Rainbow Rare Earths strikes deal to take 100% ownership of Phalaborwa Project
–News Direct–
Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) CEO George Bennett speaks to Thomas Warner from Proactive after announcing a deal to ultimately take complete control of the Phalaborwa project in South Africa after reaching an agreement with current partners Bosveld Phosphates. Bennett says that the deal is "good all round" and explains its benefits for Rainbow Rare Earths shareholders. He also reiterates the commitment to getting into production during 2023.
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View source version on newsdirect.com: https://newsdirect.com/news/rainbow-rare-earths-strikes-deal-to-take-100-ownership-of-phalaborwa-project-204875761
Rainbow Rare Earths Ltd
COMTEX_436113274/2655/2023-06-28T07:58:36