REE: Why are they strategically important?

Rare Earth Elements (REE) are metals having many similar properties. The global demand for rare earth elements has increased significantly in line with their expansion into high-end technology, environment, and economic areas. In this post, we see the importance of Rare Earth Elements and their strategic significance.

What is a Rare Earth Element (REE)?

  • Rare earth elements (REE) are a group of seventeen chemical elements that occur together in the periodic table, 15 lanthanides ( Z=57 through 71), Scandium and Yttrium.
  • All are metals and have many similar properties which often cause them to be found together in geologic deposits. That is why they are also known as rare earth metals.
  • They are also referred to as “rare earth oxides” because many of them are sold as oxide compounds.
  • Samarium (Sm), scandium (Sc), terbium (Tb), thulium (Tm), ytterbium (Yb), yttrium (Y), cerium (Ce), dysprosium (Dy), erbium (Er), europium (Eu), gadolinium (Gd), holmium (Ho), lanthanum (La), lutetium (Lu), neodymium (Nd), praseodymium (Pr), promethium (Pm).

Pensana plc (LON:PRE) explores and mines neodymium, praseodymium, and rare earth minerals. The Company’s flagship assets are the Saltend rare earth refinery project in the United Kingdom and Longonjo neodymium and praseodymium (NdPr) Project in Angola.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Pensana plc

More articles like this

Pensana plc

Pensana and Angola’s strategic shift

Angola, the world’s second-largest diamond producer, possesses abundant critical minerals vital for the green energy transition. Historically dependent on oil exports, Angola is actively diversifying its economy to reduce this reliance. As of 2023, Angola is

Pensana plc

Unlocking Angola’s untapped mineral wealth

Angola, the seventh-largest country in Africa, is most well-known for being one of the region’s biggest oil exporters. The commodity provides around half of the country’s fiscal revenues, yet it is not oil that is piquing renewed

Pensana plc

Pensana reports enriched rare earths findings in Angola

UK-based rare earths developer Pensana has reported trench and pit sampling results that confirm a 6 ha, enriched laterite at Sulima West, in Angola, grading at 2% to 3% total rare earth oxides (TREO). These analytical