While gold rising past US$1,400 per ounce and the Department of Commerce completing its uranium investigation was popular news over the last 6 months, one of the most exciting stories has been the concern over China limiting or impeding rare earth exports.
The group of critical metals has increasingly become a trade war pawn between China and the US, as the former dominates the market.
Investors may know what a bar of gold or a uranium fuel rod looks like, but rare earths (REEs), which are used in everything from smartphone cameras to defense systems, are much more prevalent in our day-to-day lives.
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.