Rainbow raises funds to boost REE output (Update)

By William Clarke
Published: Wednesday, 03 July 2019

Rare-earth miner Rainbow looks to capital markets to fund increased production in Burundi.

UK-listed rare earth miner Rainbow has raised $5.5 million to increase production at its site in Burundi, it said on Wednesday June 3.

Rainbow, which raised the funds by issuing new shares, will use the capital to increase output at its Gakara Rare Earth Project in Burundi by opening new...

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