Avalon Rare Metals Inc. announced unaudited consolidated earnings results for the three months ended November 30, 2013. For the period, the company reported net and comprehensive loss of CAD 2,249,813 or CAD 0.02 basic and diluted loss per share compared to net and comprehensive loss of CAD 2,528,529 or CAD 0.02 basic and diluted loss per share for the corresponding period last year. Cash used in operating activities was CAD 1,555,255 against CAD 1,417,882 of prior year period.

Purchase of property, plant and equipment was CAD 149,522 against CAD 139,132 of prior year period.