The Gakara mine holds some high-grade rare earth elements, some of which are expected to become essential for the manufacturing of batteries, magnets and electric vehicles.
Burundi Mining News
High-grade rare earths confirmed at Burundi prospect
Total in-situ are earth oxides are estimated to be in the range of 47 to 67%.
New African rare earth mine to start production by year-end
Gakara mine, which operated for 30 years until 1978, is expected to restart commercial production in the fourth quarter of the year.
New rare earth miner lists in London, raises $10 million for Burundi project
Rainbow Rare Earths plans to restart the Gakara mine, which operated for 30 years until 1978, and that still holds high grade of the coveted elements.