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Last update Dec 12, 9:45 PM CET
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Rainbow Rare Earths Ltd.
0.19
0.00
1.05%

Overview

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Description

Rainbow Rare Earths Ltd. is a mining company specializing in the exploration and development of rare earth mineral resources. The company's primary objectives are to identify, extract, and process rare earth elements, which are crucial components in the manufacturing of various high-tech and green technologies. These elements are essential for producing items such as electric vehicles, wind turbines, and smart electronics, highlighting their importance in modern industries shifting towards sustainable solutions. Rainbow Rare Earths Ltd. operates primarily in Africa, where it targets deposits rich in rare earth oxides, focusing particularly on neodymium and praseodymium—key ingredients for high-performance magnets. The company's activities significantly impact sectors related to renewable energy, automotive, and consumer electronics by ensuring a steady supply of these critical materials. In the financial market, Rainbow Rare Earths Ltd. holds a notable position due to its strategic role in supplying rare earth elements, which are indispensable for future technological advancements and ecological initiatives. As global demand for these materials increases, the company's contributions become increasingly significant for sustaining industries reliant on technological progression and environmental awareness.

About

CEO
Mr. George Sidney John Bennett
Employees
48
Address
Connaught House
St Julian's Avenue
Saint Peter Port, GY1 1GZ
Phone
Instrument type
Common stock
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
Germany
MIC code
XFRA
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