INVESTMENTS IN EARLIER STAGE OPPORTUNITIES

Rainbow Rare Earths is a listed producer of high-grade rare earths concentrate in Burundi and South Africa.
TechMet has made an equity investment and is exploring options with Rainbow to develop downstream processing capacity to turn Rainbow’s high-grade concentrate into high-value rare earth products.
- Global demand for rare earths is growing significantly, driven by increased use of permanent magnets in EVs, mobile phones and renewables.