Investor Presentaiton

Rare earth elements uses . The sudden REE boom reflects these elements' unique optical and magnetic properties (Adler and Müller, 2014) Roskill (2021) reports that rare earth permanent magnets, magnets, the largest single end use, accounted for 29% of total demand in 2020 By 2030, magnets are predicted to constitute approximately 40% of total demand • Demand for key magnetic REES may far exceed supply by the end of this decade (Alves Dias et al., 2020; Barrera, 2021) 60 144.243 Nd Neodymium [Xe]4f46s2 Lanthanides 59 140.908 Pr Praseodymium [Xe] 4f36s2 Lanthanides Permanent Magnets 38% Catalysts 23% Glass Polishing Powder and Additives 13% Metallurgy and Alloys 8% Battery Alloys 9% Ceramics, Pigments and Glazes 5% Phosphors 3% Other 4% 65 158.925 Tb Terbium [Xe] 4f⁹6s² Lanthanides 66 162.500 Dy Dysprosium [Xe] 4f16s2 Lanthanides. Investor Presentation October 2022 Source: https://www.nrcan.gc.ca/our-natural-resources/minerals-mining/minerals-metals-facts/rare-earth-elements-facts www.desertmetals.com.au m

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