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TMR Advanced Rare-Earth Projects Index

TMR is first and foremost interested in the rare-earths sector from the strategic point of view. We are interested in the potential value that specific rare-earth deposits and their development could have, in the furtherance of the needs and demands of the overall technology supply chain.

The TMR Advanced Rare-Earth Projects Index consists of rare-earth projects currently underway around the world, which have been formally defined as a mineral resource or reserve, under the guidelines of a relevant scheme such as NI 43-101, the JORC Code or the SAMREC Code. This includes projects that are not required to produce such estimates to these guidelines (such as those owned by private companies), but which have reported adherence to the technical report format prescribed by one of these schemes.

The Index, last updated on November 19, 2015, currently consists of 58 rare-earth mineral resources, associated with 53 advanced rare-earth projects, 49 companies and located in 35 regions within 16 countries.

The details are shown in the tables below (use the drop down menu above each table to change how many projects are shown at one time, and sort the various columns by clicking on the column headers).

Advanced Rare-Earth Projects

Click the column headers to sort the data on that column.

Project	Country	Owner(s)	Ticker Symbol(s)	MR (Mt)	TREO (wt%)	TREO (Mt)	In-Situ TREO (USD/t(MR))	Basket Price (USD/kg)
Aksu Diamas	TUR	AMR Mineral Metal Inc.	N/A	494.0	0.07	0.345	9.92	14.21
Araxá	BRA	MBAC Fertilizer Corp.	TSX:MBC, OTCQX:MBCFF	28.3	4.21	1.190	487.38	11.58
Ashram Main	CAN	Commerce Resources Corp.	TSX.V:CCE, OTCQX:CMRZF, F:D7H	239.7	1.90	4.549	255.86	13.48
Ashram MHREO	CAN	Commerce Resources Corp.	TSX.V:CCE, OTCQX:CMRZF, F:D7H	9.4	1.61	0.151	272.59	16.89
Bear Lodge	USA	Rare Element Resources Ltd.	TSX:RES, MKT:REE	57.9	2.68	1.553	396.15	14.78
Bokan	USA	Ucore Rare Metals Inc.	TSX.V:UCU, OTCQX:UURAF	5.8	0.60	0.035	140.72	23.37
Brockmans	AUS	Hastings Technology Metals Limited	ASX:HAS	36.2	0.21	0.076	65.09	31.00
Browns Range	AUS	Northern Minerals Limited	ASX:NTU	9.0	0.63	0.057	198.92	31.57
Buckton	CAN	DNI Metals Inc.	TSX.V:DNI, F:DG7	3433.5	0.03	0.878	4.95	19.38
Buckton South	CAN	DNI Metals Inc.	TSX.V:DNI, F:DG7	496.7	0.03	0.124	4.93	20.11
Charley Creek (JV)	AUS	Crossland Strategic Metals Ltd.	ASX:CUX	805.3	0.03	0.235	5.36	18.38
Charley Creek (JV)	AUS	EMMCO Mining Sdn Bhd	N/A	805.3	0.03	0.235	5.36	18.38
Clay-Howells	CAN	Canada Rare Earth Corp.	TSX.V:LL	8.5	0.73	0.062	118.82	16.30
Cummins Range	AUS	Navigator Resources Limited	ASX:NAV	4.9	1.74	0.085	221.24	12.71
Dubbo Zirconia Project	AUS	Alkane Resources Ltd.	ASX:ALK, OTCQX:ANLKY	73.2	0.89	0.651	146.85	16.50
Eco Ridge	CAN	Pele Mountain Resources Inc.	TSX.V:GEM, OTCQX:GOLDF	59.3	0.16	0.093	22.44	14.32
Elliott Lake Teasdale	CAN	Appia Energy Corp.	N/A	51.6	0.19	0.098	25.34	13.31
Foxtrot	CAN	Search Minerals Inc.	TSX.V:SMY	14.4	1.01	0.146	179.83	17.73
Glenover (JV)	ZAF	Galileo Resources PLC	AIM:GLR	10.4	2.13	0.221	393.93	18.48
Glenover (JV)	ZAF	Fer-Min-Ore (Pty) Ltd.	N/A	10.4	2.13	0.221	393.93	18.48
Grande-Vallée	CAN	Orbite Aluminae Inc.	TSX:ORT, OTCQX:EORBF	1209.6	0.05	0.606	7.97	15.91
Hoidas Lake	CAN	Great Western Minerals Group Ltd.	TSX.V:GWG, OTCQX:GWMGF	2.8	2.40	0.068	377.56	15.72
