Phalaborwa Rare Earths Project Update

Summary by AI BETAClose X

Ecora Resources PLC has announced an update regarding the Phalaborwa Rare Earths Project, where Rainbow Rare Earths Limited has updated its Mineral Resource Estimate to include yttrium, a heavy rare earth element. While Rainbow's current economic models only account for neodymium, praseodymium, dysprosium, and terbium, they plan to incorporate the value of ancillary metals for the project's Definitive Feasibility Study, reflecting strong market demand for a wider range of economic rare earth elements. Ecora holds a 0.85% Gross Revenue Royalty on this project.

Disclaimer*

Ecora Resources PLC
10 November 2025
 

 

 

10 November 2025

 

Ecora Resources PLC

("Ecora")

 

Phalaborwa Rare Earths Project Update

 

Ecora (LSE/TSX: ECOR, OTCQX: ECRAF) a critical minerals focused royalty company, notes the press release issued today by Rainbow Rare Earths Limited ("Rainbow") announcing that the Mineral Resource Estimate at Phalaborwa has been updated to include yttrium, one of the heavy rare earth elements ("REE") that has been subject to Chinese export controls since April 2025.

Rainbow currently only includes value for neodymium, praseodymium, dysprosium and terbium in its economic models, but will look to update this to include the ancillary metals for Phalaborwa's Definitive Feasibility Study to reflect the strong and growing market demand for the full range of economic REE in the project's basket.

Ecora holds a 0.85% Gross Revenue Royalty on the Phalaborwa project.

The full announcement from Rainbow can be viewed here: Phalaborwa Resource Update to include Yttrium

For further information

 

Ecora Resources PLC

+44 (0) 20 3435 7400

Geoff Callow - Head of Investor Relations




Website: 

www.ecora-resources.com



FTI Consulting

Sara Powell / Ben Brewerton / Nick Hennis

 

+44(0) 20 3727 1000

ecoraresources@fticonsulting.com

 

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