Rainbow Rare Earths strikes deal to take 100% ownership of Phalaborwa Project | News Direct

Rainbow Rare Earths strikes deal to take 100% ownership of Phalaborwa Project

Rainbow Rare Earths Ltd
News release by Rainbow Rare Earths Ltd

facebook icon linkedin icon twitter icon pinterest icon email icon London, UK | June 28, 2023 07:58 AM Eastern Daylight Time

 

Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) CEO George Bennett speaks to Thomas Warner from Proactive after announcing a deal to ultimately take complete control of the Phalaborwa project in South Africa after reaching an agreement with current partners Bosveld Phosphates. Bennett says that the deal is "good all round" and explains its benefits for Rainbow Rare Earths shareholders. He also reiterates the commitment to getting into production during 2023.

 

Contact Details

 

Proactive UK Ltd

 

+44 20 7989 0813

 

uk@proactiveinvestors.com

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Tags

MiningMineralsPhosphatesRare Earth MetalsBattery Metals