Rainbow Rare Earths Ltd (RBW)

Profile

https://www.rainbowrareearths.com

Rainbow Rare Earths Ltd is a mining company focused on developing an independent and ethical supply chain for rare earth elements essential to the green energy transition and advanced technologies. It pioneers the commercial recovery of rare earths from phosphogypsum stacks, by-products of phosphoric acid production, enabling faster and lower-cost production compared to traditional hard rock mining. The company concentrates on magnet rare earth elements, including neodymium, praseodymium, dysprosium, and terbium, used in high-performance permanent magnets for electric vehicles, wind turbines, defense, robotics, and advanced air mobility. Key projects include the Phalaborwa Project in South Africa, featuring strong economics with a base case NPV10 of US$611 million and the highest margins outside China per independent assessment, and the earlier-stage Uberaba Project in Brazil. Previously involved with the Gakara Project in Burundi, Rainbow Rare Earths Ltd operates in the basic materials sector, specifically other industrial metals and mining, with headquarters in Guernsey and around 41 employees. This approach positions it as a strategic contributor to non-Chinese rare earth supply chains.