THUNDER BAY, ONTARIO--(Marketwire - June 9, 2011) - Rare Earth Metals Inc. ("Rare Earth Metals", "RA" or the "Company") (News - Market indicators) (OTCQX:RAREF) is pleased to announce that Jack Lifton will join the Company as an advisor/consultant to help raise the Company's visibility in the market, as well as to advise on corporate strategic matters. Mr. Lifton is a Founding Principal of Technology Metals Research, LLC. He is also, as Jack Lifton LLC, a consultant, author and lecturer on the market fundamentals of the technology metals, a term that he coined to describe those strategic rare metals whose electronic properties make our technological society possible. These include the rare earths, lithium and most of the rare by-product metals.

Educated as a physical chemist and specializing in high-temperature metallurgy, Jack was a researcher in the electronic properties of materials before becoming both a marketing and manufacturing executive. Finally, he became a metals trader specializing in the field of technology metals and of precious and rare metals. Today, after 49 years of industry involvement, he advises the global mining and refining industries, the OEM high tech industry, and the global institutional-investment community, on the natural resource issues that impact either a proposed business model or a high-volume high-tech product manufacturing plan. His work today is principally as a due-diligence consultant for institutional investors, looking into opportunities where rare and technology metals availability are a factor in determining the probability of commercial success of a metals dependent venture. Jack is a Senior Fellow of the Institute for the Analysis of Global Security. Mr. Lifton may be reached via jacklifton@aol.com.

About Rare Earth Metals Inc.

Rare Earth Metals is a well funded company with a focus on exploring for Rare Earth Element deposits. The Company's shares are listed on the TSX-V exchange under the symbol RA and the OTCQX exchange under the symbol RAREF. The Company presently has two advanced projects in Ontario and Newfoundland and Labrador, all exhibiting multi element potential (REEs, Niobium, Beryllium, Zirconium and Iron Ore) and proximity to available infrastructure. Its flagship properties are the Clay-Howells Prospect and the Red Wine Project. Additional information concerning the Company is contained in documents filed by the Company with securities regulators, available under the Company's profile at www.sedar.com. For more information please visit the Rare Earth Metals web site at www.rareearthmetals.ca.

ON BEHALF OF THE BOARD OF DIRECTORS OF RARE EARTH METALS INC.:

Michael Stares, President and CEO

This release includes certain statements that may be deemed forward-looking statements. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com.

Company information distributed through the Market Access Program is based upon information that Standard & Poor's considers to be reliable, but neither Standard & Poor's nor its affiliates warrant its completeness or accuracy, and it should not be relied upon as such. This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument.