EPISODE · Mar 31, 2026 · 4 MIN
Rainbow Rare Earths CEO says £11.1M provides sufficient runway to advance projects
from Proactive - Interviews for investors · host Proactive Investors
Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF, FRA:RR1) CEO George Bennett talked with Proactive's Stephen Gunnion about the company’s £11.1 million fundraising and the strategic significance of bringing Traxys on board as a partner linked to the US government’s Project Vault initiative. Bennett explained how this development positions Rainbow as “a major player in the rare earths market” outside China, highlighting the company’s focus on extracting rare earth elements from phosphogypsum waste residues rather than traditional mining. This approach underpins two key assets: the Phalaborwa Project in South Africa and the Uberaba Project in Brazil. He outlined that the newly secured funding provides a strong financial runway, enabling Rainbow to complete a definitive feasibility study at Phalaborwa by the end of 2026, alongside a pre-feasibility study at Uberaba in partnership with Mosaic. These milestones are expected to be critical value drivers for shareholders. Bennett also emphasised the company’s cost advantage, noting that removing mining and processing steps could make Rainbow one of the lowest-cost producers of separated rare earth oxides. He added that both projects are targeting relatively near-term production, with Phalaborwa expected online in 2029 and Uberaba in 2030. The interview also touches on the strategic opportunity presented by US efforts to build critical mineral stockpiles, positioning Rainbow within a rapidly evolving global supply chain landscape. For more insights like this, visit Proactive’s YouTube channel, like this video, subscribe, and enable notifications so you never miss an update. #RainbowRareEarths #RareEarths #CriticalMinerals #MiningStocks #Phalaborwa #Uberaba #EnergyTransition #USProjectVault #ResourceInvesting #CleanEnergyMaterials #MiningNews #ProactiveInvestors
What this episode covers
Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF, FRA:RR1) CEO George Bennett talked with Proactive's Stephen Gunnion about the company’s £11.1 million fundraising and the strategic significance of bringing Traxys on board as a partner linked to the US government’s Project Vault initiative. Bennett explained how this development positions Rainbow as “a major player in the rare earths market” outside China, highlighting the company’s focus on extracting rare earth elements from phosphogypsum waste residues rather than traditional mining. This approach underpins two key assets: the Phalaborwa Project in South Africa and the Uberaba Project in Brazil. He outlined that the newly secured funding provides a strong financial runway, enabling Rainbow to complete a definitive feasibility study at Phalaborwa by the end of 2026, alongside a pre-feasibility study at Uberaba in partnership with Mosaic. These milestones are expected to be critical value drivers for shareholders. Bennett also emphasised the company’s cost advantage, noting that removing mining and processing steps could make Rainbow one of the lowest-cost producers of separated rare earth oxides. He added that both projects are targeting relatively near-term production, with Phalaborwa expected online in 2029 and Uberaba in 2030. The interview also touches on the strategic opportunity presented by US efforts to build critical mineral stockpiles, positioning Rainbow within a rapidly evolving global supply chain landscape. For more insights like this, visit Proactive’s YouTube channel, like this video, subscribe, and enable notifications so you never miss an update. #RainbowRareEarths #RareEarths #CriticalMinerals #MiningStocks #Phalaborwa #Uberaba #EnergyTransition #USProjectVault #ResourceInvesting #CleanEnergyMaterials #MiningNews #ProactiveInvestors
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Rainbow Rare Earths CEO says £11.1M provides sufficient runway to advance projects
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