Strategy & Business model
Rainbow’s strategy is to identify near-term, secondary rare earths production opportunities, which eliminate the cost and risk of traditional mining projects. It is doing this successfully via pioneering the first commercial recovery of rare earth elements from phosphogypsum that occurs as the by-product of phosphoric acid production.
Meeting escalating demand for critical minerals needed for global decarbonisation, defence and other advanced technologies, we are focused on producing the magnet rare earth metals, neodymium, praseodymium, dysprosium and terbium.
With our strong operating experience, proven project development experience, unique intellectual property and diversified portfolio, Rainbow aims to unlock a low-cost and responsible source of magnet rare earths globally.
