Issue of Equity/Dealings by Directors

For Immediate Release: 8 June 2011 Emerging Metals ("EML" or the "Company") Issue of Equity/Dealings by Directors The Company is pleased to announce that, following a board meeting on 27 May 2011, it yesterday allotted 4,618,173 new ordinary shares of nil par value in lieu of salary and fee payments to directors. The new shares have been issued in respect of 100% of Directors' remuneration at month end mid-market prices/ exchange rates (USD/GBP) in respect of the eight month period October 2010 through May 2011. The volume weighted average issue price in respect of each director was approximately 2.8113p. Application will be made for the new ordinary shares, which rank pari passu in all respects with the Company's existing ordinary shares, to be admitted to trading on AIM which is expected to occur no later than 14 June 2011. Following the issue, the Company's total issued ordinary share capital will be 360,187,559 Ordinary Shares. The number of shares issued in respect of each director is as set out below: Name Number of new Resultant holding of Percentage of shares Ordinary Shares enlarged share capital Mitch Alland 596,050 6,283,861 1.74% Denham Eke 2,233,973 5,759,136 1.60% Patrick Weller 596,050 4,468,784 1.24% Steve Dattels* 596,050 21,820,313 6.06% James Mellon** 596,050 31,333,493 8.70% * - Stephen Dattels' entire shareholding is held by Yvoire Investments Limited, which is beneficially owned by Stephen Dattels. ** - Jim Mellon's shareholding is held in part by himself and in part by Galloway Limited, a company which is indirectly wholly owned by the trustee of a settlement under which Jim Mellon has a life interest. For further information Emerging Metals Religare Capital Evolution GTH Communications Limited Markets Securities Limited Denham Eke Peter Romil Patel Toby Hall Trevelyan-Clark Tim Redfern Christian Pickel Emily Staples +44 (0) 1624 639396 +44 (0) 20 7444 +44 (0)20 7071 4300 +44 (0) 20 3103 0800 3902