Daniel Stewart has been appointed as Broker for Rainbow Rare Earths
Rainbow Rare Earths Limited is a mining company engaged in the exploration and development of the Gakara rare earth deposit in Burundi, East Africa.
Notable for its exceedingly high in-situ grade – 54.3% on average Total Rare Earth Oxide, low Uranium-Thorium levels and familiar rare earth minerals, bastnaesite and monazite – Gakara is the world’s richest rare earth deposit. The project, a previously operating mine from 1948–1978, has a significant mineral inventory base and a long life of mine, well understood mineralogy and robust economics. Rainbow is focused on bringing Gakara into production in the near term, ramping up to 5,000tpa TREO in concentrate.