Rare earths & specialist minerals
Rainbow Rare Earths’ Phalaborwa project may make it the lowest cost producer of neodymium and praseodymium in the world
Processing old gypsum residue from a phosphoric acid plant could generate significant cashflow
Company
LON:RBW
Rainbow Rare Earths aims to be a forerunner in the establishment of an independent and ethical supply chain of the rare earth elements that are driving the green energy transition and other advanced future-facing technologies. The company is doing this successfully via pioneering the first commercial recovery of rare earth elements from phosphogypsum that occurs as the by-product of phosphoric acid production. These projects eliminate the cost and risk of mining, meaning that they can be brought into production quicker and at a lower cost than traditional hard rock mining projects.
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Rare earths & specialist minerals
Processing old gypsum residue from a phosphoric acid plant could generate significant cashflow
Rare earths & specialist minerals
This month, Kwasi Kwarteng, the Secretary of State for Business, Energy and Industrial Strategy, published a policy paper for the UK’s first ever critical minerals strategy
Rare earths & specialist minerals
Rainbow has highly prospective assets in South Africa and Burundi
Rare earths & specialist minerals
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Rare earths & specialist minerals
China has traditionally controlled the world's rare earth supply
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Rainbow now has two high grade rare earth projects
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Gakara hosts some of the highest grade rare earths ore in the world
Work continues towards the completion of the company's maiden JORC-compliant resource estimate, which is expected to be completed in the coming weeks
Operations at the mine are ramping up steadily and so far an export route has remained open
Rainbow's Gakara project is one of the highest grade rare earths projects in the world
RRE has ben trialling a more mechanised extraction of ore at lower grades