Pensana gets grant to work on rare earth magnet supply chain

Pensana Plc (LON:PRE) secures financing for Longonjo rare earth project with Absa Bank approval. Chairman Atherley expresses gratitude for this milestone.

Rare earth elements (REEs) fuel our tech-driven world, essential for smartphones, EVs, and renewable energy. Learn how countries race to secure their supply chains.

Pensana is reshaping Africa’s mining landscape with its innovative approach at the forefront of the industry, focusing on sustainable development and economic transformation.

Rare earth elements are essential in modern technology, from electric vehicles to smartphones.

The UK stands at a critical juncture in its energy and resource policies, with a looming challenge around securing access to critical minerals. In November 2024, the British Geological Survey identified 34 raw materials as essential

DFC CEO Scott Nathan joins President Biden in Angola to unveil a $553M loan for vital infrastructure projects. Learn more about the U.S. commitment in Africa.

Geraldine Tchimbali of Pensana meets with EITI assessors, highlighting Angola’s dedication to transparency and high ESG standards in the mining sector.

Pensana plc Chairman Paul Atherley commented “It’s great to see such tangible progress on the ground at Longonjo. The effort by everyone involved is much appreciated and we look forward to completing the financing and getting the

A recent statement from the White House has brought attention to the US$ 3.4 million technical assistance grant provided to Pensana in October. This grant is aimed at expanding the company’s mining operations, with a focus

President Biden’s visit to Angola to counter China’s influence in Africa has sparked interest. Highlight on infrastructure, mineral processing, and economic ties.

Rare earth elements (REEs) have become indispensable in modern technology due to their exceptional magnetic, phosphorescent, and catalytic properties. These elements are key components in devices we use daily, from smartphones and LED lights to wind