DEVELOPING STRATEGIC LITHIUM DEPOSITS Sonora Lithium Highlights Key Facts London Stock Exchange Listed (AIM:REM) CURRENT STATUS  Contains one of the largest clay hosted lithium deposits in the world  Current mineral resources are approximatley 2.4 million tonnes of LCE  Initial economic study 20 year mine life  Production 35,000 tonnes per annum of battery grade LCE www.rareearthmineralsplc.com Management Chairman- David Lenigas Finance Director – Donald Strang NED – Adrian Fairbourn CEO- Kiran Morzaria Location – Sonora province Mexico, strong pedigree of mining and more recently car manufacture. Ford stamping and assembly plant for Ford Fusion. Deposit – Large deposit (2.4 million tonnes LCE) size with only ¼ of mineral concession explored. Economics – strong NPV values on initial economic study. Simple geology and mining and relatively high grade will put this project in the lower quartile of costs. OWNERSHIP  Sonora Project consist of the following key concessions o La Ventana (REM ownership 5.45%) o El Sauz (REM ownership 30%) o Megalit (REM ownership 10%) Large Resource Capex Production Excellent Economics Life of mine and expansion LOCATION The project is based approximately 150 miles south of the United States border and 100 miles east of Hermosillo. Sonora Project Summary  La Ventana – 60.2 million tonnes of ore, 1.6% LCE, 930,000 tonnes of LCE  El Sauz, Fleur – 88.3 million tonnes of ore, 1.68% LCE, 1,480,000 tonnes of LCE  US$ 114 million  35,000 tonnes per annum battery grade LCE  Net Present Value: US$ 848 million  IRR: 138%  1.9 year payback  Current life of mine 20 years – however El Sauz, Fleur not included, awaiting PEA in April.  Targeting upto 50,000 tonnes per annum battery grade LCE of 30-40 year mine life (Left) Lithium bearing clay deposit exposed on roadside capped by basalts Based on PEA forecast production – currently one of the lowest cost producers and in the upper quartile of LCE production in the market. Lower Quartile Producer   US$ 1,983 / tonne of LCE 35,000 tonnes per annum $6,000 Ganfeng Lithium $5,000 Cost per tonne of LCE mined Galaxy Resources Xinjiang Haoxing Tianqi Lithium Qinghai Lanke CITIC Guoan Canada Lithium $4,000 FMC Lithium Orocobre $3,000 Tibet Zabuye Sonora Lithium (Current) SQM Rockwood $2,000 $1,000 $0 In a Growing Market   Lithium demand is forecast to grow from current levels of 150,000 tpa 500,000 tpa by 2025 (source Signum Box). Future lithium demand is projected to grow at 9.7%pa with the battery market forecast to grow by 21%pa (source Roskill Information Services) 50,000 100,000 150,000 Cumulative Annual Production (Tonnes) LCE 200,000 250,000