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

News Direct

Jun 28, 2023

–News Direct–

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

View source version on newsdirect.com: https://newsdirect.com/news/rainbow-rare-earths-strikes-deal-to-take-100-ownership-of-phalaborwa-project-204875761

YOU MAY ALSO LIKE

Arecor Therapeutics reports strong 2023 results and…

--News Direct--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…

read more

Empire Metals reveals more promising drill results…

--News Direct--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…

read more

Caledonia Mining reports strong Q1 2024 performance…

--News Direct--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…

read more