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Investegate |Rainbow Rare Earths Announcements | Rainbow Rare Earths: Market Update investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Burundi Stands Up to Foreign Mining Firms, Bans Rare Earth Exports Without Better Profit-Sharing Sputnik International https://sputniknews.com/africa/202107271083467254-burundi-stands-up-to-foreign-mining-firms-bans-rare-earth-exports-without-better-profit-sharing/ A former German-Belgian colony, Burundi has remained poor long after independence thanks to decades of civil war along ethnic lines drawn and amplified to ease colonial rule and unequal extraction arrangements signed with multinational corporations. Burundi’s government has clamped down on what it says are unfair deals with foreign mining companies, blocking exports of high-demand rare earth metals until profits from the operation are more equitably shared with the impoverished country. The state, which owns the soil and minerals, is not making a profit as it should,” Ibrahim Uwizeye, Burundi’s Minister of Water, Energy and Minerals, said to a group of mining firms doing business in the countr ....
Notes to Editors: Rainbow s strategy is to become a globally-significant producer of rare earth metals. NdPr are vital components of the strongest permanent magnets used for the motors and turbines driving the green technology revolution. Analysts are predicting demand for magnet rare earth oxides will grow substantially over the coming years, driven by increasing adoption of green technology, pushing the overall market for NdPr into deficit. The Phalaborwa Rare Earths Project, located in South Africa, comprises an Inferred Mineral Resource Estimate of 38.3Mt at 0.43% TREO contained within gypsum tailings stacked in unconsolidated dumps derived from historic phosphate hard rock mining. High value NdPr oxide represent 29.1% of the total contained rare earth oxides, with economic Dysprosium and Terbium oxide credits enhancing the overall value of the rare earth basket contained in the stacks. The rare earths are contained in chemical form in the gypsum ....
Investegate |Rainbow Rare Earths Announcements | Rainbow Rare Earths: Reported civil unrest in South Africa investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Investegate |Official List Announcements | Official List: Official List Notice investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.