Kangankunde	MWI	Lynas Corporation Ltd.	ASX:LYC, OTCQX:LYSDY	2.5	4.24	0.107	460.40	10.86
Kipawa	CAN	Matamec Explorations Inc.	TSX.V:MAT, OTCQX:MHREF	27.1	0.39	0.107	83.66	21.19
Kutessay II	KGZ	Stans Energy Corp.	TSX.V:HRE, OTCQX:HREEF	18.0	0.26	0.047	78.01	30.15
Kvanefjeld	GRL	Greenland Minerals and Energy Ltd.	ASX:GGG, PK:GDLNF	673.0	1.09	7.369	144.57	13.20
La Paz	USA	Formerly AusROC Metals Ltd.	ASX:ARK	128.2	0.04	0.056	8.58	19.49
Lavergne-Springer	CAN	Canada Rare Earth Corp.	TSX.V:LL	16.9	1.16	0.197	154.41	13.27
Lofdal	NAM	Namibia Rare Earths Inc.	TSX:NRE	1.7	0.59	0.010	181.28	30.65
Milo	AUS	GBM Resources Ltd.	ASX:GBZ	187.0	0.06	0.115	9.42	15.27
Montviel	CAN	Geomega Resources Inc.	TSX.V:GMA	266.6	1.45	3.878	185.38	12.74
Mount Weld CLD	AUS	Lynas Corporation Ltd.	ASX:LYC, OTCQX:LYSDY	14.9	9.73	1.454	1361.38	13.99
Mount Weld Duncan	AUS	Lynas Corporation Ltd.	ASX:LYC, OTCQX:LYSDY	9.0	4.84	0.435	846.35	17.50
Mountain Pass	USA	Molycorp Inc.	NYSE:MCP	31.6	6.57	2.072	628.78	9.57
Mrima Hill High Grade	KEN	Pacific Wildcat Resources Corp.	TSX.V:PAW	26.9	7.04	1.893	932.67	13.24
Mrima Hill Main	KEN	Pacific Wildcat Resources Corp.	TSX.V:PAW	132.5	3.21	4.252	492.35	15.35
Nechalacho Basal	CAN	Avalon Rare Metals Inc.	TSX:AVL, MKT:AVL	125.7	1.43	1.799	305.14	21.33
Nechalacho Upper	CAN	Avalon Rare Metals Inc.	TSX:AVL, MKT:AVL	177.7	1.32	2.353	233.46	17.63
Ngualla	TZA	Peak Resources Ltd.	ASX:PEK	41.7	4.19	1.748	519.34	12.39
Niobec	CAN	Magris Resources Inc.	N/A	1058.6	1.73	18.363	242.34	13.97
Nolans	AUS	Arafura Resources Ltd.	ASX:ARU, PK:ARAFF	55.9	2.59	1.450	393.24	15.16
Norra Kärr	SWE	Tasman Metals Ltd.	TSX.V:TSM, MKT:TAS, F:T61	31.1	0.61	0.188	139.87	23.12
Olserum	SWE	Tasman Metals Ltd.	TSX.V:TSM, MKT:TAS, F:T61	7.8	0.62	0.048	134.75	21.86
Round Top	USA	Texas Rare Earth Resources Corp.	OTCQX:TRER	905.9	0.06	0.573	13.82	21.87
Sarfartoq	GRL	Hudson Resources Inc.	TSX.V:HUD, OTCQX:HUDRF	8.3	1.72	0.143	242.64	14.12
Serra Verde	BRA	Mining Ventures Brasil Ltda.	N/A	909.0	0.16	1.454	26.95	16.84
Songwe Hill	MWI	Mkango Resources Ltd.	TSX.V:MKA	31.8	1.48	0.469	219.51	14.85
Sørensen	GRL	Greenland Minerals and Energy Ltd.	ASX:GGG, PK:GDLNF	242.0	1.10	2.667	135.33	12.28
Steenkampskraal	ZAF	Thorium Foundation	N/A	0.7	14.00	0.093	2166.11	15.47
Storkwitz	GER	Seltenerden Storkwitz AG	N/A	4.5	0.45	0.020	54.71	12.11
Strange Lake Enriched	CAN	Quest Rare Minerals Ltd.	TSX:QRM, MKT:QRM	20.0	1.44	0.288	315.08	21.87
Strange Lake Granite	CAN	Quest Rare Minerals Ltd.	TSX:QRM, MKT:QRM	472.5	0.87	4.118	175.08	20.09
TANBREEZ	GRL	Rimbal Pty Ltd	N/A	4300.0	0.65	28.058	119.92	18.38
Tantalus	MDG	Tantalus Rare Earths AG	F:TAE:GR	627.7	0.08	0.562	13.91	16.81
Two Tom	CAN	Canada Rare Earth Corp.	TSX.V:LL	40.6	1.18	0.480	163.60	13.84
Wigu Hill Twiga	TZA	Montero Mining and Exploration Ltd.	TSX.V:MON	0.5	5.27	0.025	403.26	7.65
Xiluvo	MOZ	Promac Lda.	N/A	1.1	2.03	0.023	301.62	14.86
Yangibana (JV)	AUS	Hastings Technology Metals Limited	ASX:HAS	6.8	1.52	0.103	234.59	15.40
Yangibana (JV)	AUS	Rare Earth Minerals PLC	AIM:REM	6.8	1.52	0.103	234.59	15.40
Zandkopsdrift (JV)	ZAF	Frontier Rare Earths Ltd.	PK:FREFF	46.8	1.89	0.886	271.46	14.34
Zandkopsdrift (JV)	ZAF	Korea Resources Corp.	N/A	46.8	1.89	0.886	271.46	14.34
Zone 3	GRL	Greenland Minerals and Energy Ltd.	ASX:GGG, PK:GDLNF	95.3	1.16	1.106	139.85	12.05

