2021 is a year of great significance in China's developing history and the beginning of China's 14th Five-year Plan. In the face of the complex environment of century changes and century epidemic, China's cadres and workers in the tungsten industry stick to their original intention, forge ahead, continue to consolidate the stable and good development trend, firmly continue the good trend of steady growth, firmly grasp the established direction of high-quality development, and restore the growth of product output, profits and taxes, Operating income reached a record high, key projects were promoted in an orderly manner, the industrial structure was continuously optimized, new achievements were made in scientific and technological innovation, brand building was fruitful, and new progress was made in greening and intellectualization.

Neo Performance Materials Inc. is a near fully integrated Canadian company that processes mixed rare earths concentrates to produce separated individual rare earth elements (REEs) and specialized mixed REEs to produce rare earth metals, alloys, and magnets.

Advance Notice on Convening

CHINA TUNGSTEN EQUIPMENT INDUSTRY FORUM (CTEIF)

China Tungsten Industry Association (CTIA)

MP Materials (NYSE: MP) announced record quarterly revenues, net income, and adjusted EBITDA due to higher rare earth prices, production, and sales volumes in Q1 of 2022. The company stated that rare earth production in the first quarter of 2022 (10,828 tons) was 10% higher than in Q1 of 2021 (9,849 tons) due to increased production efficiencies resulting from improved ore feed rates and recoveries, as well as slightly longer plant uptime.