13th Jan 2026 13:30
Rainbow Rare Earths Ltd - developer of the Phalaborwa rare earths project in South Africa and the Uberaba project in Brazil - Stock rises after the company announces the start of pilot-scale operations as the final phase of process test work for Phalaborwa. Includes primary flowsheet pilot operations in Johannesburg and delivering the bulk feed sample for off-site solvent extraction test work, confirming the process to deliver separated neodymium and praseodymium oxide and SEG+ products at over 99.5% purity. The SEG+ group is a mix of medium and heavy rare earths. Rainbow says the project will be the first commercial recovery of rare earth elements from phosphoric acid production waste product phosphogypsum. Pilot operations will also provide data underpinning the definitive feasibility study, "including process flowsheet development, mass balance, equipment sizing and capital and operating costs". Read More