Grade of In-Situ Rare-Earth Oxides (wt%)

Click the column headers to sort the data on that column.

Project	La₂O₃	CeO₂	Pr₆O₁₁	Nd₂O₃	Sm₂O₃	Eu₂O₃	Gd₂O₃	Tb₄O₇	Dy₂O₃	Ho₂O₃	Er₂O₃	Tm₂O₃	Yb₂O₃	Lu₂O₃	Y₂O₃	TREO
Aksu Diamas	0.018	0.031	0.003	0.010	0.001	0.000	0.001	0.000	0.001	0.000	0.000	0.000	0.000	0.000	0.004	0.070
Araxá	1.180	2.079	0.191	0.583	0.063	0.014	0.029	0.003	0.012	0.002	0.003	0.000	0.002	0.000	0.047	4.208
Ashram Main	0.495	0.884	0.091	0.314	0.039	0.009	0.021	0.002	0.008	0.001	0.002	0.000	0.001	0.000	0.030	1.898
Ashram MHREO	0.351	0.702	0.080	0.300	0.047	0.012	0.031	0.004	0.015	0.002	0.004	0.001	0.003	0.000	0.062	1.614
Bear Lodge	0.706	1.164	0.132	0.485	0.079	0.018	0.042	0.004	0.011	0.001	0.002	0.000	0.001	0.000	0.035	2.681
Bokan	0.070	0.170	0.020	0.083	0.022	0.002	0.022	0.004	0.025	0.005	0.013	0.002	0.010	0.001	0.153	0.602
Brockmans	0.003	0.013	0.002	0.007	0.005	0.000	0.007	0.002	0.019	0.004	0.017	0.002	0.014	0.002	0.112	0.210
Browns Range	0.016	0.038	0.005	0.024	0.013	0.003	0.034	0.008	0.053	0.011	0.033	0.005	0.027	0.004	0.357	0.630
Buckton	0.005	0.008	0.001	0.004	0.001	0.000	0.001	0.000	0.001	0.000	0.000	0.000	0.000	0.000	0.004	0.026
Buckton South	0.005	0.009	0.001	0.004	0.001	0.000	0.001	0.000	0.001	0.000	0.000	0.000	0.000	0.000	0.004	0.026
Charley Creek (JV)	0.005	0.011	0.001	0.004	0.001	0.000	0.001	0.000	0.001	0.000	0.000	0.000	0.000	0.000	0.004	0.029
Clay-Howells	0.183	0.318	0.032	0.110	0.017	0.004	0.011	0.004	0.007	0.001	0.003	0.000	0.003	0.000	0.036	0.729
Cummins Range	0.468	0.814	0.084	0.273	0.033	0.006	0.020	0.000	0.009	0.000	0.001	0.000	0.000	0.000	0.034	1.740
Dubbo Zirconia Project	0.174	0.328	0.036	0.126	0.019	0.001	0.019	0.003	0.018	0.003	0.010	0.001	0.009	0.001	0.141	0.890
Eco Ridge	0.037	0.071	0.007	0.023	0.004	0.000	0.003	0.000	0.002	0.000	0.001	0.000	0.001	0.000	0.008	0.157
Elliott Lake Teasdale	0.048	0.088	0.009	0.028	0.005	0.000	0.003	0.000	0.002	0.000	0.001	0.000	0.001	0.000	0.007	0.190
Foxtrot	0.183	0.390	0.044	0.160	0.029	0.001	0.023	0.004	0.021	0.004	0.012	0.002	0.010	0.002	0.129	1.014
Glenover (JV)	0.359	0.956	0.122	0.473	0.075	0.019	0.043	0.004	0.016	0.002	0.004	0.000	0.002	0.000	0.054	2.132
