

– One of the top 5 HREE assets outside of China

• Signed an MoU with a high profile end-user, Toyota Tsusho Corp. (“TTC”), as a strategic partner

– TTC will provide an off-take agreement for 100% of production at market prices and CAPEX financing

• Experienced management team and directors

• Fast tracking to production

– Mining lease application and environmental permitting to be filed by Q1 2012

– Hydrometallurgical pilot plants to be completed by Q3 2012

– Feasibility study by Q1 2013

– Environment and permitting by Q2 2014

– First production as early as Q2 2016 (Able to accelerate production by mid 2015 with help of TTC)

4

Strong project economics Before tax NPV8% of $606 million (36.9% IRR)

Robust production profile Average annual production of 5,072 tonnes of mixed TREO concentrate

Low projected cash costs $16.97/kg mixed TREO concentrate

Simple metallurgy

Straightforward mineralogy, ideal deposit geometry, simple processing flow-sheet, most infrastructure

in place

Upside potential Significant upside potential from several by-products and deposit expansion drilling

5

2008 2009 2010 2011 2012 2013 2014 2015 2016

Step 1: Establish

Resource

(79% Indicated-21% Inferred) June 2011 Target:

measured

Step 2: Understand

Mineralogy

(Mineralogy in drill hole for metallurgy) progressing in 2012

Step 3: Scoping Study March 15, 2012

Step 4-6: Pilot Plant

•Beneficiation,

Extraction &

Separation

Optimization of each process of the flow sheet

Mini Pilot Plant (1)

Mini Pilot Plant (2)

Step 7: Environmental

Approval

Baseline Study,

Characterizing the

environmental

sensitivity and

land use

Environmental and

Social Impact Study and

Permitting

Step 8: Letters of

Intent

MoU signed December 7th,

2011

Binding MoU signed March, 12

2012 (1.5$ CAD paid)

JV -

July

Cons-

truction

decision

Q1 2013

Step 9: DFS

& Funding

Q1 2012- Q1 2013

Step10: Engineering,

Procurement, &

Construction

Q1 2016 - Production

10 Steps to Developing The Kipawa Heavy Rare Earth Deposit

*Modified from Dudley Kingsnorth, 2011

Management Team

André Gauthier, BBA

President

Mr. Gauthier is president and director of Mistassini Mineral

Resources Inc., a public mining company. From February 1999 to

September 2003 he was secretary-treasurer and CFO of Prêt à

porter Subito Presto Inc., a company that manufactured medium to

high-end clothing (main client Mexx Canada). From 1994 to 1996

he was Vice-President of the public junior mining company Q.E.X.

Resources Inc. (which became Adventure Gold Inc. in 2007). From

1984 to 1992, he was secretary-treasurer and CFO of Abior

Exploration Inc. (which became Exploration Diabior Inc., now

merged with Virginia Gold Mines Inc.). He has been president and

CEO of Matamec Explorations since 2005.

Marcel Bergeron

Independent Director

Mr. Bergeron, CA and CMA, obtained a Bachelor’s degree in

accounting sciences from the University of Quebec in Montreal. He

has been a member of l’ordre des comptables en management

accrédités du Québec (CMA) since June 1981 and of l’ordre des

comptables agréés du Québec (CA) since December 1983. From

2006 to 2009, he joined Devimco Inc., a commercial real estate

development company, as General Manager. From July 1990 to

June 2006, he was partner of Petrie Raymond l.l.p., chartered

accountants, where he participated in auditing mining companies.

He has been a Director and a member of the Audit Committee of

Strateco Resources Inc. since March 2007. He was also a director

and member of the Audit Committee of Fairstar Explorations Inc.

from 1995 to 2005, and of MDN Inc. from 2007 to 2008.

Bertho Caron, BSc in Mining Engineering

VP, Project Development & Construction

Mr. Caron has more than 20 years of progressive experience in

mining industry development, most specifically in engineering,

construction and start up of process plants along with the

construction of a variety of different facilities required for mining

operations. He is specialized in fast-tracking projects and has a

reputation for respecting timelines and budgets. Mr. Caron

participated in several mine construction and development/

expansion projects in Canada and South America, principally with

Cambior and Agnico Eagle. Former construction manager at

Niobec Mine near Chicoutimi, Quebec for a 40% increase in

production from the Niobium concentrator plant as well as adding

the FerroNiobium converter for the same plant. He was construction

manager for the Goldex Mine in Val d’Or, Quebec and construction

manager for the Meadowbank gold mine located in Nunavut. Until

mid-February 2012, Mr. Caron was the Construction manager

working on the feasibility study for the Meliadine Gold Project

located in Nunavut with Agnico-Eagle.

