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Strategic metals, strategic locations Mark Saxon – President & CEO

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1 Strategic metals, strategic locations Mark Saxon – President & CEO
TASMAN TASMAN METALS LIMITED Strategic metals, strategic locations Mark Saxon – President & CEO

2 Corporate Disclaimer Some of the statements contained in the following material may be "forward-looking statements." All statements, other than statements of historical fact, that address activities, events or developments that Tasman Metals Ltd. (“Tasman”) believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek," "anticipate," "believe," "plan," "estimate," "expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. These forward-looking statements reflect the current expectations or beliefs of Tasman based on information currently available to Tasman. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of Tasman to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Tasman. Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to successfully complete intended financings, capital and other costs varying significantly from estimates, production rates varying from estimates, changes in world metal markets, changes in equity markets, changes in laws or regulations, uncertainties relating to the availability and costs of financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource estimates, success of future development initiatives, competition, operating performance of facilities, environmental and safety risks, delays in obtaining or failure to obtain necessary permits and approvals from government authorities, and other development and operating risks. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Tasman disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Cautionary Note to U.S. Investors Concerning Mineral Resources and Reserves: In this presentation, the definitions of “mineral resources” are those used by the Canadian securities administrators and conform to the definitions utilized by CIM in the “CIM Standards on Mineral Resources and Reserves – Definitions and Guidelines” adopted on August 20, 2000 and amended December 11, 2005. The standards employed in estimating the mineral resources referenced in this presentation differ significantly from the requirements of the United States Securities and Exchange Commission (the “SEC”) and the resource information reported may not be comparable to similar information reported by United States companies. The term “resources” does not equate to “reserves” and normally may not be included in documents filed with the SEC. “Resources” are sometimes referred to as “mineralization” or “mineral deposits.” While the terms “mineral resource”, “measured mineral resource”, “indicated mineral resource” and “inferred mineral resource” are recognized and required by Canadian regulations, they are not defined terms under standards in the United States and normally are not permitted to be used in reports and registration statements filed with the SEC. The terms “mineral reserve,” “proven mineral reserve” and “probable mineral reserve” are Canadian mining terms as defined in accordance with NI and the CIM - CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as may be amended from time to time by the CIM. These definitions differ from the definitions in the SEC’s Industry Guide 7 (“SEC Industry Guide 7”) under the Securities Act of As such, information contained in this presentation concerning descriptions of mineralization and resources under Canadian standards may not be comparable to similar information made public by United States companies in SEC filings. The estimation of measured, indicated and inferred mineral resources involves greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves. U.S. investors are cautioned (i) not to assume that measured or indicated resources will be converted into reserves and (ii) not to assume that estimates of inferred mineral resources exist, are economically minable, or will be upgraded into measured or indicated mineral resources. It cannot be assumed that the Company will identify any viable mineral resources on its properties or that any mineral reserves, if any, can be recovered profitably, if at all.

3 Tasman’s Corporate Vision
“To provide the foundation to a long lived and sustainable European rare earth element supply chain” REE’s provide the ideal material properties for modern society …..… Efficiency enhancement Weight reduction Access to E - mobility Emission reduction Miniaturisation Durability Performance ..….. a European supply chain will be sustainable, secure and have a low environmental impact, so REE’s can be engineered for generations to come.

4 REE’s – What Are They ? Rare Earth Elements (REE’s) are 15 metals that occur naturally in the environment ; They have unique chemical characteristics that place them in demand for green technology, energy efficiency and medical applications ; 97% of REE supply is currently from Chinese mines ; REE’s are often classed as HEAVY or LIGHT based on chemical characteristics ; HEAVY and LIGHT REE’s have markedly different prices due to availability, cost of production and demand ; REE’s do not occur in nature in same ratio they are consumed. There is no one single market for all REE’s ; RE - Oxide REO Price ($/kg) Light REO Lanthanum (La) $ 8 Cerium (Ce) Praseodymium (Pr) $ 75 Neodymium (Nd) $ 70 Samarium (Sm) $ 20 Heavy REO Europium (Eu) $ 1200 Gadolinium (Gd) $ 49 Terbium (Tb) $ 1100 Dysprosium (Dy) $ 600 Holmium (Ho) N.A. Erbium (Er) Thulium (Tm) Ytterbium (Yb) Lutetium (Lu) Yttrium (Y) $ 28 Source: Metals Pages, May 2013

