: Avalon rings the closing bell at the New York Stock Exchange

On Tuesday April 26^th Avalon Rare Metals Inc. CEO Don Bubar was privileged to ring the closing bell at the New York Stock Exchange in celebration of the Company's listing on the NYSE Amex on December 21, 2010.

Don was accompanied on the balcony for this memorable event by Avalon's CFO, Jim Andersen, Chairman Alan Ferry, Director Hari Panday, as well several enthusiastic shareholders, consultants and supporters from the United States who have helped the Company over the years to achieve this important milestone.

We invite you to visit www.avalonraremetals.com to watch the video and view some photos from the event.

ABOUT AVALON RARE METALS INC.

Avalon Rare Metals Inc. (TSX & NYSE Amex: AVL) is a mineral exploration and development company focused on rare metals deposits in Canada. Its flagship project, the 100%-owned Nechalacho Deposit, Thor Lake, NWT, is emerging as one of the largest undeveloped rare earth elements resources in the world. Its exceptional enrichment in the more valuable 'heavy' rare earth elements, which are key to enabling advances in green energy technology and other growing high-tech applications, is one of the few potential sources of these critical elements outside of China, currently the source of 95% of world supply. Avalon is well funded, has no debt and its work programs are progressing steadily. Social responsibility and environmental stewardship are corporate cornerstones. Avalon's performance on community engagement in the north earned it the 2010 PDAC Environmental and Social Responsibility Award.