Turner Pope Investor Evening

RNS Number : 0759D

Rainbow Rare Earths Limited

21 June 2019

 

FOR IMMEDIATE RELEASE

21 June 2019

Rainbow Rare Earths Ltd ('Rainbow' or 'the Company') (LSE: RBW)

Turner Pope Investor Evening

Rainbow Rare Earths Limited, is pleased to announce that Martin Eales, the Company's CEO, will be presenting at an investor evening hosted by Turner Pope Investments (TPI) Ltd, on Wednesday 3 July 2019. The event will be held in London, EC2 and will start at 4pm.

To register your interest, please visit https://www.turnerpope.com/contact/ and complete the registration form.  The Company invites attendees to submit questions ahead of the event through its public relations adviser, St Brides Partners Ltd.  The questions should be sent to   [e-mail].  The Investor Presentation will be made available after the event on Company's webpage. 

**ENDS**

For further information, please contact:

Rainbow Rare Earths Ltd	Martin Eales	Tel: [phone]
St Brides Partners Ltd	Priit Piip	Tel: [phone]
Arden Partners plc	Paul Shackleton Benjamin Cryer	Tel: [phone]

Notes to Editors:

Rainbow's focus is the Gakara Project in Burundi, one of the highest-grade (47%-67% Total Rare Earth Oxide) rare earths projects globally and the only African producer. 

The Company began production of rare earth concentrates in Q4 2017 and has a ten-year distribution and offtake agreement with multinational thyssenkrupp Materials Trading secured for the sale of at least 5,000tpa of concentrate produced.

The Gakara basket is weighted heavily towards the magnet rare earths, including neodymium and praseodymium, which are driving demand and account for 70% of annual global REE sales due to their use in vital components in motors, generators, wind turbines, and electric vehicles.

 

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