Aline Leclerc, BSc in Earth Science

VP, Exploration

Ms. Leclerc has had her own geological consulting firm, Gestion

Aline Leclerc, since 1995 and she has provided services to

Matamec Explorations Inc. since 2003. From 1974 to 1995, she

worked for various junior mining companies and governmental

departments as an exploration geologist. She sat on the Board of

Directors of Soquem from 1996 to 2000.

6

Director of Metallurgy

Paul Blatter, BSc in Metallurgical Engineering

Director of Metallurgy

Mr. Paul Blatter joins Matamec to lead the mill process design team during the feasibility study, construction phase, and, subsequently, the mill

commissioning, start-up, and operation. The Company will use his strong ore processing background, his experience in R&D, and his

improvement skills to maximize the value of ore. He will also take on new challenges associated with REE ore valuation. He will work under the

guidance of our VP Project Development and Construction, Mr. Bertho Caron, and in conjunction with our lab metallurgist, Eliza Ngai,

metallurgical consultants, labs and the Toyota Tsusho Corp. network during the present due diligence period. As a strong team player, he will

add his experience to the team, while engaging in new challenges and learning experiences.

Result-oriented, dynamic and hands-on, he has more than 12 years of experience in test work, process design and optimization of several mill

technologies including: grinding, flotation, leaching, solid/liquid separation, pressure leaching and gold recovery units. He has initiated several

successful brownfield mill expansions in the Abitibi region for the recovery of base and precious metals. He led research and development

activities in base and precious metals, with multiple successful technology migrations to existing plants which led to increased metal recovery

and reduced milling costs. Between 1999 and 2012, he was plant metallurgist then metallurgy superintendent at Laronde mill for Agnico-Eagle

Mines, and for a two year period he was assistant mill superintendent at Lapa mill (2007-2009).

He is president of north-western Quebec regional CMP branch (CIM) and he is active member of local CIM branch and national CMP

conference. Mr. Blatter is also a member of l'Ordre des Ingenieurs du Quebec.

7

Market Summary (TSXV:MAT)

8

Shareholder Base Research Coverage

Institutional ownership 30% Byron Capital Markets Dr. Jon Hykawy

Insider ownership 2% Cormark Securities Edward Otto

Pinetree Capital, Mineralfields ~20% Jacob Securities Luisa Moreno

Source: Capital IQ, Bloomberg and company.

Data as of April 18, 2012.

COMPANY STATISTICS

Current share price $0.28

52 week range $0.20 to $0.70

Basic shares 120 million

Fully diluted shares 138 million

Market capitalization $33 million

Entreprise value $29 million

Cash & cash equivalents $4 million

CAPITAL STRUCTURE

Issue and outstanding 120 million

Warrants 11 million

Weighted average exercise price $0.41

Options 7 million

Weighted average exercise price $0.221 Weighted average exercise price 0.0

1.0

2.0

3.0

4.0

5.0

6.0

0.0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

Volu

me (

MM

)

Price (

$C

AD

per

share

)

Kipawa HREE Project

• Located in the Témiscamingue region of Quebec, some 160 km south of Rouyn-Noranda and 50 km east of the town of Témiscaming

• Kipawa Alkaline Intrusive Complex of peralkaline syenite and granite is less than 200 m thick

• Rare earth-yttrium-zirconium mineralization at the Kipawa deposit is contained in medium grained silicate minerals

• Grains are distinct and generally well crystallized

• Proportion of REEs: 70% eudialyte, 20% mosandrite, 10% britholite

• Accessed by a nearby network of logging roads, railway, electric grid and airport

• Use of Hydro-Quebec’s power grid at the mine site instead of diesel power

• High capacity of rail freight service by CN-CP-OVR-ON

9

1.8M CAD

budget for gold

property

exploration in

2012

Resource Update

• Indicated resources represent 79.8% of the total resource

• Mineral concentrate grade of 1.11% TREO; overall REE recovery of 81%

• Heavy rare earth oxides and yttrium combine for an average of 36% TREOs totaling 22,940 tonnes of indicated and 6,300 tonnes of

inferred HREO + Y2O3

• Open pit design at Kipawa HREE Project mine site

Cut-off Grade Category Tonnage Grade (%) Tonnes

ZrO2 Y2O3 HREO1

TREO2

(H+Y)3/TREO

HREO Dy2O3 Y2O3 Tb2O3 Eu2O3 Nd2O3

0.2% TREO Indicated 17,645,000 0.909 0.097 0.060 0.435 36% 1,58,700 2,823 17,116 423 300 10,234

