Skip to main content
The Markets by Proactive
Go to Proactive UK

Archive

Rainbow Rare Earths announce 'very significant' deal with Morocco's world leader in fertiliser

Rainbow Rare Earths announce 'very significant' deal with Morocco's world leader in fertiliser

Rainbow Rare Earths's chief executive George Bennett joins Proactive to talk about its agreement with OCP, the Moroccan state-owned phosphate products producer.

It's a very significant opportunity for Rainbow, he adds, and now means the company has multiple projects in multiple countries.

The deal also incorporates working with a Moroccan university to investigate and develop the best technique for extracting rare earth elements from the millions of tonnes of phosphogypsum produced as a by-product by OCP.