To the uninformed outsider, the transition from petrol and diesel power to electric might not seem like such a big deal, just fit motors and batteries instead of engines and fuel tanks, right?
A visit to Zuffenhausen, Stuttgart and Porsche’s new ‘factory within a factory’ tells a very different story. Here, the German sports car maker is investing €6 billion in going electric, with several all-new, battery-powered vehicles due between now and 2022. They will be built using a new production method, dubbed Porsche Production 4.0, and the range is expected to include a mid-engined sports car, an SUV, a crossover, and the company’s very first electric vehicle, the Taycan.
Rainbow Rare Earths (LON:RBW) is a mining company focussed on production from, and expansion of, the high grade Gakara Rare Earth Project in Burundi, East Africa.
With in-situ grades in the range of 47-67% Total Rare Earth Oxide (TREO), Gakara is one of the world’s richest rare earth deposits. First production and sales to Rainbow’s offtake partner, thyssenkrup Raw Materials, commenced in Q4 2017.