5 Determining What is Critical
In 2011, US Department of Energy researched supply risks for metals essential to clean energy; The HEAVY REE’s Dy, Tb, Eu and Y, and the LIGHT REE Nd were determined to be at serious supply risk for next 15 years ; Dy, Tb, Eu, Y and Nd are described as the Critical Rare Earths due to restricted supply and low substitution potential. These metals may become unavailable to western industry, regardless of price ; The critical nature of HEAVY REE supply has arisen due to strong consumption growth and a generation of under investment in mineral exploration ; The “barrier to entry” for REE miners/suppliers is significant due to processing and market risks ; Importance to clean energy Supply risk Importance to clean energy Supply risk

6 REE’s – Consumption By Market
Source: IMCOA, November 2012: 2016 Forecast Consumption by Sector % HIGH STRENGTH PERMANENT MAGNETS (37%) Most significant by both volume and value 10 % annual growth forecast Nd, Pr, Dy, Gd, Tb LIGHT EMITTING PHOSPHORS (31%) High value product in smaller volume 7 % annual growth forecast Y, Ce, La, Eu, Tb 2012 Total REO Consumption Estimate – 115,000 tonnes REO market Value US$11 – 15 billion 2016 Total REO Consumption Forecast - 162,000 tonnes 66% Chinese consumption Forecast REO market Value US$15 – 25 billion

7 REE’s – Consumption By Metal
Market Share Price ($/kg) L REO La 25% $ 8 Metallurgy, catalysts, glass, phosphors, ceramics, polishing Ce 39% Polishing, metallurgy, catalysts, glass, phosphors, ceramics Pr 5% $ 75 Magnets, phosphors, ceramics, metallurgy, polishing Nd 18% $ 70 Magnets, ceramics, metallurgy, glass, catalysts, phosphors Sm 1.5% $ 20 Magnets HREO Tb 0.25% $ 1100 Phosphors, magnets Dy $ 600 Y 8% $ 28 Phosphors, ceramics, metallurgy Source: Shaw and Constantinides, November 2012 Heavy REO = 12% Light REO = 88% La Ce Pr Nd Sm Eu Gd Tb Dy Y Other TOTAL Magnets -- 14.6 77.0 1.9 1.5 0.3 4.8 100% Phosphors 8.5 11.0 4.9 1.8 4.6 69.2 Battery Alloys 50.0 33.4 3.3 10.0 Auto Catalysts 5.0 90.0 2.0 3.0 FC Catalysts Metallurgy 26.0 52.0 5.5 16.5 Polishing Powders 31.5 65.0 3.5 Ceramics 17.0 12.0 53.0 Glass 24.0 66.0 1.0 4.0 Others 19.0 39.0 15.0 % of Global REE Market 24.5 39 18 0.25 1 8 Source: Lynas Corp, 2011; Roskill, 2012

8 REE Price History “REE prices will stabilize, reflecting a “new REE paradigm”. This new paradigm shall be based on industrially acceptable pricing, and incorporate the environmental costs of the Chinese REE industry, whilst placing value on a secure REE supply chain.” Source: Metals Pages, 2013 Long Term $2 - 8 Long Term $ Long Term $ Long Term $ Heavy REE pricing is stabilizing at 100 – 300% above 2010 prices. No Western world supply anticipated before 2016 ; Light REE pricing is stabilizing at lower levels, due in part to stable supply from Lynas Corp (11,000 tpa) and Molycorp (19,050 tpa) ; The price peak/scare of 2011 was short-lived, when consumers relied upon stockpiles. Some permanent Ce and La market was lost due to a greater investment in REE recycling in the glass polishing industries ;

9 Application of REE Permanent Magnets
Jack Lifton, REE Industry Commentator : “Norra Karr is the most important deposit in the western world for permanent magnets” Hard Drives Automotive Wind Turbines Air Conditioning Cellular Phones Domestic Medical Power Aeronautical 10 – 30 g REE magnets per unit kg REE magnets per unit Long term low cost supply has lead to the intensive use of REE magnets

10 REE Permanent Magnet Market
REE Permanent Magnet Market Growth – Historical and Forecast US$8.6 b US$17.0 b Source: US Magnet Materials Association, Roskill, Bernecki et al 2010, IMCOA Tonnes REE Magnets 2012 REE permanent magnet production was some 70,000 tonnes, consuming approximately 22,500 tonnes of REO ; 96% of the market is NdFeB magnets, with 0 – 9% Dy content depending on application ; 3% of the market is SmCo magnets, for high temperature applications; 1% of the market is SmFeN magnets, for bonded applications ; REE permanent magnet growth is forecast at % per year ; Ferric magnet market remains 10 x larger by weight than REE magnet market, but less than half the value ;