Grande-Vallée	0.009	0.019	0.002	0.009	0.002	0.000	0.001	0.000	0.001	0.000	0.001	0.000	0.001	0.000	0.006	0.050
Hoidas Lake	0.491	1.120	0.143	0.494	0.065	0.013	0.030	0.003	0.008	0.000	0.006	0.000	0.001	0.000	0.028	2.402
Kangankunde	1.262	2.109	0.199	0.594	0.045	0.008	0.015	0.003	0.003	0.000	0.001	0.000	0.000	0.000	0.000	4.240
Kipawa	0.057	0.116	0.014	0.053	0.012	0.001	0.012	0.002	0.014	0.003	0.010	0.001	0.010	0.001	0.089	0.395
Kutessay II	0.044	0.052	0.010	0.022	0.011	0.001	0.009	0.004	0.016	0.001	0.009	0.001	0.009	0.001	0.070	0.259
Kvanefjeld	0.301	0.460	0.046	0.141	0.018	0.001	0.012	0.002	0.012	0.002	0.007	0.001	0.005	0.002	0.084	1.095
La Paz	0.008	0.017	0.002	0.007	0.001	0.000	0.001	0.000	0.001	0.000	0.000	0.000	0.000	0.000	0.005	0.044
Lavergne-Springer	0.311	0.536	0.055	0.185	0.022	0.005	0.012	0.001	0.005	0.001	0.002	0.000	0.001	0.000	0.026	1.163
Lofdal	0.021	0.039	0.004	0.016	0.007	0.006	0.026	0.007	0.048	0.011	0.031	0.005	0.029	0.004	0.341	0.591
Milo	0.015	0.026	0.002	0.008	0.001	0.000	0.001	0.000	0.001	0.000	0.001	0.000	0.001	0.000	0.005	0.062
Montviel	0.373	0.710	0.077	0.243	0.025	0.005	0.008	0.001	0.002	0.000	0.001	0.000	0.000	0.000	0.008	1.455
Mount Weld CLD	2.323	4.625	0.502	1.764	0.237	0.052	0.106	0.009	0.024	0.003	0.006	0.001	0.003	0.000	0.074	9.729
Mount Weld Duncan	1.202	1.904	0.230	0.865	0.137	0.037	0.096	0.013	0.061	0.009	0.020	0.002	0.009	0.001	0.250	4.837
Mountain Pass	2.180	3.224	0.282	0.788	0.053	0.007	0.013	0.004	0.003	0.001	0.001	0.001	0.001	0.001	0.007	6.567
Mrima Hill High Grade	2.123	3.051	0.315	1.009	0.128	0.034	0.083	0.010	0.045	0.007	0.017	0.002	0.011	0.002	0.209	7.045
Mrima Hill Main	0.791	1.373	0.144	0.493	0.071	0.020	0.053	0.007	0.033	0.006	0.015	0.002	0.010	0.001	0.189	3.208
Nechalacho Basal	0.232	0.520	0.066	0.259	0.055	0.007	0.049	0.007	0.037	0.007	0.016	0.002	0.013	0.002	0.159	1.431
Nechalacho Upper	0.243	0.566	0.068	0.266	0.049	0.005	0.036	0.004	0.015	0.002	0.005	0.001	0.004	0.001	0.060	1.324
Ngualla	1.136	2.021	0.202	0.683	0.070	0.015	0.032	0.003	0.007	0.001	0.003	0.000	0.001	0.000	0.020	4.193
Niobec	0.425	0.830	0.092	0.321	0.036	0.007	0.017	0.001	0.005	0.000	0.000	0.000	0.000	0.000	0.000	1.735
