Investor Presentaiton
MOTZFELDT: HIGH-VALUE RARE EARTHS
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18% of Aries Resource of 884,000 t TREO comprised of high value Neodymium,
Praseodymium and Dysprosium
Production in China peaked in 2010 when they produced 95% of the world's REES
Increase in demand for REES has allowed for mines outside of China including the USA
and Australia to restart REE production
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Uses: electronic devices including computers, batteries, mobile phones, lighting and
many renewable energy producers
Neodymium/Praseodymium/Dysprosium: used in high-intensity permanent magnets
for electric cars and wind turbines (~ 2t of REE per large turbine)
Praseodymium: also an alloying agent for high-strength metals used in aircraft engines
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The REE market is expected to grow at a CAGR of ~8% between 2019-2024 (Roskill)
Neodymium demand is expected to show the greatest increase in demand due to its
use in the rapidly growing EV market (Roskill)
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