11 Magnet Use Growing 10% Per Year
REE Permanent magnets “made their market”. Commercialization and price stability has lead to rapid uptake ; Principal traditional markets include: hard drives and CD/DVD drives, automotive applications, electric bicycles, wind turbines, MRI machines ; Chinese production and consumption remain critical due to strong involvement in raw material supply and magnet technology ; Near tear market drivers dominated by existing consumer technologies market drivers are dominated by e- mobility and hybrid vehicle uptake, and further adoption of wind energy ; Source: Roskill,, 2012 Wind Turbine Adoption Stable pricing of rare earth elements is considered key to the greater penetration of permanent magnets. ; Access to dysprosium is seen a critical to many emerging magnet applications. technologies. Dysprosium allows REE permanent magnets to operate at higher temperatures without de-magnetization ; Hybrid vehicles and wind turbines are large consumers of Dy-bearing magnets with between 9% and 4% average Dy. Wind turbine installation has grown at 36% in the past decade, with 60% of turbines now permanent magnet bearing. 2012 consumption of Dy-oxide approximated 1,500 tonnes. Wind turbine forecasts alone require an additional 850 tonnes of Dy-oxide pa by 2020 Tasman’s Norra Karr project can supply 20% of the current Dy demand for more than 50 years ; Magnet Bearing Units Installed - Units Magnet Demand - Tonnes Source: JLMag REE Co, November 2012

12 REE – A Complex Landscape
Confused discussion over Heavy vs Light vs Critical REE’s ; Small market with significant stockpiling ; Opaque pricing causing seemingly volatile pricing ; Chinese “overhang”, what shall they do next…? ; Not commodities, not interchangeable ; Higher technology risk than the rest of mining industry ; No Western “working model” of processing ; Supply can appear 5 x in excess of demand ; Fear of another REE “bubble” ; Lack of discrimination of “real” projects. Comments surrounding “Rare Earths aren't Rare” couldn’t be more wrong ; Market strength lies with the consumers therefore revenue not equally distributed along the supply chain ; Market is highly asymmetric – small emerging Western companies vs Chinese State Enterprises ; Little recognition beyond China/Japan/Korea that “Supply Chain Security” has both a value and a cost ; Over estimates of the role recycling can play and its true energy cost ; Major projects are owned by junior mining companies with no cash flow – creates a significant financing hurdle to proceed ; “When the critical metals are considered, non-Chinese industry does not have secure access to the materials it needs, regardless of price”

13 Steps to REE Production
Stage Comment 1 Discovery and Drill Out Many REE-bearing prospects and occurrences are known world wide Few proceed past surface prospecting and warrant the investment of drilling 2 Understand the Deposit Mineralogy More than 200 minerals are known to host REE’s. Commercial extraction is impossible for most REE’s in only one or two minerals is preferred, as the subsequent process flow sheet is simplified 3 Resource Calculation Once the discovery is confirmed, extensive drilling is required for NI or JORC standard resource calculation. Independent professional review is essential 4 Preliminary Economic Assessment (+/- 30%) Once resource calculation and bench scale metallurgical characterisation is complete, a PEA may be completed for the project The PEA tests the project viability and justifies future investment decisions The opacity of REE pricing ensures a large variation in financial models 5 Pilot Plant Metallurgy Metallurgical testing must increase in scale, to refine flowsheet and produce “near final” product 6 Pre-Feasibility Study Once the resource has been upgraded to Measured + Indicated and metallurgical testing scaled up, a PFS may be completed on the project The PFS captures more robust capital and operating cost information, and provides a more robust view of project economics Technical, engineering, legal, social and environmental impacts need to be considered 7 Strategic Partnership & Off-Take Industrial and financial partners need to receive REE-product to determine value Partnerships and off take agreements are key to the success of the project 8 Bankable Feasibility Study A BFS is required to justify the final investment decision, and must be based on full technical, legal and commercial data to a high standard BFA shall incorporate metallurgical optimisation data, and reserve-stage deposit information 9 Permit Application A wealth of data is required. Environmental and social impact statements must show adverse impact is small and can be managed, and the project is of benefit to the jurisdiction 10 Financing Debt and equity financing of the project must be sought, often in conjunction with industrial partners 11 Engineering, Procurement, Construction As REE projects are sophisticated, skilled EPC consultants are essential to ensure the project is successful Construction is envisaged to take 1 – 3 years 12 First Production Production scales up over time as the project is commissioned

