Rare Element Resources
Bear Lodge Project
Canadian NI 43-101 PFS Technical Report
October 9
th
, 2014
10035-200-46 - Rev. 0
27-13
“Market review on rare earth luminescent materials in China and outlook”, Zuo Haibo, China
Rare Earth Market Conference, Ruidow Metals, Ganzhou, China, March 10-12, 2014
“Market review on NdFeB in 2013”, China Rare Earth Market Conference, Ruidow Metals,
Ganzhou, China, March 10-12, 2014
“Rare Earths & Yttrium: Market Outlook to 2015, 14th Edition 2011”, Roskill Information
Services, 2011
“Recycling: Rarely So Critical”, Waste Management World, volume 12, issue 5, 2011
“The future of rare earth recycling”, scienceline.org, March 3, 2014
Chapter 20
N/A
Chapter 21
Knight Piesold provided the PUG closure cost ($8,669,000).
Knight Piesold provided the Upton site closure cost ($7,837,000) which includes 2 feet
(0.61 meters) of radon cover over the tailings facility.
Tables provided by (Roche, Capital Cost Estimate, Revision I)
Capital Cost Estimate Summary
Summary of Yearly Mine Direct Capital Expenditures
Physical Upgrade Plant Direct Capital Cost Summary, ($000s)
Hydromet Plant Direct Capital Cost Summary, ($000s)
Mine Labor Cost, (Golder, Bear Lodge Econ Tables July 30th, 2014 – Rev. 03)
PUG Labor Cost, (Roche, YBY PUG Optimized OPEX 8-4-14, R2)
Hydromet Labor Cost, (Roche, YBY R2 – Aug 2014)
TSF Labor Cost,
Golder, Copy of Revised TSF Quantities and Cost Estimate_Rev5_1 Aug 14)
Bear Lodge Project: Operating Cost Estimate Summary,
(Roche, PFS Financial Analysis 8-28-2014 Rev. O)
