Quantum Rare Earth Developments Poised To Benefit From Global Demand for Niobium

Quantum Rare Earth Developments Corp. (TSX VENTURE:QRE)(PINK
SHEETS:QREDF)(FRANKFURT:BR3) (www.quantumrareearth.com) announced today that the
company has been profiled by WallStreetCorner (www.wallstreetcorner.com) in
"Larry Oakley's Bold Ventures" column. Oakley is editor and publisher of the
South Carolina-based international discovery site that has regular serious
investors in 96 countries. 


"Quantum Rare Earth Developments Corp. could be one of the first major domestic
sources of ownership and production of niobium, a greatly needed commodity. To
have it totally in the U.S. bodes well politically," stated Oakley in the
article. He explained niobium's uses include the production of high-strength
steel/low alloy used in automotive, construction, and gas pipeline construction,
which are "all segments that will return to long-term growth once the recession
winds-up." 


In describing niobium as a REE, he stated: "It's actually a rare metal - number
41 on the periodic table. Niobium has a huge market that is expected to continue
to grow in size, price and profits."


"There are essentially only two companies now, in Brazil and Canada, that
provide over 90% of the niobium to the world." About Quantum's 14-square-mile
Elk Creek Carbonatite property in Nebraska, which was acquired in May, Oakley
stated: "I like the fact that Quantum will lease for an initial five years, and
plans to develop what they believe will become the third largest world source of
niobium." 


Oakley stated that Quantum is a "unique situation" for these reasons:



--  "China doesn't have niobium so it's imported, and it's moving ahead
    economically, with a growing need. 
--  Quantum and its (Nebraskan) property constitute the beginning of an
    important trend - doing more and more here in the U.S. that will bring
    cash here instead of the reverse that has been building up for so long.
    After that property is operational, it will be able to provide China
    with something that China needs more of, and bring a substantial stream
    of incoming cash to the U.S. - finally something that will help offset
    some of the cash that is moving from us to China. 
--  By providing China (and India, for example) with a commodity it really
    needs, (the U.S.) will help prove to China that we are taking important
    steps to return our economy to one where the world will again consider
    us a good investment possibility. 
--  The U.S. doesn't have any niobium as yet - we now import it all from
    Brazil or Canada." 



"In addition to huge profit possibilities, this company's operations may have
some important political advantages that can help our country," Oakley noted.


Disclaimer: Quantum Rare Earth Development Corp. did not compensate
WallStreetCorner.com for its company profile news column.


On Behalf of the Board,

Peter Dickie, President