0.22520000 USD
0.0108
4.58%
Last update Dec 10, 9:30 AM EST
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0.22520000
0.23000000
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Rainbow Rare Earths Ltd.
0.23
0.01
4.58%

Overview

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Description

Rainbow Rare Earths Ltd. is a mining-focused company dedicated to the exploration, extraction, and trade of rare earth elements. These elements are vital in the production of high-tech devices, green technology, and various industrial applications due to their unique chemical and physical properties. The company's primary operations are concentrated in Burundi, where it manages the Gakara Rare Earth Project, one of the few sources of rare earth metals outside of China. Rainbow Rare Earths Ltd. plays a crucial role in the global supply chain of rare earth elements, contributing to the reduction of dependency on Chinese production. This is particularly significant for sectors such as automotive, electronics, and renewable energy, which rely heavily on these materials for manufacturing components like electric vehicle motors, wind turbines, and smartphones. By ensuring a more diversified supply, Rainbow Rare Earths Ltd. supports technological advancement and sustainability initiatives on an international scale.

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
United States
MIC code
PINX
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Trading Hours (Monday - Friday):

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06:00 - 09:30
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16:00 - 17:00
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