Investor Presentaiton

Production- Rare Earth Elements 70% 60% 60.63% 50% Share of global production 40% 30% ..... 20% 10% 0% China 15.52% United States 9.38% 7.94% 2.89% 1.15% 1.05% 0.97% Myanmar Australia Thailand Madagascar India 0.18% 0.14% 0.04% 0.11% Russia Brazil Vietnam Burundi Rest of world © Statista: Investor Presentation October 2022 https://www.statista.com/statistics/270277/mining-of-rare-earths-by-country/ China produced more than half of the total global rare earth oxide in 2021- 168,000 tonnes Australia's production comes from Lynas Mt Weld mine in Western Australia www.desertmetals.com.au mm

View entire presentation