Rainbow Rare Earths Share Discussion Threads

[lasata] 17/7/2021 15:23

Well done Dr Phamm

[lewis winthorpe] 16/7/2021 14:35

Buying all day and down lol. The markets will wake up soon

[p winky] 15/7/2021 13:32

Things seem to cooling down there, shops opening with huge queues.

[napoleon 14th] 15/7/2021 12:56

IMO - yes, but 25,000 troops are being mobilised to deal with it.

[onsideman] 15/7/2021 11:50

Bullish appraisal but so many sells. Presumably the civil unrest?

[macc1] 14/7/2021 10:01

Morning all, here's an update from analyst John Meyer:

[luffness] 14/7/2021 06:46

Yes but 500 miles away fron Durban

[thelung] 13/7/2021 19:38

Thought Phalaborwa was in the N.E. tip of SA?

[napoleon 14th] 13/7/2021 18:36

Only news is bad news from S.A.
Hope Phalaborwa, in the N.W. tip of SA, is not in the affected (Zulu) areas.
Seems not as Durban is much further South.

[marktime1231] 07/7/2021 13:04

Yes I thought that was a clever grant of options, every incentive on the key adviser and executives to do the deals needed to get RBW going forward. The 18p execution price a sensible target, a premium to the current 15p share price but a discount to the prospective value which could be anywhere 20p to ?? depending on what deals might be done.

Demand for rare earth magnets is not going away, and there is a win-win outcome on the cards for all parties involved despite Burundi appearing to play hardball. How much is 420t of blockaded concentrate worth?

How is Phalaborwa going after the recent confirmatory resource estimate, if this part of the business is key let's hear some good news.

[wiganpunter] 07/7/2021 12:05

yes that's right. I wouldn't stress about it. its clear the Burundi government want a better deal / more transparent. Its clear the usa don't want rare earths being sent to china and so somewhere we will get a diplomatically aligned deal that ticks both those boxes and rbw shareholders will still get a great benefit from the success of the operation .

[luffness] 07/7/2021 11:05

wasnt George arriving in Burundi yesterday - news soon hopefully - though Phalaborwa still the big prize

[wiganpunter] 07/7/2021 10:33

morning everyone. just observing that the new non exec Dr Pham has been given 500k options with a strike of 18p with a duration of 10 years from grant . great way to align his impact with incentives in the medium term. in addition another 800k have been issued to key personnel at the same strike with a rolling vesting over the next 3 years. love to see this. as per recent posts the connection between usa and rare metals and their influence over solving issues in burundi is highly significant and rbw now has aligned that influence to help the execution. more to come out of Burundi soon which I would think is a more equitable reward / risk sharing arrangement , but as we have said many times represents only a fraction of the future value of this exploration .

[lenses] 28/6/2021 07:44

20 cents per share.

[napoleon 14th] 27/6/2021 16:42

Bosveld share take up values RBW @ 20p/share.
We could get back to that when Burundi's brown envelopes are agreed on.

[gadolinium] 25/6/2021 10:50

Interesting that Bosveld Phosphates elected to take their $250K in shares rather than cash. Indicates their confidence in the companies prospects.

[wiganpunter] 24/6/2021 12:12

hi everyone . a few weeks ago the white house announced it will initiate a section 232 review of neodymium magnets . this shows why raw will be such a key asset and will get us government help which if you read the below covers apply chain "at home and abroad."

