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Rainbow Rare Earths
“This JV represents an important step in Rainbow’s strategy to benefit from the expected growth in global demand for rare earth metals."
Rainbow Rare Earths has appointed George Bennett, the founder of MDM Engineering to the board as CEO with immediate effect.
LSE-listed Rainbow Rare Earths has declared a maiden mineral resource estimate completed in accordance with JORC (2012) of 1.2 Mt or ore covering a small fraction of its Gakara rare earths project in Burundi, East Africa.
LSE-listed rare earths element miner Rainbow Rare Earths is now one of only a handful of rare earth mine producers outside China.
Burundi - Rainbow Rare Earths has secured USD$12 million in funding from Pala Investments for the development of its high grade Gakara Burundi rare earths project. This financing agreement, subject to the completion of certain...