14 Tasman – A Unique Setting
Light REE Resource Project Heavy REE Resource Project

15 In-situ REO grade shown as %
Significant REE Projects - Resources Mt Weld Mnt Pass Bear Lodge Zandsko-psdrift Strange Lake Nechala-lacho Kipawa Dubbo Bokan Lofdal Norra Karr Owner ASX:LYC NYSE:MCP TSX.V:RES TSX:FRO TSX:QRM TSX:AVL TSX.V:MAT ASX:ALK TSX.V:UCU TSX:NRE TSX.V:TSM Country AUST USA S.A. CANADA NAMIBIA SWEDEN Market Capitalization $1.3 B $0.98 B $79 M $46 M $31 M $105 M $20 M $210 M $38 M $18 M $52 M Resource (T) 14.95 31.55 51.71 42.48 20.02 125.72 24.45 73.20 3.67 1.65 58.10 TREO % 9.73 6.57 2.75 2.23 1.44 1.43 0.42 0.89 0.75 0.59 HREO % 2.8 % 0.5 % 3.4 % 7.2 % 37.8 % 13.2 % 33.3 % 22.5 % 39.0 % 85.2 % 52.0 % Contained TREO (M tonnes) 1454 2072 1423 948 288 1795 103 651 28 10 343 Contained HREO (M tonnes) 40.7 10.3 48.3 68.2 108.8 236.9 34.2 146.4 10.9 8.5 178.3 Basket Price April13 $37 $24 $40 $41 $65 $58 $62 $44 $61 $104 $68 Rare Earth Oxide REO Price In-situ REO grade shown as % LREO Lanthanum $ 8 2.32 2.18 0.80 0.70 0.13 0.20 0.06 0.17 0.08 0.02 Cerium 4.63 3.22 1.31 1.22 0.27 0.46 0.33 0.22 0.04 0.14 Praseodymium $ 75 0.05 0.28 0.15 0.03 0.00 Neodymium $ 70 1.76 0.79 0.54 0.44 0.11 0.23 0.07 Samarium $ 20 0.24 0.01 HREO Europium $ 1200 Gadolinium $ 49 Terbium $ 1100 Dysprosium $ 600 Holmium N.A. Erbium Thulium Ytterbium Lutetium Yttrium $ 28 0.09 0.19 0.34 0.21 “Norra Karr is one of the largest and highest grade heavy REE projects know in the world today. It will be a globally significant supplier of Dy, Y, Tb, Nd and Lu for generations”

16 Tonnes of planned REO production per annum
Significant REE Projects - Production Mt Weld Mnt Pass Bear Lodge Zandsko-psdrift Strange Lake Nechala-lacho Kipawa Dubbo Bokan Lofdal Norra Karr Owner ASX:LYC NYSE:MCP TSX.V:RES TSX:FRO TSX:QRM TSX:AVL TSX.V:MAT ASX:ALK TSX.V:UCU TSX:NRE TSX.V:TSM Country AUST USA S.A. CANADA NAMIBIA SWEDEN Market Capitalization $1.3 B $0.98 B $79 M $46 M $31 M $105 M $20 M $210 M $38 M $18 M $52 M Est Capital Cost $900 M $450 $350 $1200 M $300 M $1000 M n.a. Est Operating Cost $11 $11* $10 $13 $17 Current Stage OPERATE DFS PFS PEA Anticipated Production 2013 2017 2016 2015 Rare Earth Oxide REO Price Tonnes of planned REO production per annum LREO Lanthanum $ 8 2,622 6,310 2,775 5,083 1,733 1,896 767 937 182 668 Cerium 5,234 9,320 4,544 8,833 3,600 4,371 1,643 1,818 554 1,503 Praseodymium $ 75 565 810 520 901 400 544 219 220 69 191 Neodymium $ 70 1,839 2,286 1,873 3,154 1,467 2,125 716 267 755 Samarium $ 20 271 145 277 462 209 110 70 199 HREO Europium $ 1200 56 26 118 25 7 Gadolinium $ 49 124 43 139 288 172 708 211 Terbium $ 1100 11 3 34 133 23 12 42 Dysprosium $ 600 22 10 35 154 100 80 283 Other N.A. 294 162 341 612 933 310 329 78 652 Yttrium $ 28 79 29 104 814 3,067 433 1,205 771 434 2,307 TREO Total Output 11,000 19,000 10,400 20,000 12,000 10,000 5,257 4,908 2,464 6.637 HREO Total Output 588 274 688 2,020 4,800 1,064 1,862 911 1,321 3,520 Tasman’s Norra Karr project has one of the lowest capital costs to production due to extensive existing infrastructure ; Tasman’s high proportion of heavy REO means a modest TREO production rate allows major Dy, Y, Tb output ; Norra Karr’s unusually low contribution of the low value metals La, Ce, Sm means a high basket price, and no significant exposure to the metals that are moving over supply in 2013/14;

