RAINBOW RARE EARTHS LIMITED
Materials covers Rainbow’s ongoing distribution and marketing, and will see the business sell up to 10,000tpa of rare earth concentrate worldwide. All marketing and price negotiations will be undertaken by thyssenkrupp. Community spirit “We also like to support the growth of the economy in Burundi and enable what is currently a small developing country gain access to the foreign currency that the mining sector can provide,� says Eales.
Rainbow exported its first shipment of rare earth concentrate on time and within budget at the end of last year 84
February 2018
Adopting a robust corporate social responsibility programme, Rainbow is developing an allocated fund dedicated to community developments and local programmes. Examples of community projects already supported by Rainbow include the supply of essential building materials to local people, as well as establishing a catering cooperative, which provides food for local workers. Most importantly for both the company and Burundi, Rainbow guarantees that non-local hires