Proposed Actions Related To Critical Minerals

Actions announced today aiming to strengthen the US competitiveness and supply chain resilience that focus on investing in sustainable domestic production and processing of critical minerals:
The Department of Interior (DOI), with the support of the White House Office of Science and Technology Policy, will establish a working group composed of agencies such as the Department of Agriculture (USDA) and the Environmental Protection Agency (EPA) to identify sites where critical minerals could be produced and processed in the United States.
Establish an interagency team (e.g., DOI, USDA, EPA, and others) with expertise in mine permitting and environmental law to identify gaps in statutes and regulations that may need to be updated by Congress to ensure: new production meets strong standards before mining begins, during the mining process, and after mining ends; meaningful community engagement and consultation with Tribal Nations, respecting the government-to-government relationship at all stages of the mining process; and opportunities to reduce time, cost, and risk of permitting without compromising strong environmental and consultation benchmarks are fully explored.
The Department of Defense (DOD) will deploy DPA Title III incentives—including grants, loans, loan guarantees, and offtake agreements—to support sustainably-produced strategic and critical materials, including scaling proven research and development (R&D) concepts and emerging technologies from other programs such as the Small Business Innovation Research awardees.
The DOE LPO, through its Title 17 Renewable Energy and Efficiency Energy Projects solicitation, has more than $3 billion in loan guarantees available to support efficient end-use energy technologies, such as mining, extraction, processing, recovery, or recycling technologies, of critical materials projects that satisfy Title 17 requirements.
Invest in sustainable supply chains at home and abroad. Issue a proposed rule to develop a new process for preferencing critical products that are in manufactured products or component parts, under the Buy American Act. This will leverage the buying power of the nearly $600 billion in federal contracting to strengthen domestic supply chains for critical products.
Combat unfair trade practices. The Administration will establish a trade strike force led by the U.S. Trade Representative to propose unilateral and multilateral enforcement actions against unfair foreign trade practices that have eroded critical supply chains. DOC will evaluate whether to initiate an investigation into neodymium magnets, which are critical inputs in motors and other devices, and are important to both defense and civilian industrial uses, under Section 232 of the Trade Expansion Act of 1962.
Provide funding and financial incentives to spur consumer adoption of EVs and other EV incentives: Recommend Congress authorize new and expanded incentives to spur consumer adoption of U.S.-made electric vehicles. In addition, recommend Congress support $5 billion in investments to electrify the federal fleet with U.S.-made EVs, and $15 billion in infrastructure investment to build out a national charging infrastructure to facilitate the adoptions of EVs.
Establish a new Supply Chain Resilience Program: Recommend Congress enact a Supply Chain Resilience Program at DOC to create a focal point within the government to monitor and address supply chain challenges. This program should be backed with $50 billion to make transformative investments in strengthening U.S. supply chains across a range of critical products.
Deploy the DPA to expand production capacity in critical industries: A DPA Action Group should determine how best to leverage the authorities of the DPA to strengthen supply chain resilience, building off work done to respond to the COVID-19 pandemic.
Examine the ability of the U.S. Export-Import Bank (EXIM) to use existing authorities to support U.S. manufacturing of products: EXIM should develop a proposal for Board consideration regarding whether EXIM should establish a new Domestic Financing Program that would provide financing to support the establishment and/or expansion of U.S. manufacturing facilities and infrastructure projects in the United States that would facilitate U.S. exports.
Create 21st century standards for the extraction and processing of critical minerals at home and abroad: The government, working with private sector and non-governmental stakeholders, should encourage the development and adoption of comprehensive sustainability standards for essential minerals, such as lithium, cobalt, nickel, copper, rare earth elements, and other materials.
Identify potential sustainable production and processing locations for critical minerals: The United States’ non-fuel mineral resources are significantly under-mapped relative to those of other developed nations. Congress should fully resource programs like the U.S. Geological Survey’s Mineral Resources Program at DOI to develop a comprehensive map of domestic critical mineral resources and reserves.
Leverage the government’s role as a purchaser and investor in critical goods. As a significant customer and investor, the Federal Government has the capacity to shape the market for many critical products. The public sector can deploy this power in times of crisis, as in the case of Operation Warp Speed, or in normal times. The Administration should leverage this role to strengthen supply chain resilience and support national priorities.
Reform and strengthen U.S. stockpiles: The Administration and Congress should take actions to recapitalize and restore the National Defense Stockpile of critical minerals and materials. In the private sector, industries that have faced shortages of critical goods should evaluate mechanisms to strengthen corporate stockpiles of select critical products to ensure greater resilience in times of disruption.
Strengthen international trade rules, including trade enforcement mechanisms. While fair competition from abroad is welcome, too often unfair foreign subsidies and other trade practices have adversely impacted U.S. manufacturing and more broadly, U.S. competitiveness. The U.S. government must implement a comprehensive strategy to push back on unfair foreign competition that erodes the resilience of U.S. critical supply chains and industries.
Develop a comprehensive trade strategy to support fair and resilient supply chains: The Administration should develop a comprehensive trade strategy to support supply chain resilience and U.S. competitiveness. Supply chain resilience should be incorporated into the U.S. trade policy approach towards China, including in the ongoing review of U.S.-China trade policy. The Administration should also examine existing U.S. trade agreements to identify ways to strengthen collective supply chain resilience.
Leverage financial tools to support sustainable and resilient international supply chains: U.S. development and international finance tools offer a powerful avenue for working with allies and partners to strengthen supply chains for key products. The U.S. should explore initiatives and mechanisms for investing in projects to expand production in critical supply chains. Even as the U.S. expands the manufacture and mining of critical products domestically, it must take steps to ensure that the manufacturing and mining that takes place abroad supports supply chain resilience and meets high labor and environmental standards.

[pwooly] 23/6/2021 19:08

RBW has high grade ore with low levels of pollutants making for cleaner, simpler and lower cost processing.

[marktime1231] 23/6/2021 18:01

According to the US Geological Survey agency they think most of the world's deposits by far are in China, Vietnam, Brazil and Russia. All "red" countries. I think you may be right in that China is processing imported supplies too.

The US and Australia have less than 10% between them. Not sure where that puts RBW, relatively trivial volume but still strategically significant.

[luffness] 23/6/2021 17:50

Not sure China does dominate in terms of deposits - processing yes

[marktime1231] 23/6/2021 13:32

Actually China dominates the world in terms of deposits and rare earth processing because it is dirty and they do it cheaper etc etc. But the US is reviving its own rare earth exploitation capabilities at Mountain Pass, the tie up between MP Materials and Lynas would give it homeland refining technology instead of exporting the raw materials. And there are other rare earth refining ventures in Malaysia and Western Australia. China dominates by volume but does not own the technology.

RBW / Burundi and South Africa need a strategic partner and the US no doubt think it would be a good idea if they were western-facing.

[lasata] 23/6/2021 12:47

RARE EARTHS

Magnets made with neodymium and praseodymium (NdPr) are used in wind turbine generators and electric vehicle motors.

Electric vehicles made without rare earths are less efficient as the battery pack needs to be about 30% larger to cover the same distance, analysts say.

CRU analyst Daan de Jonge sees the energy transition lifting demand and prices for NdPr over coming years to levels that incentivise new projects, but cites caution.

"China owns the intellectual rights regarding processing of rare earths. They invested in the technology when others wouldn't," de Jonge said.



China's dominant position in rare earth supply is worrying for other countries

Processing rare earths is complicated because there are many metals in the same ore, as opposed to copper ore, for instance, which may contain only cobalt or molybdenum.

CRU forecasts NdPr demand from electric vehicles and wind turbines at 41,575 tonnes or 62% of the total in 2025, from 20,544 tonnes or 42% of the total this year.