Rainbow Rare Earths Limited Notice of Investor Presentation
07 Julio 2022 - 7:00AM
RNS Non-Regulatory
TIDMRBW
Rainbow Rare Earths Limited
07 July 2022
7 July 2022
Rainbow Rare Earths Limited
("Rainbow" or "the Company")
LSE: RBW
Notice of Investor Presentation
Rainbow Rare Earths is pleased to announce that CEO, George
Bennett, will provide a presentation to discuss the Company and the
successful development of the extraction flow sheet at its
Phalaborwa rare earths project in South Africa (announced on 28
June) with investors. The live presentation will be held via the
Investor Meet Company platform on 12 July 2022 at 11:00am BST.
The presentation is open to all existing and potential
shareholders. Questions can be submitted pre-event via your
Investor Meet Company dashboard up until 9am the day before the
meeting or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add
to meet RAINBOW RARE EARTHS LIMITED via:
https://www.investormeetcompany.com/rainbow-rare-earths-limited/register-investor
Investors who already follow RAINBOW RARE EARTHS LIMITED on the
Investor Meet Company platform will automatically be invited.
**ENDS**
For further information, please contact:
Rainbow Rare Earths George Bennett
Ltd Company Pete Gardner +27 82 652 8526
SP Angel Corporate Ewan Leggat
Finance LLP Broker Charlie Bouverat +44 (0) 20 3470 0470
Tavistock Communications PR/IR Charles Vivian +44 (0) 20 7920 3150
Tara Vivian-Neal rainbowrareearths@tavistock.co.uk
Notes to Editors:
Rainbow's strategy is to become a globally significant producer
of rare earth metals. NdPr and Dy are vital components of the
strongest permanent magnets used for the motors and turbines
driving the green technology revolution. Analysts are predicting
demand for magnet rare earth oxides will grow substantially over
the coming years, driven by increasing adoption of green
technology, pushing the overall market for NdPr and Dy into
deficit.
The Phalaborwa Rare Earths Project, located in South Africa,
comprises an Inferred Mineral Resource Estimate of 38.3Mt at 0.43%
TREO contained within gypsum tailings stacked in unconsolidated
stacks derived from historic phosphate hard rock mining and
processing. High value NdPr oxide represents 29.1% of the total
contained rare earth oxides, with economic Dysprosium and Terbium
oxide credits enhancing the overall value of the rare earth basket
in the stacks. The rare earths are contained in chemical form in
the gypsum stacks, which is expected to allow high-value separated
rare earth oxides to be produced with lower operating costs than a
typical rare earth mineral project.
The Company's Gakara Project in Burundi has produced one of the
highest-grade rare earth concentrates in the world (typically 54%
TREO) through trial mining operations. The Gakara basket is
weighted heavily towards NdPr, which account for approximately
19.5% of the contained TREO and 85% of the value of the
concentrate. The Gakara project is currently on care and
maintenance at the request of the Government of Burundi.
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END
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July 07, 2022 08:00 ET (12:00 GMT)
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