Sustainability
By focusing on the production of critical rare earths from secondary sources, integrating environmental considerations into decision making, maintaining high governance and ethical standards and focusing on stakeholder value creation, Rainbow aims to be a forerunner in the establishment of an independent and ethical supply chain of the rare earth elements that are driving the green energy transition, as well as other strategic and advanced technologies.
Rainbow has placed responsible production at the heart of its business model. As such, the Company is focused on laying strong foundations from which to embed sustainability in its project development as well as to manage, measure and report on its sustainability performance.
Rainbow’s sustainability disclosure and reporting will continue to evolve as the DFS for Phalaborwa is finalised and the project moves into development and then on to production. This will include a comprehensive materiality assessment for Phalaborwa, the identification of the most appropriate sustainability KPIs with which to measure the Company’s sustainability performance over time, and the setting of short to long-term environmental, social and governance (ESG) targets.
We have demonstrated our commitment to responsible practices, underpinned by Rainbow’s core values, in our trial operations to date at Gakara. We will continue to uphold these practices at Phalaborwa and Uberaba and look to implement best practice at our operations wherever possible.
Rainbow’s approach to sustainability is founded upon the four pillows below. Read more about it in our FY 2025 Sustainability Report.
