Rainbow Rare Earths Limited
London Stock ExchangeRecent
price
P/E
ratio
div
yld
- -
ROIC.AI
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Similar Companies
- Business
- Rainbow Rare Earths Limited (RBW.L) is a mining development company focused on the exploration, development, and production of rare earth elements, primarily neodymium-praseodymium (NdPr) oxide, from its flagship Phalaborwa project in South Africa and the Gakara project in Burundi. The company offers rare earth concentrates and separated rare earth oxides, including NdPr oxide as its key product; it also provides technical consulting services for rare earth processing and development. Operations span South Africa, Burundi, and Australia, with headquarters in Melbourne, Australia, founded in 2016. The Phalaborwa project, located on a gypsum stack from a historic copper mine, utilizes innovative leaching technology to recover high-grade rare earths without traditional mining, targeting initial production of 1,300 tonnes per annum of NdPr oxide equivalent by late 2025. The Gakara project features high-grade neodymium and dysprosium-bearing minerals, with recent restart activities yielding over 200 tonnes of concentrate since Q4 2023. Rainbow Rare Earths serves the global demand for rare earths in electric vehicles, wind turbines, and electronics, positioning itself as a cost-competitive Western-aligned producer outside China. Recent developments include a US$25.5 million funding package in October 2024 from the U.S. International Development Finance Corporation and a consortium led by White & Case LLP, enabling Phalaborwa's Stage 1 construction and first production targeted for Q4 2025. In September 2024, the company secured a binding offtake agreement with Ganzhou Orange Rare Earths New Material Technology Co., Ltd. for Phalaborwa's initial output, alongside a non-binding term sheet with Mkango Resources for Gakara production. Additionally, Rainbow achieved a processing milestone at Phalaborwa with 99% NdPr extraction efficiency and resumed concentrate production at Gakara in Q4 2023 following a sales agreement with a major Asian buyer.
Nasdaq power ahead with Intel in lead, Palantir sinks despite blowout earnings
Rainbow Rare Earths eyeing a listing on a US stock exchange
Lindian strengthens finance leadership as Kangankunde build gathers pace
Levi’s could beat Q1 estimates, but macro risks keep analysts cautious
Rainbow Rare Earths £11.1m raise & growth plans - ICYMI
Rainbow Rare Earths rises 8% on $916m Brazil project assessment and Mosaic deal
Rainbow Rare Earths eyes second major development as it inks deal with Mosaic
Boeing reports most annual aircraft deliveries since 2018
Bitcoin slides back to April levels as crypto sell-off reignites
Rainbow Rare Earths took an important step forward at its Phalaborwa project - ICYMI
Gap’s beauty push, tight cost control seen boosting long-term growth
Spectra Systems shares supported by new contract with existing client
FTSE 100 Live: Blue-chips expected to open higher, Budget keenly awaited
AMC shares higher on strong Wicked: For Good opening weekend
FTSE 100 Live: London stocks perk up, as banks avoid tax raid
Rainbow Rare Earth takes important de-risking step at Phalaborwa project
Nasdaq closes on a high note after Alphabet-fueled tech rally
Tech wobble tests nerves but leading tech bank says the AI story is intact
Grindr shares drop after go-private talks collapse
Rainbow Rare Earths rises as soaring yttrium prices boost Phalaborwa outlook