Nolans	0.501	1.277	0.155	0.539	0.060	0.010	0.026	0.002	0.008	0.001	0.002	0.000	0.001	0.000	0.035	2.620
Norra Kärr	0.057	0.128	0.017	0.067	0.018	0.002	0.020	0.004	0.027	0.006	0.018	0.003	0.017	0.002	0.218	0.605
Olserum	0.083	0.189	0.023	0.090	0.021	0.001	0.021	0.004	0.021	0.004	0.012	0.002	0.011	0.002	0.130	0.617
Round Top	0.002	0.009	0.001	0.003	0.001	0.000	0.001	0.000	0.004	0.001	0.004	0.001	0.006	0.001	0.028	0.063
Sarfartoq	0.371	0.857	0.099	0.323	0.032	0.007	0.017	0.001	0.003	0.000	0.000	0.000	0.000	0.000	0.007	1.718
Serra Verde	0.035	0.054	0.007	0.021	0.004	0.000	0.003	0.001	0.004	0.001	0.002	0.000	0.002	0.000	0.026	0.160
Songwe Hill	0.364	0.659	0.071	0.242	0.035	0.008	0.020	0.002	0.012	0.002	0.004	0.001	0.003	0.000	0.054	1.478
Sørensen	0.306	0.477	0.044	0.129	0.016	0.001	0.012	0.002	0.011	0.002	0.006	0.001	0.005	0.001	0.090	1.102
Steenkampskraal	2.907	6.340	0.717	2.517	0.402	0.009	0.274	0.030	0.140	0.020	0.041	0.004	0.018	0.002	0.579	14.001
Storkwitz	0.124	0.220	0.023	0.064	0.006	0.001	0.005	0.001	0.001	0.000	0.001	0.000	0.001	0.000	0.006	0.452
Strange Lake Enriched	0.150	0.360	0.039	0.140	0.036	0.002	0.039	0.009	0.066	0.015	0.049	0.008	0.051	0.007	0.470	1.441
Strange Lake Granite	0.120	0.270	0.030	0.110	0.024	0.001	0.023	0.005	0.030	0.007	0.021	0.003	0.021	0.003	0.206	0.872
TANBREEZ	0.116	0.217	0.021	0.080	0.015	0.002	0.017	0.003	0.019	0.004	0.016	0.002	0.013	0.002	0.127	0.653
Tantalus	0.017	0.031	0.004	0.013	0.002	0.000	0.002	0.000	0.002	0.000	0.001	0.000	0.001	0.000	0.010	0.082
Two Tom	0.288	0.544	0.056	0.188	0.032	0.003	0.019	0.002	0.008	0.001	0.002	0.000	0.001	0.000	0.038	1.182
Wigu Hill Twiga	2.020	2.560	0.190	0.450	0.026	0.006	0.008	0.001	0.002	0.000	0.000	0.000	0.000	0.000	0.007	5.269
Xiluvo	0.440	0.940	0.100	0.350	0.050	0.010	0.030	0.000	0.020	0.000	0.010	0.000	0.000	0.000	0.080	2.030
Yangibana (JV)	0.312	0.729	0.092	0.309	0.037	0.008	0.019	0.001	0.004	0.000	0.001	0.000	0.000	0.000	0.008	1.523
Zandkopsdrift (JV)	0.497	0.836	0.088	0.297	0.041	0.011	0.025	0.003	0.013	0.002	0.005	0.001	0.003	0.000	0.070	1.894
Zone 3	0.329	0.498	0.047	0.131	0.016	0.001	0.011	0.002	0.011	0.002	0.006	0.001	0.006	0.001	0.099	1.161

