Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-14

Guys

This ANN should be well received by the market
Its a great result for AGY and its Management

92% Construction Completed
41% Commissioning Completed

I know all LTHs have been waiting for many many year and now we find ourselves at and near the top of the precipice with this operations almost ready to go

into Full On Production - Once in a lifetime opportunity

A Transformational Year is on our doorstep and am looking forward to the uptake in the Marketplace

One of Three Companies going into full on Production in this Industry this year and AGY is opening in first place - now that is something to salivate over

Any Companies looking to go into production in the future who are still in Exploration could be up to several years away from Production at least

For any Company looking to go into Production who doesn’t have design complete, Building Permits Submitted let alone fabrications and the spiralling building costs are up for huge delays in Constructing and budgeting Cost - Lots of pain to follow these Companies

AGY are in the best position to take a maximum position in the Market/Industry

Good luck to all Genuine LTHs and Investors

Transformational Years ahead For all IMHO

Regards

Red Adair