Attached please find a press release on: There have been further significant increases in the prices of Rare Earths quoted by Metal Pages, UK. These new prices have increased the value of 1 Kg of Nolans Rare Earth mix to US $43.00. This represents a 255% increase since December 2009 and a record high by some margin.

Prices have moved upwards significantly since China announced reductions in Rare Earth export quotas for the second half of 2010. Prices of all rare earths have increased. In particular, the prices of the lighter Rare Earths, Lanthanum and Cerium, have increased markedly as exports of these from China have been reduced.