REE junior Rainbow lists on LSE, expects production from Q4

By Myles McCormick
Published: Tuesday, 31 January 2017

Rainbow expects to start production and make its first sales by the end of the year and is unperturbed by the current low price dynamic in rare earths, CEO Martin Eales told IM.

Rare earths junior Rainbow Rare Earths Ltd is targeting first sales by year-end following its listing on the London Stock Exchange (LSE) on 30 January 2017.

An initial public offering (IPO) raised $8m to be used to fast track the company’s Gakara project in Burundi to production, with first sales expected...

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