Relevent to REE, from today's news from RBW :5 May 2026 07:45
The decision to evaluate a potential US listing has been driven by:
· Rainbow is an advanced and low-cost source of potential near-term supply of critical rare earth raw materials to western rare earths supply chains, including to the US market;
· the US is leading the way globally on the build-out of independent rare earths supply, with major investments across the supply chain;
· Rainbow's growing US nexus, including via its partnership with Mosaic, to develop the Uberaba project in Brazil, and continued support from the US International Development Finance Corporation ("DFC"), which has a US$50 million option to provide project equity financing for Phalaborwa;
· notable investor demand for Rainbow from North American investors, as evidenced by Rainbow's recent private placement which was supported predominantly by US-based investors, including Traxys, a key partner in the US Government's US$12 billion critical raw materials stockpiling initiative, "Project Vault"; and
· observed valuation and trading liquidity enhancement for companies listed on US markets.
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