US set to fund London-listed Rainbow Rare Earths mining project as China battle hots up

US set to fund London-listed Rainbow Rare Earths mining project as China battle hots up

City A.M.

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Rainbow Rare Earths, listed on the main market of the London Stock Exchange with a market capitalisation of £63m, will receive £40m from Washington's US International Development Finance Corporation to build a plant at the site in South Africa's Kruger National Park.

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