How Pensana invest in a sustainable future

One way is to invest in the metal that is critical to the transition from fossil fuels to electrification.

From wind turbines to electric vehicles, bikes and trains to trucks, drones and a wide range of industrial applications the electric motor is the driving force behind the US$400 billion transitions from fossil fuels to a future with cleaner electrical energy.

As industry prepares to make this shift, demand for the super-strong permanent magnets essential to these motors and generators is increasing.

Pensana Rare Earths plc (LON:PRE) explores and mines neodymium, praseodymium, and rare earth minerals. The company is looking to establish the world’s first fully sustainable magnet metal rare earth oxide producer at the Saltend Chemicals Park in the Humber Local Enterprise Partnership Yorkshire, UK.

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

More articles like this

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

Pensana plc

Pensana advances preparatory works for Longonjo project in Angola

Preparatory works are forging ahead smoothly at rare earths mining company Pensana’s Longonjo project in Angola, with main construction expected to start in May and cold commissioning to follow in August 2025. Longonjo is one of the world’s largest undeveloped rare earth

Pensana plc

Pensana site preparation works well underway at Longonjo

Pensana plc (LON:PRE) has provided the following update on the Longonjo project: Concrete foundations have been poured for the 316-person modular camp manufactured in South Africa for despatch to site later this month. The on-site team, under