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Rainbow Rare Earths Plc

How electric cars and smartphones are sparking a new kind of gold rush

What’s in your stuff? Most of us give no thought to the materials that make modern life possible. Yet technologies such as smart phones, electric vehicles, large screen TVs and green energy generation depend on a range of chemical elements that most people have never heard of. Until the late 20th century, many were regarded as mere curiosities – but now they are essential. In fact, a mobile phone contains over a third of the elements in the periodic table.

As more people want access to these technologies, the demand for the critical elements is growing. But supply is subject to a range of political, economic and geological factors, creating volatile prices as well as large potential gains.

Rainbow Rare Earths Ltd (LON:RBW) is a mining company focussed on production from, and expansion of, the high grade Gakara Rare Earth Project in Burundi, East Africa. With in-situ grades in the range of 47-67% Total Rare Earth Oxide (TREO), Gakara is one of the world’s richest rare earth deposits.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.