Rainbow Rare Earths has secured Neo Performance Materials as its technology partner for the final separation stage at its Phalaborwa rare earth project in South Africa. Neo will provide technical support and design input for the solvent extraction process and receive offtake rights for a significant portion of the rare earth output, including 40% of NdPr oxide and 65% of heavy rare earth carbonate. This partnership enables Rainbow to advance its pre-feasibility study, expected in Q4 2026, and aims to complete the definitive feasibility study by mid-2027, moving the project closer to financing and permitting stages.
Rainbow Rare Earths' new technology partnership is noted alongside Basic Materials sector data from Pluang as of Sep 24, 2026 16:31 WIB. Of 38 priced Basic Materials-sector US stocks tradable on Pluang, 9 rose and 24 fell today. Notable movers include FCX at USD 71.84 with a 1-day change of -1.03% and Pluang order activity of 75% Sell / 25% Buy, SCCO at USD 200.00 with a 1-day change of -0.96% and Pluang order activity of 85% Sell / 15% Buy, and DD at USD 129.70 with a 1-day change of -0.93% and Pluang order activity of 67% Sell / 33% Buy.
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