Rainbow Rare Earths - Publication of Annual Report & Notice of AGM
FOR IMMEDIATE RELEASE
Publication of Annual Report for the year to
Notice of Annual General Meeting
The Annual Report and Accounts will also be mailed to those shareholders who have elected to receive it in hard copy.
The Company also announces that the Annual General Meeting of Shareholders ('AGM') will be held at
A Notice of Meeting for the AGM and related forms of proxy will also be sent to shareholders today.
In compliance with LR9.6.1, a copy of the Notice of AGM will shortly be available for inspection at the
For further information, please contact:
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+27 82 652 8526
+44 (0) 20 3910 4551
Turner Pope Investments
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+44 (0) 20 3657 0050
IR and PR
+44 (0) 20 7236 1177
Notes to Editors:
Rainbow's focus is the
The Company began production of rare earth concentrates in Q4 2017 and has a ten-year distribution and offtake agreement with multinational thyssenkrupp Materials Trading secured for the sale of at least 5,000tpa of concentrate produced.
The Gakara basket is weighted heavily towards the magnet rare earths, including neodymium and praseodymium, which are driving demand and account for 70% of annual global REE sales due to their use in vital components in motors, generators, wind turbines, and electric vehicles.
This information is provided by RNS, the news service of the
Quick facts: Rainbow Rare Earths Limited
Market Cap: £14.56 m
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