Rainbow Rare Earths Ltd has two world-class, scalable projects that have the potential to sell directly into western markets, according to ACF Equity Research, which recently provided its ‘core investment case’ for the mine developer.
Currently, China accounts for 85% of the refined rare earth supply, giving it a stranglehold over some of the core ingredients used in low-carbon technologies.
Chesnara PLC (LSE:CSN) has acquired the insurance portfolio of Conservatrix, a Dutch business that was declared bankrupt 18 months ago.
The deal adds around 70,000 new policies, and brings the total managed by Waard, its local subsidiary based in Amsterdam, to 165,000.
Cambridge Cognition Holdings PLC (AIM:COG) chief executive Matthew Stork and chief financial officer Stephen Symonds have bought shares in the company, each adding 22,950 shares to their respective holdings at a price of 113p.
Ondine Biomedical Inc (AIM:OBI) told investors that it has increased its shareholders in Sinuwave Technologies Corporation to 100%, from 99.96%, taking up the 8,333 shares it didn’t already own.