TRU Rare Earth Elements

TRU Rare Earth Team has probably the strongest rare earths consulting capability in the western world - The team members each have several years experience with existing rare earth metal REM producers in China and the west as senior management, rare earth chemicals process engineers, mixed REE chemicals separation (box-type extraction), rare earth mineral ore process separation or concentration, RE geologists or mining. TRU Rare Earth Team members have assessed rare earth resources, designed and engineered rare earth mines / mining, mineral processing and rare earth REE final product plants. We are rare earth consultants with a comprehensive capability in rare earth metals project development that can build your project from rare earth resource through to high tech rare earth metals.

Our scope of work includes rare earth elements geology, rare earth mine & plant engineering, feasibility studies, rare earth extraction, REE process development, resource / process evaluation, testing and company due diligence for investors in the rare earth industry. In addition, we have worked in the development on new high tech applications for rare earth elements REE's and Heavy Rare Earth Oxide HREO. TRU rare earth consultants is very well connected in China and uses experts and laboratory capabilities that are more available in China than in the west to complement our strong North American based capability. (China controls more than 90% of global production of rare earth elements and REE heavy metals).

TRU Rare Earth Team is in 2012 undertaking laboratory experimentation and process pilot testing of ore samples as part of a detailed feasibility study for the development of a major north american based REE resource and REE rare earth oxide, REE carbonates and rare earth metals plant. Several production process options were engineered and simulated to test the best technical and financial outcome. TRU developed the mixed rare earth chemical process and individual RE separation method (using the box-type extractor for Oxalate / Carbonate precipitation). TRU Box-Type Extractor for REEThe rare earth mining, mineral processing and rare earth oxide plant was designed and engineered. Plant equipment was specified suppliers & quotations obtained for the main items. A full financial assessment for various options was performed. Importantly, rare metal product marketing, pricing, rare earth metal price forecast, and competitive issues were studied and a strategy developed. The plant was positioned against China rare earth exporters, and main near term western contenders Molycorp (Mountain Pass, USA) and Lynas (Mount Weld, Australia).

In another assignment recent assignment, the TRU Rare Earth Team identified and assessed promising heavy rare earth metals development projects of over seventy under development in the west and ranked them according to clients criteria such as resource, products, manufacturing process options, operating costs, capital investment, utilities and management. In particular TRU rare earth metals consultant assessed the west's capability to supply REE needed for high tech electric vehicles and batteries. We evaluated processing amenability and compared costs of various producers compared to China. We determined their competitiveness with REE producers in China. This was focused on heavy rare earth elements HREE (examples, Dysprosium Dy, Europium Eu, Terbium Tb, Yttrium, Y) used in permanent magnets for electric motors. Indeed, TRU has sound consultancy capability in all aspects of rare earth metal and rare earth metal alloy smelting. In 2012 TRU is currently undertaking a major market study of the rare earth metals industry in order to develop a supply-demand forecast of individual REE's and also a long term rare earth price forecast 2020.

The TRU Rare Earth Team has also worked in the applications for REE's. TRU assisted a company to introduce scandium metal and technology (from Russia) to the west. Scandium had long been used in high tech aerospace in the former Soviet Union. TRU president was VP Operations with a manufacturer of erbium doped optical fiber and photonic optical amplifiers (edfa) for telecommunications networks.

As rare earths is a designated TRU Frontier Industry we also work extensively in related sectors such as lithium.

REE DEFINITION: The definition of rare earths elements usually encompasses the elements of the periodic table from Atomic Number 57 to 71 (the Lanthanide series) and may alternately include or exclude one or more of several elements, namely Scandium (Sc), Yttrium (Y), Lanthanum (La) or Lutetium (Lu). Likewise heavy rare earth elements (HREE) may also include certain elements based on their common mineral occurrence or chemical properties. TRU has adopted the definition of REE to include all elements in the Lanthanide series (Atomic Number 57 to 71) as well as Yttrium (Atomic Number 39). Elements belonging to the HREE subcategory include some of the Lanthanide elements from Atomic 62 to 71 as well as Yttrium. HREE + Y = Samarium • Europium • Gadolinium • Terbium • Dysprosium • Holmium • Erbium • Thulium • Ytterbium • Lutetium • Yttrium. Non-HREE = Lanthanum • Cerium • Praseodymium • Neodymium • Promethium.

TYPICAL REE MINERALS: Aeschynite • Bastnasite • Eudialyte • Euxenite • Fergusonite • Gadolinite • Loparite • Monazite • Monsadrite • Orthite • Parisite • Priorite • Samarskite • Synchysite • Thorite • Xenotime • Yttrocerite

TRU Rare Earth Team Engineering & Design is by American, Canadian or European certified licensed Professional Engineers and "Qualified Persons" Stock Market securities regulations (SEC USA NI 43-101 JORC)

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You Can Meet TRU at:
Asian Metal 2012 International Rare Earth Summit, San Francisco, California from May 9-118 2012 : If you would like to meet at this conference please call Edward R Anderson President & CEO, on my cell 1-520-229-7836 or email me personally at: anderson@trugroup.com

- International Rare Earths Conference Kowloon Shangri-La Hotel, Hong Kong November 2012