17 Significant REE Projects – Weight vs Revenue
Production Contribution vs Revenue Contribution for Major Projects Mt Weld Mnt Pass Bear Lodge Zandskopdr Strange Lk Nechalacho Kipawa Dubbo Bokan Norra Karr At 50%, Tasman’s Norra Karr project has the highest proportion of the Critical REE’s (Dy, Tb, Eu, Nd) of all advanced REE projects ; Tasman’s Norra Karr project has the highest revenue exposure to the higher value Critical REE’s of all advanced REE projects ; Norra Karr has little revenue exposure to the REE’s forecast to fall into oversupply in 2013/14 (Ce, La); Source: TMR, 2013 Critical REE’s (Dy, Tb, Eu, Y, Nd) Mid-Value REE’s (Pr, Gd) Low-Value REE’s (La, Ce, Sm) Relative Production Weight for Each Project Shown as Left Bar. Relative Revenue Contribution for Each Project Shown as Right Bar

18 Sweden – A Mining Country
Very well developed mining industry. In the EU27, Sweden is #1 for Gold, Lead, Iron; #2 Zinc, Silver; #3 for Copper; Aitik mines 45 M tonnes pa ; Highly efficient industry therefore low mining costs, plus very supportive of green-tech industry ; Low corporate tax rates at25%, mining royalty only 0.25%, streamlined Mining Act ; Consistent top 4 ranking in Fraser Institute “Investment Climate” Survey (2nd in 2012) ; World renouned development and manufacture of mining and mineral processing equipment ; Strong focus on optimal use of resources and resource sustainability ; Skilled people widely distributed – no need for “ex-pat” workforce ; Scandinavia is the “home of REE’s” as most were discovered there, including some on Tasman’s projects ; Per Teodor Cleve Carl Gustaf Mosander

19 Excellent Market Access
CHEMICAL PLANT MAJOR PORT MAJOR MINE NORRA KARR OLSERUM Sweden is a net exporter of sulphuric acid, one of Tasman’s key process requirements. Sulphuric acid is transported regularly on the train line that passes Norra Karr 0.25 km Intrusion outline 100 km

20 Infrastructure Equals Low Cap-Ex
Major road close to Norra Karr project Easy all year round drilling and site development Forest roads transect the mineralized intrusion “Volvo geology”, no helicopters, barges, planes

21 Norra Kärr 6800 TPA REO Scenario
MINING BENEFICIATION Open pit, 0.8 LOM strip ratio 1.5 million tpa mining = > 40 year mine life to 200m depth Crush + Grind Flotation Magnetic Sep TAILING MANAGEMENT FACILITY 50% of Mass Feldspar/Nepheline product 90% beneficiation recovery HYDROMETALLURGY 25% of Mass Aegerine product Solid / Liquid Filtration Sulphuric Acid Digestion of REE Minerals Room Temp + Pressure 15% of Mass Neutralised product Neutralise with limestone 90% hydromet recovery Purification Precipitation : 15000 T Zr Carbonate 6800 T REE Carbonate Effluent Treatment and Disposal Reverse osmosis Transport by existing rail or road to separation facility

22 PEA Financial Highlights
“Tasman’s Norra Karr project is very financially robust, due to the high value heavy REE output, ambient temperature/pressure processing and the excellent existing transport and skills networks that Sweden can offer” $1,464 million before-tax value (NPV at 10% discount rate) determined by independent consultants; 49.6% before-tax Internal Rate of Return (IRR); Before-tax payback period of 2.6 years; $5.3 Billion in revenue over the first 20 years and $10.9 billion over the 40 year life of mine; Initial capital expenditures of $290 million (includes contingency of $66.8 million or 30%) Average annual operating expenses of $74.3 million or $10.93 per kg of mixed TREO concentrate output; Conservative basket price of US$51 per kg versus current China FOB basket price of US$78.24

