U.S. SALES & ADMINISTRATION: 10884 WEYBURN AVE. LOS ANGELES, CALIFORNIA  90024

June 25, 2007

PRESS RELEASE

 FOR IMMEDIATE RELEASE

AMERICAN ELEMENTS ANNOUNCES EXPANDED HAFNIUM PRODUCTION CAPACITY

[ July 25, 2007, Los Angeles, CA ] American Elements announced the further expansion of its hafnium separation and production facilities to meet growing demand for the metal, hafnium oxide and other hafnium containing engineered and advanced materials.

The new production capacity will affect deliveries beginning in Q4 2007 however orders from existing and new customers for deliveries in October are being processed now. This will expand American Elements’ production of all hafnium products including hafnium metal and alloys, hafnium oxide, other hafnium compounds, such as hafnium chloride, hafnium carbide and hafnium nitrate, crystal materials such as hafnium telluride and hafnium selenide, and thin film coating materials for evaporation and deposition such as hafnium sputtering targets, hafnium rod, pellets and foil.

This expanded availability of hafnium forms will advance the use of hafnium to replace polysilicon as the principle gate or electrode in metal oxide semiconductor field effect transistors (MOSFETs) and the development of high-k materials which can function as di-electric gates smaller than 10 angstroms.

For further technical and pricing information on American Elements products, please visit us at www.americanelements.com or contact your local American Elements distributor or American Elements U.S. corporate headquarters at (1)310-208-0551, FAX (1)310-208-0351 and sales@americanelements.com. American Elements is America’s leading manufacturer and supplier of rare earth and other advanced material products with distribution offices in Europe, Asia, South America and India.