Rainbow Rare Earths Limited·Basic Materials

Rainbow Rare Earths Limited (RBWRF) Q2 2026 Earnings Call Transcript

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Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF, FRA:RR1) CEO George Bennett talked with Proactive about the company’s recent £11.1 million fundraising and the...

Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF, FRA:RR1) CEO George Bennett talked with Proactive about the company's recent £11.1 million fundraising and the strategic significance of bringing Traxys on board as a partner linked to the US government's Project Vault initiative. Bennett explained how this development positions Rainbow Rare Earths Ltd as “a major player in the rare earths market” outside China, highlighting the company's focus on extracting rare earth elements from phosphogypsum waste residues rather than traditional mining.

Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF, FRA:RR1), the LSE-listed company recovering rare earth elements from industrial waste, has raised £11.1 million through a share subscription. The investment round is backed by strategic investors, including Traxys Group, one of the largest rare earth traders in the West and a partner to a $12 billion US government critical minerals stockpile fund.
Rainbow Rare Earths Limited engages in the mining and exploration of rare earth minerals. It explores for neodymium, dysprosium, terbium, and praseodymium deposits. The company primarily holds a 90% interest in the Gakara project covering an area of approximately 135 square kilometers located in Western Burundi. It also holds interest in the Phalaborwa project located in South Africa. Rainbow Rare Earths Limited was founded in 2011 and is based in Saint Peter Port, the United Kingdom.
Basic Materials
Industrial Materials
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2021-02-17
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