Relative Distribution of In-Situ Rare-Earth Oxides (wt%)

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Project	La₂O₃	CeO₂	Pr₆O₁₁	Nd₂O₃	Sm₂O₃	Eu₂O₃	Gd₂O₃	Tb₄O₇	Dy₂O₃	Ho₂O₃	Er₂O₃	Tm₂O₃	Yb₂O₃	Lu₂O₃	Y₂O₃	TREO
Aksu Diamas	25.247	44.469	4.447	14.488	2.008	0.502	1.434	0.186	0.889	0.158	0.445	0.067	0.430	0.063	5.164	100
Araxá	28.053	49.399	4.537	13.849	1.491	0.336	0.684	0.072	0.287	0.040	0.079	0.005	0.040	0.001	1.128	100
Ashram Main	26.108	46.579	4.819	16.565	2.029	0.459	1.097	0.101	0.402	0.053	0.117	0.011	0.069	0.011	1.581	100
Ashram MHREO	21.745	43.496	4.966	18.563	2.942	0.763	1.898	0.221	0.941	0.132	0.274	0.031	0.157	0.019	3.852	100
Bear Lodge	26.347	43.407	4.931	18.084	2.947	0.659	1.559	0.131	0.418	0.047	0.084	0.009	0.051	0.007	1.320	100
Bokan	11.612	28.201	3.318	13.769	3.650	0.332	3.679	0.664	4.147	0.829	2.157	0.332	1.659	0.166	25.487	100
Brockmans	1.618	6.042	0.904	3.473	2.188	0.143	3.568	1.142	8.849	2.046	8.230	1.047	6.613	0.856	53.283	100
Browns Range	2.496	5.997	0.842	3.775	2.122	0.426	5.446	1.221	8.396	1.803	5.217	0.731	4.276	0.586	56.678	100
Buckton	19.001	32.851	4.097	15.684	3.080	0.662	2.611	0.391	2.304	0.469	1.330	0.196	1.330	0.196	15.799	100
Buckton South	18.633	32.587	4.198	15.754	3.079	0.680	2.679	0.440	2.479	0.480	1.399	0.200	1.399	0.280	15.714	100
Charley Creek (JV)	18.070	38.630	4.240	14.930	2.820	0.590	2.390	0.370	2.110	0.410	1.200	0.160	1.030	0.150	12.900	100
Clay-Howells	25.103	43.621	4.390	15.089	2.332	0.549	1.509	0.549	0.960	0.137	0.412	0.000	0.412	0.000	4.938	100
Cummins Range	26.880	46.770	4.800	15.700	1.870	0.360	1.130	0.000	0.490	0.000	0.030	0.000	0.000	0.000	1.970	100
Dubbo Zirconia Project	19.550	36.850	4.030	14.120	2.170	0.080	2.170	0.310	2.020	0.390	1.160	0.160	1.010	0.160	15.820	100
Eco Ridge	23.935	45.277	4.541	14.557	2.514	0.128	1.684	0.255	1.085	0.191	0.447	0.064	0.319	0.064	4.939	100
Elliott Lake Teasdale	25.033	46.359	4.481	14.468	2.405	0.105	1.498	0.210	0.802	0.118	0.329	0.053	0.263	0.053	3.824	100
Foxtrot	18.083	38.496	4.356	15.769	2.850	0.141	2.235	0.364	2.087	0.404	1.142	0.164	1.028	0.158	12.723	100
Glenover (JV)	16.845	44.827	5.747	22.182	3.525	0.889	2.034	0.206	0.772	0.105	0.193	0.019	0.091	0.009	2.556	100
Grande-Vallée	17.594	38.181	4.030	17.076	3.511	0.000	2.015	0.000	2.015	0.000	2.015	0.000	1.496	0.000	12.069	100
Hoidas Lake	20.440	46.610	5.970	20.570	2.710	0.540	1.240	0.110	0.350	0.000	0.240	0.000	0.050	0.000	1.170	100
Kangankunde	29.769	49.729	4.690	14.020	1.050	0.188	0.362	0.070	0.077	0.008	0.020	0.004	0.011	0.002	0.000	100
Kipawa	14.483	29.345	3.555	13.400	3.018	0.375	2.920	0.543	3.494	0.782	2.414	0.375	2.414	0.317	22.565	100
Kutessay II	16.821	20.002	3.842	8.314	4.167	0.234	3.649	1.575	6.241	0.579	3.303	0.254	3.344	0.508	27.167	100
Kvanefjeld	27.500	42.000	4.200	12.900	1.600	0.100	1.100	0.200	1.100	0.200	0.600	0.100	0.500	0.200	7.700	100
La Paz	17.197	38.316	4.382	16.439	3.124	0.780	2.717	0.396	2.081	0.415	1.126	0.148	0.885	0.118	11.877	100
Lavergne-Springer	26.700	46.082	4.728	15.899	1.890	0.451	1.074	0.086	0.472	0.086	0.172	0.000	0.107	0.000	2.254	100
Lofdal	3.566	6.532	0.676	2.628	1.107	0.938	4.334	1.107	8.069	1.783	5.272	0.769	4.842	0.676	57.701	100
Milo	24.311	42.139	3.890	12.966	1.945	0.648	1.621	0.324	1.297	0.324	0.810	0.162	0.972	0.162	8.428	100
