H&P, Rainbow Rare Earths, Sovereign Metals, Panther Metals
Rainbow Rare Earths has pushed its DFS back by 6 months to FY2025 as the company continues to target 99%+ NdPr purity.It is now at 96%, up from 95%. The major news is that the company has decided to relocate its pilot plant back to South Africa from Florida, US, so that the separation work can be the full focus of Rainbow's technical team, which has already delivered excellent results on the optimisation and finalisation of the primary flowsheet.Shares were at 9.14p/share, down 9%.
Our PFS optimisation continues to advance as planned with oversight from the Sovereign-Rio Tinto Technical Committee," managing director Frank Egar said.Shares were at 32.40p/share in early trade.Not listed, but in London: Hannam & Partners and HCF, both long term London-based financial advisors to the global resource sector, are merging.
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