Press Release: Rare Earths Americas Launches -2

-------------- ----------- ----------- --------------- ----------- ----------- --------------- ----------- DyTb (% TREO) 2% - 1% 1% 1% 3% ----------------- ----------- ----------- --------------- ----------- ----------- --------------- ----------- Definitive Definitive SK-1300 SK-1300 Feasibility Feasibility Feasibility Stage Resource Exploration Resource Study Study Operational*** Study ----------------- ----------- ----------- --------------- ----------- ----------- --------------- ----------- Initial Initial Initial Assessment Resource Assessment Underway, Estimate Underway, Life of Mine targeting targeting targeting (LOM) 1Q27 2027 mid-2027 (years) publication publication publication 25 23 20+ 18 ----------------- ----------- ----------- --------------- ----------- ----------- --------------- ----------- DyTb LOM Avg. Annual Production (tpa) 126 127 193 183 ----------------- ----------- ----------- --------------- ----------- ----------- --------------- ----------- NdPr LOM Avg. Annual Production (tpa) 2,841 3,862 1,700-1,800 1,191 ----------------- ----------- ----------- --------------- ----------- Y LOM Avg. Annual Production Not (tpa) 1,160 623 1,534 Disclosed -------