Inferred 6,805,000 0.866 0.080 0.051 0.371 35% 347,055 885 5,444 136 95 3,403

0.3% TREO Indicated 12,472,000 0.913 0.114 0.070 0.512 36% 873,040 2,245 14,218 349 249 8,481

Inferred 3,842,000 0.912 0.101 0.063 0.463 35% 242,046 653 3,880 100 69 2,420

1 Sum of all heavy rare earths in oxides (terbium to lutetium)

2 Sum of all rare earths in oxides plus yttrium in oxide; TREO = LREO + HREO + Y2O3

3 HREO plus Y2O3

10

In-Pit Mineral Resources* Tonnes Grade (%)

Indicated (79.8% of the deposit) 15,161,000 0.434

Inferred (20.2% of the deposit) 3,843,000 0.403

Total 19,004,000 0.428

PEA Highlights (January 30, 2012)

• Strong project economics (before tax)

– NPV8% of $606 million at IRR 36.9%

– Pay back period in 2.4 years

– Expected revenue of $2.8 billion; EBITDA of $1.67 billion

– CAPEX of $315.8 million (includes contingency of $63.2 million)

– OPEX of $ 89.2 million per year (~$17/kg mixed TREO concentrate)

– Open pit strip ratio ~1.42:1 (waste:ore) with a mine life of 12.9 years

– Conservative price deck for REEs

• Robust project

– Straightforward mineralogy, ideal deposit geometry, simple processing flow-sheet

– 79.8% of resources in the indicated category

– Mineral concentrate grade of 1.11% TREO

– Overall REE recovery of 81%

– Average annual production of 5,072 tonnes of mixed TREO concentrate

• Simple flow chart

– 1) initial crushing, grinding and magnetic separation; pre-concentration plant located at the Kipawa mine site

– 2) hydrometallurgical facility located near the town of Témiscaming

• Simple grinding, followed by a 2-hour, room temperature leach in an acid mixture (predominantly sulphuric acid), using 150

kg of acid per tonne of physical concentrate

11

Ce 0.02

La 0.02

Nd 0.16

Pr 0.05

Sm 0.00

Eu 0.03

Gd 0.01

Tb 0.14

Dy 0.44

Ho 0.01

Er 0.02

Tm 0.00 Yb

0.00

Lu 0.02

Y 0.07

Revenue

Ce 0.291

La 0.148

Nd 0.132

Pr 0.038

Sm 0.030

Eu 0.004

Gd 0.030

Tb 0.006

Dy 0.036

Ho 0.008

Er 0.025

Tm 0.004

Yb 0.023

Lu 0.003 Y

0.223

Production

12

Base Case

(million CAD)

Total At-mine

Revenue 2,822.1

Pre-production

Capital

Expenditures 315.8

Sustaining Capital

Expenditures 38.3

Initial Working

Capital

Requirement

9.9

Mine Reclamation

Costs 7.5

Total Operating

Cost 1,142.5

Total Before-tax

Cash Flow 1,679.6

Before-tax NPV @

8% 606

Before-tax NPV @

5% 811

Before-tax NPV @

10% 500

Before-tax IRR (%) 36.9

Before-tax Payback

Period (years) 2.4

5 Critical

Elements

(DOE)

Financial Analysis

Low-Cost Extraction Process

To be located on site

13

Ore from Open Pit

Grade 0.42%

Crushing

Grinding

Physical Concentration

Mineral Concentrate

Grade 1.1%

90% Recovery

To be located in Témiscaming (50 km from site)

Mineral Concentrate

Grade 1.1%

Regrind

Leaching

Solid/Liquid Separation

Liquor – 88% Recovery

Purification/Precipitation

Mixed TREO Concentrate

Heat: Room Temp.

Acid: 150 kg/t

Time: 2 hours

+ Water

Solid Tailings

Stabilization

Mixed TREO Concentrate

Rare Earth Separation

Individual REE Oxide

79% of TREO Recovered in

Steps 1 & 2 (to the Liquor)

STEP 1 STEP 2 STEP 3

To be negotiated in the future

Market Positioning

14

Source: Technology Metals Research LLC and company filings.

