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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The miner said it has made excellent progress towards final completion and commissioning of its processing plant at Kabezi and the target of first shipment this quarter remains on track
Market was subdued as US markets were closed for Thanksgiving
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The day ahead includes corporate earnings from ITV, Vodafone and Bovis Homes as well as official UK inflation data
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Peter Allen will not be going back to the Future board room after February's AGM
Production and sales are expected to ramp up throughout 2018
Not much happening among the blue-chips but Image Scan and Future were among the big movers in the small caps sector
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Sirius Minerals was a key highlight of the week in the junior mining sector.
Construction work at the mine and plant in Burundi is now nearing completion
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A glance at some of the day's highlights from the Proactive Investors newswire
Rainbow Rare Earths is shortly to go into production from its mine in Burundi
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A look at the world of Proactive's small cap mining news highlights
Eales added the plan is now raise production to from around 3,900 tonnes of concentrate to 5,000 tonnes per year.
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London today
Rainbow said the lab tests confirm Gakara is one of the highest grade rare earth element mining projects in the world
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Some the main stories on the Proactive newswire today
A look at some of the main news-driven risers and fallers in London
London stocks were on the front foot this morning, but they quickly retreated this afternoon...
The plant construction timetable remains on track to deliver its first rare earth concentrate for sale in the final quarter of 2017
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There's always a temptation to rush in where angels fear to tread.
Jim Wynn will join Rainbow Rare Earths as chief financial officer on the first day of May
Rainbow raised US$8mln through an IPO in January and this should see it through to first sales revenues in late 2017.
Rainbow Rare Earths has made great strides since its IPO in late January
