Rare earths miner plans $1.5m plant in Burundi

A worker at Base Titanium’s Kwale mineral sands project. Sales of ores by the end of 2017 to ThyssenKrupp Metallurgical Products of Germany will mean Burundi becomes a producer of REEs ahead of Kenya and Tanzania PHOTO FILE | NATION

Rainbow Rare Earths Ltd plans to build a mineral processing plant in Kabezi district, 10 km south of Bujumbura, the capital city of Burundi.

The $1.5 million rare earth element (REE) plant will be about 20 km from Gakara mine, which was set up by the London Stock Exchange-listed firm that raised $8 million by listing 65 million shares in order to fast-track production in fourth quarter of 2017.