Pensana secures funding for rare earths mine in Angola

The U.S. International Development Finance Corporation (DFC) has announced over $3.7 billion in climate finance investments for Fiscal Year 2024, marking a significant stride in addressing global climate and energy challenges. This commitment underscores the U.S.

Leading sustainable rare earth supply in Europe The rare earth elements (REE) sector has emerged as one of the most strategically important industries in today’s global economy. As critical inputs for modern technology, these elements play

Rare earth elements, a group of 17 metallic elements, possess unique magnetic, luminescent, and electrical properties that make them valuable for various industrial uses. Despite the presence of these elements in mineral ores worldwide, their production

In just one week, the highly anticipated Critical Minerals Africa (CMA) Summit will return to Cape Town for its second edition. The 2024 summit, held under the theme “Innovate. Enact. Invest in African Critical Minerals to

Rare-earth elements (REEs) play a critical role in a range of high-tech devices, from smartphones and digital cameras to computer hard disks and electronic displays. They are also vital to clean energy initiatives and defence technologies,

Earlier this month, Geraldine Tchimbali, Country Manager, presented the Longonjo Project at the “Conferência Científica” in Huambo. During her presentation, she emphasised the substantial socioeconomic benefits that the US$217 million investment will bring to the region.

The unique properties of rare-earth elements (REEs) make them critical to many high-tech applications. Despite the misleading name, these elements are not particularly scarce in the Earth’s crust, though they are typically found in low concentrations.

US International Development Finance Corporation (DFC) has granted rare earths miner Pensana $3.4 million in funding to support studies aimed at expanding the Longonjo mine in Angola. Pensana’s planned expansion will cost approximately $100 million and

Critical Minerals Africa (CMA) is a significant event that brings together governments, international presidential and ministerial delegations, provincial authorities, and various stakeholders from global finance, mining, manufacturing, and technology sectors. The event is held in Cape

The rare earth elements (REE) are a group of seventeen metallic elements. These include the fifteen lanthanides found on the periodic table, along with scandium and yttrium. While these elements may not be well-known to many