(via NewsDirect)
Bennett explains that the assays indicate a higher rare earth content than Rainbow Rare Earth's project under development at Phalaborwa in
Bennett says that the project could represent a significant step forward in Rainbow's global expansion, diversifying their projects across continents and presenting an opportunity of massive scale, with extensive gypsum stacks set to yield for over 25 years.
He also emphasises the strategic importance of this venture, de-risking Rainbow's portfolio geopolitically. Next steps at Uberaba include a comprehensive testing program on mineralogy followed by drilling on the stacks. As developments unfold, Rainbow aims to keep stakeholders updated on this highly profitable opportunity.
Contact Details
+44 20 7989 0813
uk@proactiveinvestors.com
Copyright (c) 2023 TheNewswire - All rights reserved.
Copyright (c) 2023 TheNewswire - All rights reserved., source