23 % of Revenue Contribution Financial Model Price $/kg
Metal Production and Revenue Magnet Metal Lighting Metal Annual Metal Output % of Revenue Contribution Financial Model Price $/kg La Oxide 668 Tonnes 1.96 % US$10 Ce Oxide 1503 Tonnes 2.21 % US$5 Pr Oxide 191 Tonnes 4.21 % US$75 Nd Oxide 755 Tonnes 16.64 % Sm Oxide 199 Tonnes 0.53 % US$9 Eu Oxide 25 Tonnes 3.63 % US$500 Gd Oxide 211 Tonnes 1.86 % US$30 Tb Oxide 42 Tonnes 12.05 % US$975 Dy Oxide 283 Tonnes 43.36% US$520 Ho Oxide 56 Tonnes 0 % US$ 0 Er Oxide 180 Tonnes Tm Oxide Yb Oxide 167 Tonnes Lu Oxide Y Oxide 2,307 Tonnes 13.56 % US$20 Zr Oxide 14,230 Tonnes 14.1 % $3.71

24 Norra Kärr : Very Low Radioactivity
“Tasman’s Norra Karr project is unusually low in radioactivity, well below even the level of agricultural fertilizer sold in Sweden. The rock is clean enough to be considered for domestic building materials. By-product markets are being considered.” IAEA “Usually Unnecessary to Regulate” = < 1 Bq/g Swedish Fertilizer = Bq/g Alum Shale = >1.6 Bq/g Norra Karr = Bq/g Becquerel per Gram

25 Norra Kärr : Project Timing
2010 2011 2012 2013 2014 2015 2016 Discovery Resource INFERRED INDICATED MEASURED Metallurgy PP PP PP = Pilot Plant Scoping Pre-Feasibility Feasibility Engineering Construction Production Permitting ML APP Mine Lease and Extraction Permit Application/Granting EXTRACT APP Partner Development

26 Secure European Supply Chain
CRUSHING, GRINDING, BENEFICIATION PURIFICATION AND PRECIPITATION ACID DISSOLUTION SEPARATION TO RE-OXIDES MINING transport Recycling opportunities FINAL PRODUCT ASSEMBLY 10% pa growth END OF LIFE RECYCLING MAGNET PRODUCTION MAGNET ALLOY METAL MAKING Nd, Pr, Dy, Gd, Tb (powder metallurgy) (vaccum melting) (molten salt electrolysis) HIGH STRENGTH MAGNET PRODUCTION LIGHT GLOBE ASSEMBLY PHOSPHOR APPLIED AS COATINGS 7% pa growth END OF LIFE RECYCLING PHOSPHOR POWDER Y, Ce, La, Eu, Tb LIGHTING PHOSPHOR PRODUCTION “….rare earth elements are the invisible metals of modern society. Their unique physical properties include strong magnetism, fluorescence, ignition at high temperature and high melting and boiling points. It is these unique characteristics that has lead to today being embedded in modest amounts in most modern appliances. REE’s provide access to a 2 trillion dollar supply chain…” METALLURGY CERAMICS CATALYSTS POLISHING

27 Standing out from the Crowd
Canadian company focused on “high-tech” metals in particular Rare Earth Elements (REE) in Europe ; Tasman owns 100% of the only NI REE resources within the European Union ; Flagship project is Norra Karr. 4th largest heavy REE deposit in the world. One of the highest percentage of HREE to TREE at over 50%. Will supply 300 tonnes of dysprosium oxide and 2000 tonnes of yttrium oxide annually; Secondary project is Olserum, with a simple mineralogy supporting a well established flow sheet ; Projects have excellent on site infrastructure with power, roads and water on site as well as rail within 20km. Sweden is a mining country ; Norra Karr has a 40 year mine life or more. Deposit remains open at depth. Recently published very positive PEA – NPV of $1.5 billion with conservative metal pricing ; Norra Karr gives Europe the opportunity to be the leader in HREE from 2016 ;

28 Vice President, Corporate Development
TASMAN TASMAN METALS LIMITED CORPORATE OFFICE FOR MORE INFORMATION Suite 1305 1090 West Georgia St Vancouver, BC V6E 3V7 CANADA Ph: +1 (604) Fax: +1 (604) Mark Saxon President & CEO Jim Powell Vice President, Corporate Development

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