Early Strategic Advantage Preliminary Agreements

Vertically Integrated

Binding Partnerships

Ad

van

ced

T

imin

g

Earl

y S

tag

e

Tim

ing

/ M

eta

llu

rgy

Lo

w

RIS

K

Hig

h

Partnerships/Financing

Low RISK High

Low risk HREE public company in the rare earth sector Rare Element (L)

Bear Lodge

Avalon (H)

Nechalacho (Thor Lake)

Arafura (L)

Nolans

Greenland Minerals (H)

Kvanefjeld

Frontier (L) - MOU

Zandkopsdrift

Quest (H)

Strange Lake

Matamec (H) –

Binding MOU

Kipawa

Tantalus (H)

TRE

Tasman (H)

Norra Karr

IAMGOLD (L)

Niobec

Great Western (L)

Steekampskraal

MBAC (L)

Araxa

Pacific Wildcat (L)

Mrimra Hill

HREE Company Comparables

15

Deposit

Type

Company

(Project)

Mine

Type*

REE-Bearing

Mineralogy

TREO

In-situ

Grade

(%)

HREO/

TREO

(%)

OPEX/kg

TREO

($)

Required

CAPEX

($ MM)

Pre-Tax NPV

($ MM)

IRR

(%)

Engaged a Full

CAPEX

Financing

Partner

LR

EE

Frontier Rare Earth

(Zankopsdrift)

OP Monazite 3.2% 7.8% $13.1 910 $4,340

at 11% (PEA)

57.6% KORES

Great Western Minerals

(Steenkampskraal)

UG Monazite 17% 7.8% N/A N/A N/A N/A

Rare Element Resources

(Bear Lodge)

OP Synchysite, parasite 3.75% 3.3% $4.6 446 $1,300

at 10% (PFS)

44.9%

Avalon Rare Metals

(Nechalacho)

UG Bastnaesite,

synchysite, allanite,

monazite & zircon

1.35% 15.5% $5.5 1,200 $1,770

at 10% (PFS)

39.0%

HR

EE

Matamec Explorations

(Kipawa)

OP Eudialyte, mosandrite

& britholite

0.42% 36.9% $16.9 315 $606

at 8% (PEA)

36.9% Toyota

Quest Rare Minerals

(Strange Lake)

OP Gadolinite and other

Granitic/pegmatitic

Minerals

1.3% 43.2% $16.0 560 $1,826

at 10% (PEA)

36.4%

Ucore Rare Metals

(Bokan Mountain)

UG Iimorite,thalenite,

bastnaesite,

Xenotime and

monazite

0.75% 39% N/A N/A N/A N/A

Source: Technology Metals Research LLC and company filings.

* OP = Open-pit; UG = Underground

Binding MoU with Toyota Tsusho Corp. (March 12, 2012)

• Signed a MoU with Toyota Tsusho Corp. (“TTC”), a trading company of Toyota Motor Group, in order to secure a HREE supply for the

production and marketing of hybrid and electric vehicles (December 7, 2012)

– Mutual collaboration to accelerate the development of the Kipawa Deposit

– Technical assistance will be provided in association with TTC’s chain of suppliers

• MoU is divided into three stages with a final decision at the end of the first two stages

• Expected definitive joint venture between TTC and Matamec (TTC: 49%/ Matamec: 51%) will only apply to the Kipawa deposit. The

joint venture with TTC with result in:

– Financed feasibility study

– CAPEX financing arranged by TTC through to production

– Technical expertise from TTC supply chain (huge intangible value in terms of cost and time)

– Accelerated development program (enables “first to market” with HREE)

– An off-take partner to purchase 100% of a mixed rare earths oxide concentrate at market prices

16

Stage 1) Due diligence period which may extend to the end of March 2012

• Evaluation of PEA/ preparing joint venture and off-take agreements

Stage 2) TTC has decided to pursue further, TTC has reimbursed Matamec $1.5 million for its historical metallurgical expenditures

(March 12, 2012) . MoU is now binding .

• Negotiate/receive internal approval for the joint venture, off-take agreement and other agreements

Stage 3) A definitive joint venture agreement would then be established for the Kipawa Deposit between TTC (49%) and Matamec

(51%) with an off-take agreement (June 27, 2012)

• Contribution from TTC based on up to 49% of Matamec’s market capitalization for the 90-day period ending on

November 30, 2011 (~CAD$17.23 million)

• Off-take agreement for 100% of the mixed rare earths concentrate to be sold at a price equal to 70% of the fair market

value of the processed form of such elements

Source: Capital IQ.

TTC REE Supply Chain Including Kipawa

17

Mixture Oxide Alloy Magnet Catalyst Ore Product Metal Scrap

Indian

Rare

Earths

India SX Plants PJ

Kipawa Deposit Separation

Plant

Dong Pao Mine Exploration PJ

(Vietnam)

Magnet Manufacturer

Rare Earth Compound

Manufacturer

Catalyst

Corp.