Montviel	25.628	48.820	5.269	16.732	1.742	0.344	0.572	0.069	0.159	0.021	0.069	0.004	0.021	0.001	0.551	100
Mount Weld CLD	23.880	47.540	5.160	18.130	2.440	0.530	1.090	0.090	0.250	0.030	0.060	0.010	0.030	0.000	0.760	100
Mount Weld Duncan	24.860	39.370	4.750	17.890	2.830	0.770	1.990	0.260	1.270	0.190	0.410	0.040	0.180	0.020	5.170	100
Mountain Pass	33.200	49.100	4.300	12.000	0.800	0.100	0.200	0.060	0.050	0.020	0.020	0.020	0.020	0.010	0.100	100
Mrima Hill High Grade	30.140	43.301	4.474	14.316	1.815	0.486	1.180	0.137	0.634	0.101	0.237	0.029	0.155	0.021	2.972	100
Mrima Hill Main	24.648	42.795	4.478	15.355	2.222	0.634	1.648	0.211	1.044	0.185	0.465	0.057	0.315	0.044	5.899	100
Nechalacho Basal	16.249	36.357	4.617	18.098	3.827	0.472	3.441	0.509	2.569	0.462	1.116	0.146	0.897	0.140	11.103	100
Nechalacho Upper	18.326	42.748	5.152	20.106	3.716	0.402	2.687	0.281	1.105	0.151	0.378	0.076	0.302	0.076	4.495	100
Ngualla	27.100	48.200	4.810	16.300	1.670	0.350	0.760	0.070	0.160	0.020	0.060	0.000	0.020	0.000	0.480	100
Niobec	24.487	47.862	5.291	18.522	2.072	0.427	0.983	0.078	0.280	0.000	0.000	0.000	0.000	0.000	0.000	100
Nolans	19.128	48.723	5.929	20.584	2.295	0.386	0.990	0.083	0.319	0.045	0.093	0.010	0.056	0.008	1.352	100
Norra Kärr	9.466	21.188	2.756	11.038	2.999	0.367	3.300	0.666	4.509	0.975	3.057	0.463	2.842	0.393	35.980	100
Olserum	13.530	30.715	3.799	14.615	3.381	0.162	3.475	0.649	3.475	0.717	2.015	0.324	1.784	0.324	21.034	100
Round Top	3.736	14.745	1.925	5.253	1.891	0.025	1.869	0.644	5.610	1.422	5.872	1.286	10.227	1.592	43.903	100
Sarfartoq	21.583	49.911	5.747	18.820	1.846	0.406	1.017	0.080	0.196	0.000	0.000	0.000	0.000	0.000	0.394	100
Serra Verde	22.040	33.630	4.180	13.070	2.290	0.130	2.090	0.340	2.220	0.470	1.480	0.200	1.480	0.200	16.170	100
Songwe Hill	24.630	44.602	4.771	16.355	2.382	0.568	1.352	0.164	0.789	0.127	0.302	0.037	0.221	0.030	3.670	100
Sørensen	27.783	43.281	4.029	11.714	1.461	0.127	1.071	0.163	0.971	0.181	0.517	0.073	0.454	0.054	8.121	100
Steenkampskraal	20.762	45.283	5.123	17.980	2.874	0.068	1.954	0.217	0.998	0.143	0.294	0.028	0.129	0.013	4.135	100
Storkwitz	27.380	48.670	5.070	14.190	1.350	0.300	1.120	0.130	0.220	0.070	0.140	0.010	0.120	0.010	1.220	100
Strange Lake Enriched	10.409	24.983	2.706	9.715	2.498	0.139	2.706	0.625	4.580	1.041	3.400	0.555	3.539	0.486	32.616	100
Strange Lake Granite	13.768	30.978	3.390	12.621	2.702	0.115	2.587	0.522	3.463	0.751	2.368	0.344	2.368	0.344	23.680	100
TANBREEZ	17.775	33.251	3.233	12.213	2.344	0.245	2.574	0.460	2.865	0.644	2.390	0.300	2.038	0.283	19.384	100
Tantalus	24.254	35.900	4.621	15.285	2.527	0.280	2.016	0.301	1.737	0.342	0.999	0.142	0.931	0.138	10.526	100
Two Tom	24.365	46.024	4.738	15.905	2.707	0.254	1.607	0.169	0.677	0.085	0.169	0.000	0.085	0.000	3.215	100
Wigu Hill Twiga	38.335	48.583	3.606	8.540	0.493	0.106	0.144	0.016	0.028	0.006	0.009	0.001	0.005	0.001	0.127	100
Xiluvo	21.675	46.305	4.926	17.241	2.463	0.493	1.478	0.000	0.985	0.000	0.493	0.000	0.000	0.000	3.941	100
Yangibana (JV)	20.495	47.883	6.062	20.286	2.455	0.558	1.280	0.094	0.254	0.022	0.034	0.003	0.015	0.002	0.558	100
Zandkopsdrift (JV)	26.243	44.122	4.629	15.698	2.182	0.577	1.315	0.157	0.710	0.106	0.289	0.053	0.184	0.026	3.708	100
Zone 3	28.334	42.876	4.006	11.311	1.361	0.121	0.982	0.155	0.965	0.181	0.534	0.078	0.482	0.060	8.554	100

