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LSE:RBW OTC:RBWRF

Rainbow Rare Earths Ltd

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Market:
LSE
Price
21.75 GBX
Day Change
-1.58%
Market Cap:
£151.31 m
52 weeks high
30.00
52 weeks low
14.00

In brief

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.

Snapshot

  • Rainbow Rare Earths adds former Anglo American executive to board as it bolsters senior team
  • Rainbow Rare Earths lights up the market with progress towards production at Phalaborwa
  • Rainbow Rare Earths gets confidence boost from new study, suggests broker
  • Rainbow Rare Earths says interim report confirms Phalaborwa project's viability