Vietnam

Electrolys

is PJ

Japanese EV

Alloy

Manufacturer

Magnet

Manufacturer

Toyota

Exhaust Gas

Catalyst

Motor

Battery

Motor

Manufacturer

Collection/

Processing

Partner

Process Flow TTC Client

Partners

Vertically Integrated from the Mine to the Car

Kipawa Project Value Drivers

Strong project economics

– Before-tax NPV8% of $606 million (36.9% IRR)

– EBITDA OF $1.67 billion

– Payback in 2.4 years

– Expected full CAPEX financing via Toyota

– Expected full product off-take sold at market prices to

Toyota

Simple mineralogy

– Rich in the heavy rare earths (HREEs); 3.70%

dysprosium oxide levels

– Flat-lying ore body that extends to surface; open pittable

with a low strip ratio

– Simple/low cost process for extracting the total rare

earths as an oxide (TREO)

– Relatively inexpensive to develop, required CAPEX of

only $315 million

– Operational expenses remain relatively low at $16.97/kg

mixed TREO concentrate

Defined resource with substantial upside

– Located in a mining friendly jurisdiction – Quebec;

situated near developed infrastructure

– 79.8% of resources in the indicated category

– Mineral concentrate grade of 1.11% TREO; with

HREO/TREO 36.9% in ore

– Overall REE recovery of 81%

Permitting

– The mining lease permitting will start before the end of

March 2012

– The project notice to begin the environmental permitting

before end of Q1 2012

– Begin restoration study and environmental impact study

on March 2012 and continue over a 1 to 2 year period

Environmental studies

– Envireo Conseil Inc., an independent firm from Rouyn-

Noranda, completed a baseline study in 2010

– The results of this study clearly show that the land and

water are not polluted by REE, yttrium, zirconium,

uranium, and thorium

18

Kipawa Project Value Drivers (Continued)

Social and community impact

– Local people have been part of the Matamec team from the start

– Several public meetings and site visits were organized by Matamec and a roundtable was put in place by a group of key people to guide and inform

Matamec about the concerns of the communities

– Three committees were formed to address education possibilities, economic benefits including job creation, and environmental concerns

Aggressive plan to production

– Hydrometallurgical pilot plants to be completed by Q2 2012

– Feasibility study by Q1 2013

– Environment and permitting by Q2 2014

– First production as early as Q2 2016

Engaged with a strategic partner, Toyota Tsusho Corp.

– Signed MoU with Toyota Tsusho significantly de-risks the project, expected to become a major off-take partner and full CAPEX financier through to

production

19

•Required CAPEX to be arranged by Toyota, no equity raise CAPEX Financing CAPEX Financing

•Captured from Toyota’s supply chain Technical Expertise Technical Expertise

•Off-take agreement to purchase 100% of a mixed rare earths oxide concentrate at market prices Off-take Partner Off-take Partner

Upside - includes by-products from Kipawa Deposit and new discoveries on the Zeus property (e.g. Certitude and Surprise showings).

Zeus (HREE-Y-Zr) Property Upside Potential

20

TTC may negotiate in good faith to participate in

the exploration and development of all other

REE prospects found on the Zeus Property

Showing potential outside of Kipawa

• Surprise REE-Nb-Ta (16 samples)

– Average of 3.2% TREO at 27%

HREO+Y2O3

• Certitude REE-Y-Nv-Ta (13 samples)

– 5.2% TREO at 36% HREO+Y2O3

Spring 2012

• Follow-up ground exploration to define

potential drill targets in the area

– Ground traverses, mechanical

trenching, line cutting, ground

geophysics and geochemical surveys

TTC

Certitude and Surprise Showing (press release March 1, 2012)

21

Rare Earth Elements (REEs) Basics

• REEs are a unique group of chemical elements that are used in a wide variety of end-use markets

– Critical components in some of our latest and greatest high-technology and green inventions

– Uses: magnets, phosphors, metal alloys, catalysts, ceramics, polishes, glass

• 15 elements of the lanthanoid group with yittrium and scandium often included

– Further grouped into so-called light REEs and heavy REEs, separated based on the specific configurations of

electrons within each REE atom

22

Source: Byron Capital Markets and Technology Metals Research LLC.

• Five critical elements are identified by the US Department

of Energy in 2010 to 2011, which are essential for four

clean energy technologies

– Dysprosium (Dy)

– Yttrium (Y)

– Terbium (Tb)

– Europium (Eu)

– Neodymium (Nd)

23

1010 Sherbrooke Ouest, Suite 700

Montreal, Québec

Canada H3A 2R7

Tel (514) 844 5252

Fax (514) 844 0550

Email [email protected]

Website www.matamec.com