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Rainbow Rare Earths Limited

Rainbow Rare Earths targets Murambi production and Kiyenzi resource this quarter

Martin Eales, chief executive of Rainbow Rare Earths Ltd (LON:RBW), tells Proactive London's Andrew Scott they exported 350 tonnes of rare-earths concentrate in the three months to 30 September 2018, an increase of 27%.

The grade per tonne of concentrate sold and exported ran at 59% total rare earth elements, confirming once again the status of the company’s Gakara mine in Burundi as one of the highest grade rare earth projects anywhere in the world.

Quick facts: Rainbow Rare Earths Limited

Price: £0.03

Market: LSE
Market Cap: £11.41 m
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Rainbow Rare Earths looks to open second mining area in fourth quarter

Martin Eales, chief executive of Rainbow Rare Earths LTD (LON:RBW), tells Proactive Investors they sold 350 tonnes of concentrate in the three months to the end of June 2018 - up significantly from the 125 tonnes sold in the previous quarter - as the ramp-up to full production continues at...

on 24/7/18

2 min read