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Rainbow Rare Earths Plc

Rare Earths Market Update: H1 2019 in Review

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.

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