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Share Price Information for Rainbow Rare Earths (RBW)
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Intraday Rainbow Rare Earths Share Chart
IN BRIEF: Rainbow Rare Earth develops extraction flowsheet
Rainbow Rare Earths Ltd - Guernsey-based mining company - Confirms successful development of rare earths extraction flowsheet from the phosphogypsum stacks at its Phalaborwa Project in South Africa. The process was developed in collaboration with K-Technologies Inc, following test work at ANSTO Minerals, Australia, and K-Tech's facilities in Florida.
Chief Executive Officer George Bennett comments: "Working closely with K-Tech, we have been able to identify and confirm a novel process which will allow us to recover valuable rare earth oxides in a low capex and opex manner from phosphogypsum. We are now in the process of jointly patenting this intellectual property with K-Tech and believe it will allow us to secure additional rare earths opportunities, such as the previously announced collaboration with a major chemicals group in South Africa."
Current stock price: 12.86 pence, up 5.0% on Tuesday
12-month change: down 9.8%
By Elizabeth Winter; elizabethwinter@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.
Latest RBW News
- LONDON BROKER RATINGS: InterContinental Hotels cut; Redburn likes Relx
8 Jan 2025 - UK shareholder meetings calendar - next 7 days
31 Oct 2024 - Rainbow Rare Earths annual loss narrows after impairment write-off
18 Oct 2024 - LONDON BROKER RATINGS: Jefferies cuts Burberry to 'underperform'
20 Sep 2024 - Phalaborwa boosts Ecora and leaves "finish line" near for Rainbow
2 Jul 2024 - TRADING UPDATES: Rainbow Rare and Ecora strike Phalaborwa deal
1 Jul 2024 - Rainbow Rare Earths raises $10m through Ecora Resources partnership
1 Jul 2024 - IN BRIEF: Rainbow Rare Earths Chair Adonis Pouroulis ups stake to 14%
19 Apr 2024
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