Rainbow Rare Earths

“In South Africa, a $50 million equity investment in TechMet Ltd will support the development of the Phalaborwa Rare Earths project, a rare earth element processing facility that will develop a more diverse, resilient, and sustainable critical mineral supply chain, drive the clean energy transition, and create economic opportunity for local communities", writes U.S. International Development Finance Corporation as it reflects on its record-breaking fiscal year of investments. This investment and endorsement underscores the global commitment to clean energy and the vital role rare earths play in enabling that future. As we advance Phalaborwa, we look forward to supporting local economies, reducing carbon footprints, and meeting the growing demand for critical minerals worldwide. #cleantech #criticalminerals #investment #cleanerergy https://lnkd.in/eWDQjMDc

Rainbow Rare Earths CEO, George Bennett attended the Arlington Group Asset Management Limited Rapallo conference this month to discuss some of the most critical issues facing the #mining industry and the supply of #criticalrawmaterials. George spoke to Simon Catt about Rainbow's flagship Phalaborwa project, and the progress the company has made advancing the production of magnet rare earth elements neodymium and praseodymium (NdPr), dysprosium (Dy) and terbium (Tb). Watch the full interview here: https://lnkd.in/eePDCDBS

Our CEO, George Bennett, has shared Rainbow's significant milestones with Proactive for the Phalaborwa Rare Earths Project, for the year ended 30 June 2024. Some highlights: ✅ First-ever commercial recovery of rare earth elements from phosphogypsum. ✅ Successful production of mixed rare earth carbonate and 96% pure neodymium/praseodymium oxide. ✅ Plans underway for separating dysprosium and terbium—essential for green technologies like EVs & wind turbines. ✅ $50M investment proposal from the U.S. International Development Finance Corporation and a strategic agreement with Ecora Resources PLC. ✅ Healthy cash reserve of $9.7M. If you want to hear more, our CEO will provide a live presentation via Investor Meet Company today at 10am BST. The presentation is open to all existing and potential shareholders. Questions can be submitted at any time during the live presentation, and you can sign up via: https://lnkd.in/e5bCkuCY #cleantech #rareearths #greenenergy https://lnkd.in/eP3eBrMA

As we continue to advance toward a greener future, Rainbow Rare Earths is committed to providing the #criticalminerals the world needs for #cleanenergy and technological #innovation. Our FY2024 Annual Report highlights our progress, achievements, and dedication towards developing an innovative circular economy process flowsheet for the sustainable production of #rareearths. Link to the report in the comments 👇

The world needs an ethical and reliable source of #rareearthelements (REEs). 🤖 REEs are a lesser-known subset of #criticalminerals and materials are essential materials in a broad range of technologies significant to national security, energy systems, medicine, robotics and consumer products. 🌍 Rainbow’s strategy is to identify near-term, secondary rare earths production opportunities, such as its Phalaborwa project in South Africa. Meeting escalating demand for critical minerals needed for global decarbonisation, we are focused on producing the magnet rare earth metals neodymium and praseodymium, dysprosium and terbium. In this infographic, provided by National Energy Technology Laboratory, you can see their vital usage in most of our modern tech, including clean technologies needed for the #netzero future. #cleantech #sustainability #circulareconomy

Our CEO George Bennett and Senior Metallurgist Roux Wildenboer spoke to Sarah Lowther for focusIR and London South East yesterday, discussing the exciting optimisation work at our Phalaborwa Rare Earths Project in South Africa and our earlier stage Uberaba Project in Brazil. George Bennett summarised, “We are well positioned to be a multi-project rare earth company and we're very excited about these optimisations and we expect these to follow through into capital and operating cost savings in the project...probably the lowest cost producer of separated earths in the world”. Listen to the of details our progress here: https://lnkd.in/dDVrdqtJ #cleantech #criticalminerals #rareearths #chemicalprocessing 

📺We recently announced the completion of our 0.85% Gross Revenue Royalty over Rainbow Rare Earths Phalaborwa project, marking our entry into rare earths. Want to learn more about this exciting new project and the rare earths element? Watch the short animation below 👇 https://lnkd.in/e7mwGqBH   #rareearths #criticalminerals #mining #LSE #TSX #OTCQX

Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) has signed off a royalty financing and share subscription agreement with Ecora Resources for the Phalaborwa project in South Africa. All conditions precedent required for the payment of the US$8.5 million royalty consideration have been met, Rainbow added, and the funds, net of US$229,000 transaction costs, have been received. That is on top of a US$1.5 million share issue in July, which together have generated gross funding of US$10 million to continue the Phalaborwa development work. Rainbow added the money would be used for a Definitive Feasibility Study of the project and to cover all other company financing requirements up to June 2025. More at #Proactive #ProactiveInvestors http://ow.ly/kOpG105JOqQ

Rainbow has entered into a royalty financing and share subscription agreement with Ecora Resources PLC, and all conditions precedent required for the payment of the US$8.5 million royalty consideration have been met. The funds, net of US$229k transaction costs, have been received by Rainbow. This is in addition to the funds raised by the associated share subscription which completed in July and delivered an additional ca. US$1.5 million to Rainbow, for a total gross funding of US$10 million. As previously announced, the funds will be used to: 1. deliver the completion of the Definitive Feasibility Study on the Phalaborwa project; and 2. cover all other Company financing requirements up to June 2025. #criticalminerals #rareearths

Rainbow CEO, George Bennett will be attending the Adamas Intelligence Rare Earth Mines, Magnets and Motors Conference 2024 this week. The event will bring together major participants from across the mine-to-motor supply chain for high-calibre discussions on the state of emerging supply chains, the outlook for demand and the implications of evolving geopolitical forces. Please do get in touch if you would like to organise a meeting. https://lnkd.in/gtKNyCbW