Resumen de Production starts up at non-Chinese rare earth site

Industrial Minerals

• Rainbow’s project in Burundi is in commercial operation, with 5,000 tpy of rare earths concentrate targeted for next year, William Clarke, Reporter, learns.Production is gearing up at one of the world’s only non-Chinese rare earth producers, with 5,000 tonnes of rare earth concentrate expected to reach the market in 2018, following the first commercial shipment and a fresh £2.8 million ($3.7 million) share issue. Capital expansion On 12 December, Rainbow announced it had raised £2.8 million in a share issue, in order to enact its current production plans, and to further explore the tenement. Demand for these materials is currently rising rapidly thanks to their application in electric motors, used in battery powered cars, and in the generators used in wind turbines.