Rainbow Rare Earths Limited
08 October 2026
8October 2026
Rainbow Rare Earths Limited
(“Rainbow” or “the Company”)
LSE: RBW
Board Changes
Rainbow Rare Earths (LSE:RBW) is pleased to announce the appointment of Mrs Ashleigh Woolf to the Board as Non Executive Director with immediate effect following the resignation of Mr Darryll Castle, Non Executive Director.
Ashleigh is Chief Legal Officer for TechMet Ltd., a strategic shareholder with the right to nominate one Director to the Rainbow Board for so long as it holds at least 10% of the issued shares in the Company, and replaces Mr Castle, their previously nominated Board Member.
Adonis Pouroulis, Non Executive Chairman of Rainbow, commented: "We are delighted to welcome Ashleigh to the Board as we continue to advance our two world-class rare earth projects at Phalaborwa in South Africa and Uberaba in Brazil. We would like to extend our thanks to Darryll for his support and hard work over the years and wish him well in the future.”
Ashleigh Woolf is a dual-qualified Solicitor (United Kingdom and South Africa) with over 15 years of multi-jurisdictional experience in M&A, private equity, general corporate law and compliance. Previously she was Chief Legal Officer, Data Protection Officer and Member of the Executive Management Committee at Lonrho Holdings Limited with responsibility for the management of the UK HQ and all legal and compliance matters across the Lonrho group. She has held various board seats on associated subsidiaries of Lonrho across 16 jurisdictions.Prior to this she was Legal Counsel at PruProtect (a subsidiary of Prudential and later, Discovery) and held a senior legal position as Associate Director at Salamanca, a financially regulated international private equity and risk management group.
There are no disclosures to be made in accordance with UKLR 6.4.8R
For further information, please contact:
|
Rainbow Rare Earths Ltd |
Company |
George Bennett Pete Gardner |
+27 (0) 82 652 8526 |
|
|
IR
|
Elizabeth Johnson |
+44 (0) 777 565 5927 |
|
Tavistock Communications |
PR/IR |
Charles Vivian Eliza Logan |
+44 (0) 20 7920 3150 |
|
BMO Capital Markets |
Broker |
Thomas Rider John Gale |
+44 (0) 20 7664 8121 |
|
Berenberg |
Broker |
Matthew Armitt Jennifer Lee |
+44 (0) 20 3207 7800 |
About Rainbow:
Rainbow Rare Earths aims to be one of the lowest cost suppliers of critical rare earth raw materials in the western world supply chain. Advancing two core projects, Phalaborwa in South Africa and Uberaba in Brazil in partnership with The Mosaic Company, Rainbow is one of the most advanced market participants pursuing secure, near-term and globally competitive upstream supply of rare earths products crucial for industrial, energy transition, and defence applications.
With a unique project portfolio focused on the recovery of rare earth elements from phosphogypsum, a by-product of fertiliser production, Rainbow’s projects avoid traditional mining and front-end processing stages. This represents a significant competitive advantage in bringing sustainable, long-life and low-cost supply of rare earths to market.
More information is available at www.rainbowrareearths.com or by visiting the Rainbow Rare Earths Curation Showcase at: https://ai.curationcorp.com/showcase/Rainbow-Rare-Earths-90903
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