Rainbow Rare Earths (GB:RBW) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Rainbow Rare Earths Ltd announced a 15% increase in mineral resources at Phalaborwa, with critical elements essential for green technology now valued at approximately $3.7 billion. The updated JORC-compliant Mineral Resource Estimate extends the project’s life by two years and includes a full range of recoverable rare earth elements. Due to its low levels of radioactive elements, the project highlights its green credentials by rehabilitating an industrial site and utilizing a waste by-product.
For further insights into GB:RBW stock, check out TipRanks’ Stock Analysis page.