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RBWRF (Rainbow Rare Earths) Inventories, Work In Process : $0.00 Mil (As of Jun. 2024)


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What is Rainbow Rare Earths Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Rainbow Rare Earths's work in process for the quarter that ended in Jun. 2024 was $0.00 Mil.

Rainbow Rare Earths Inventories, Work In Process Historical Data

The historical data trend for Rainbow Rare Earths's Inventories, Work In Process can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Rainbow Rare Earths Inventories, Work In Process Chart

Rainbow Rare Earths Annual Data
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Inventories, Work In Process
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Rainbow Rare Earths Semi-Annual Data
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Rainbow Rare Earths Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

Rainbow Rare Earths Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rainbow Rare Earths Ltd (OTCPK:RBWRF) » Definitions » Inventories, Work In Process
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Traded in Other Exchanges
RBW:UK RR1:Germany
Address
St Julian's Avenue, Connaught House, Saint Peter Port, GGY, GY1 3EL
Website
https://www.rainbowrareearths.com
Rainbow Rare Earths Ltd aims to be a forerunner in the establishment of an independent and ethical supply chain of the rare earth elements that are driving the green energy transition. It is doing this successfully via the identification and development of secondary rare earth deposits that can be brought into production quicker and at a lower cost than traditional hard rock mining projects, with a focus on the magnet rare earth elements neodymium & praseodymium, dysprosium & terbium. It is focused on the development of the Phalaborwa Project and the earlier stage Uberaba Project. Both projects entail the recovery of rare earths from phosphogypsum stacks that occur as the by-product of phosphoric acid production, with the original source rock for both deposits being a hardrock carbonatite.