RCS - Rainbow Rare Earths - Shares/AJ Bell LIVE Investor Evening

Rainbow Rare EarthsAnnouncement

18/11/2022 09:30

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RNS Number : 9085G  Rainbow Rare Earths Limited  18 November 2022

 

18 November 2022

Rainbow Rare Earths Limited

("Rainbow" or "the Company")

LSE: RBW

 

Shares/AJ Bell LIVE Investor Evening - Monday 28 November 2022

 

Rainbow Rare Earths will be presenting at the Shares and AJ Bell live investor
event at 17.15 on Monday 28 November 2022 at Novotel Tower Bridge, London EC3N
2NR.

The presentation given by Rainbow's CEO, George Bennett, is open to all
existing and potential investors and will be followed by a live Q&A
session.

Rainbow's strategy is to identify near-term, secondary rare earths production
opportunities. Meeting escalating demand for critical minerals needed for
global decarbonisation, we are focused on producing the magnet rare earth
metals neodymium and praseodymium ("NdPr"), dysprosium, and terbium. With our
strong operating experience, proven project development experience, unique
intellectual property and diversified portfolio, Rainbow will develop a
responsible rare earths supply chain to drive the green energy transition.

Sponsored by: AJ Bell Youinvest

Shareholders and potential investors can register to join us at the Novotel
for free. Please register at:

https://www.sharesmagazine.co.uk/events/event/shares-investor-evening-london-live-event-28112022
(https://www.sharesmagazine.co.uk/events/event/shares-investor-evening-london-live-event-28112022)

For further information, please contact:

 

 Rainbow Rare Earths Ltd         Company  George Bennett     +27 82 652 8526

                                          Pete Gardner
 SP Angel Corporate Finance LLP  Broker   Ewan Leggat        +44 (0) 20 3470 0470

                                          Charlie Bouverat
 Berenberg                       Broker   Matthew Armitt     +44 (0) 20 3207 7800

                                          Jennifer Lee
 Tavistock Communications        PR/IR    Charles Vivian     +44 (0) 20 7920 3150

                                          Tara Vivian-Neal   rainbowrareearths@tavistock.co.uk (mailto:rainbowrareearths@tavistock.co.uk)

 

Notes to Editors:

Rainbow's strategy is to identify near-term, secondary rare earths production
opportunities. Meeting escalating demand for critical minerals needed for
global decarbonisation, we are focused on producing the magnet rare earth
metals neodymium and praseodymium ("NdPr"), dysprosium and terbium. With our
strong operating experience, proven project development experience, unique
intellectual property and diversified portfolio, Rainbow will develop a
responsible rare earths supply chain to drive the green energy transition.

The Phalaborwa Rare Earths Project, located in South Africa, comprises an
Inferred Mineral Resource Estimate of 30.7Mt at 0.43% TREO contained within
unconsolidated gypsum stacks derived from historic phosphate hard rock mining.
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 allows high-value
separated rare earth oxides to be produced in a single processing plant at
site with lower operating costs than a typical rare earth mineral project.

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