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Uranium and Rare Earth Elements Exploration in Canada

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Message: REE prices rise

The following table illustrates the change in prices for each of the most commonly traded rare element oxides based on data reported by Metal-Pages(TM), and Asian Metal(TM) on an 'USD FOB ex-China per kilogram' basis. For simplicity, the prices documented are the mid-points between the bid and the ask prices on the reference dates.

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       Rare Earth Oxide   As of Jan 5 2010  As of Aug 5 2010  %Increase
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Heavy    Europium               485               590            22
Rare     Terbium                365               605            65
Earths   Dysprosium            117.25           286.50          144
         Yttrium                10.25            34.50          236
         Gadolinium             6.75             40.00          490
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Light    Neodymium             22.50             55.25          145
Rare     Praseodymium          21.50             54.50          155
Earths   Lanthanum              5.60             33.50          500
         Samarium               3.95             31.80          720
         Cerium                 4.15             33.00          695
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