Underlying data for price calculations are the average monthly China FOB prices for October 2015, per Argus Media Group, and are copyright © 2015 Argus Media Group. All rights reserved. Used with permission under license.

Oct-2015
Other Notes:

Over time, the Index will expand as mineral-resource estimates for additional projects are defined.
The Index includes advanced rare-earth projects known to Technology Metals Research, LLC (TMR), based on public-domain information only. Therefore, it is possible that there are other advanced rare-earth projects currently in development or operation, which are not included in the Index, and / or at the time of the last update, were not known to TMR.
Only advanced rare-earth projects that are fully or partially owned or operated by corporations, or other non-state-run entities, are included in the Index.
At present, the Index does not include any advanced rare-earth projects located in either China or India, because to TMR’s knowledge no such projects exist.
All value estimates (for in-situ REOs within each resource, or the unit basket prices for finished products) exclude Ho-Er-Tm-Yb-Lu oxides from the pricing models.

Disclosures concerning the above companies: Gareth Hatch is neither a shareholder of, director of nor a consultant to any of the companies listed in the TMR Advanced Rare-Earth Projects Index. Jack Lifton is not a shareholder of any of the companies listed above. He is a consultant to Rare Element Resources Ltd., Tasman Metals Ltd. and Ucore Rare Metals Inc. He is a director of AMR Mineral Metal Inc. and Texas Rare Earth Resources Corp. (OTCQX:TRER) (statement current as of November 19, 2015).