Through our processing projects, which have fundamentally different risk profiles to traditional rare earth mining projects, we see enormous potential to facilitate near-term access to sources of critical permanent magnet rare earths, required to decarbonise energy systems in an environmentally responsible way.

Rainbow has two major rare earths opportunities in Africa: Phalaborwa, our exciting, near-term growth project in South Africa, and the high-grade Gakara Project in Burundi, East Africa.

Rainbow is also investigating other processing projects, such as the opportunity of extracting rare earth elements from a nitro phosphate process stream at a phosphoric acid production plant near Johannesburg in South Africa.