A guide to the rare earths market

The rare earth elements (REE) comprise a group of seventeen metallic elements, including the fifteen lanthanides present in the periodic table, along with scandium and yttrium.

Traditionally, these REEs are categorised into two groups based on their atomic weight:

  • The light REEs (LREEs), encompassing lanthanum through gadolinium (atomic numbers 57 through 64).
  • The heavy REEs (HREEs), covering terbium through lutetium (atomic numbers 65 through 71).

Rare Earth Elements find application in various fields ranging from glass additives to ceramics, converters, lasers and more. However, their geopolitical significance primarily lies in their use for permanent magnets.

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
X
LinkedIn
Pensana plc

More articles like this

Pensana plc

Pensana and the rising demand for Rare Earth Elements

The rare earth elements (REE) sector is experiencing a significant surge, driven by the increasing demand for green technologies and the growing recognition of REEs’ essential role in modern electronics. As the world shifts towards renewable

Pensana plc

Africa’s emerging role in the Rare Earth market

China’s dominance in the rare earth market has raised concerns in the West, prompting a search for alternative suppliers. Recent forecasts by Benchmark Mineral Intelligence suggest that Africa could become a significant alternative in the coming

Pensana plc

Rare Earth Elements in modern technology

Rare earth elements, often overlooked in discussions of technological advancements, are indispensable components in a wide array of modern devices and systems. These 17 elements, including familiar names like neodymium, europium, and yttrium, possess unique properties

Pensana plc

Rare Earth Elements in the green energy revolution

The rare earth elements (REE) sector is gaining increasing attention as the world pivots towards sustainable and green technologies. These elements, crucial for the manufacturing of magnets used in electric vehicles (EVs), wind turbines, and various

Pensana plc

Africa’s path to Sustainable Growth

Success is built on the simple principle of self-reliance, a truth that has been obscured in recent African history but needs to be regained and reinforced. During my recent visit to Lusaka, I attended the launch

Pensana plc

Angola’s improved investment appeal recognised by Pensana

London-listed Pensana commends the government of Angola for instilling attractive policies and growing interest in the country’s exploration potential. This comes as the country recorded an improvement in its ranking to forty-seventh out of 86 countries

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