Rainbow Rare Earths Limited (RBW) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Rainbow Rare Earths Limited Investor Presentation. Throughout this recorded presentation, investors will be in listen-only mode. Questions are encouraged and they can be submitted at any time using the Q&A tab situated on the right-hand corner of your screen. Just simply type in your questions and press send. Before we begin, I would like to submit the following poll, and I would now like to hand you over to CEO George Bennett. Good morning to you. Good morning and welcome to your viewers to the InvestorMeets Rainbow Rear Earth presentation. I'd like to say we've chosen a good day with the two-week ceasefire in the Iran war, which bodes well for the markets. I see all markets up this morning, so that's very, very positive for everybody concerned, and we're all relieved, I'm sure, about that. Now to move on to Rainbow, which is developing two key rear projects. And basically, I'll take you through the presentation and show that we're going to be a very low cost producer of these rears and part of the independent supply chain being built in the Western world at the moment. Here's our disclaimer. There's just some key metrics for Rainbow at the moment that you can see on the screen there. As I said, we have pioneered the economic recovery of brewers from phosphogypsum. It had been done previously on lab scale, so academic papers, but never economically, and we've basically been able to do this. With an economic flow sheet, we've developed the IP using proven technology under stress. And that's also dearest that we're not using any special reagents or any special resins that are bespoke for this project or any bespoke equipment for this project. It's all standard off-the-shelf reagents, resins that are available commercially. And the equip...