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Rainbow Rare Earths Plc

What you need to know about rare-earth metals

WHAT ARE RARE-EARTH ELEMENTS?
There are seventeen rare-earth elements: cerium (Ce), dysprosium (Dy), erbium (Er), europium (Eu), gadolinium (Gd), holmium (Ho), lanthanum (La), lutetium (Lu), neodymium (Nd), praseodymium (Pr), promethium (Pm), samarium (Sm), scandium (Sc), terbium (Tb), thulium (Tm), ytterbium (Yb), and yttrium (Y).

Despite their name, these elements are actually plentiful in the Earth’s crust, with the exception of the radioactive promethium.

However, because of their geochemical properties, these elements are typically not found in large concentrations, as a result of which economically exploitable deposits are less common.

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.