Rainbow Rare Earths Limited
RBW · Main Market · Basic Resources · mcap £144m · 20.4p 2 open situations →
Timeline · every situation
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Project milestones
Phalaborwa DFS and financing
Neo MoU signed; PFS added; DFS now H1 2027
Pilot plant running and DFS funded by the March 2026 subscription. On 1 July 2026 about 75% of the flowsheet was in DFS engineering. On 24 Sep 2026 Rainbow signed an MoU with Neo for SX technical support and offtake. It also added a Q4 2026 PFS and moved the DFS to H1 2027.
- Flowsheet change
- CIX mixed rare earth feed goes directly to SX, no intermediate product first 1 Jul 2026 ↗
- Products
- NdPr oxide and SEG+ Group at 99.5% purity, plus Dy, Tb and Y 1 Jul 2026 ↗
- SX circuit
- Feed flow rate of less than 5 m3 per hour 1 Jul 2026 ↗
- Partner
- Neo Performance Materials MoU for final SX circuit, signed 24 Sep 2026; binding long-form agreements being advanced 24 Sep 2026 ↗
- Offtake
- 40% of NdPr oxide and 65% of SEG+ carbonate, at index-based arm's-length pricing 24 Sep 2026 ↗
- Next milestone
- PFS in Q4 2026, prepared under SEC Regulation S-K 1300 24 Sep 2026 ↗
Next: Phalaborwa PFS publication; binding Neo agreements
- 24 Sep 2026 Neo MoU signed; PFS added; DFS now H1 2027
- 1 Jul 2026 DFS 75% in engineering; SX optimisation underway
- 31 Mar 2026 Pilot plant running; DFS funded
- 31 Mar 2026 DFS funded; due by end of 2026
Insider conviction
1 director buying
£24k in 1 buy
- 14 Aug 2026 Alex Lowrie £24k
Company filings. Not investment advice.