Pensana and the rising demand for Rare Earth Elements

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

British company Pensana Plc has announced that it has entered into a Memorandum of Understanding (MoU) with a prominent Japanese firm, Hanwa Co. Ltd. This agreement, though non-binding at present, marks a significant step in the

Pensana, a London-listed rare earths mining company, has entered into a nonbinding memorandum of understanding (MoU) with Japanese trading group Hanwa Co., Ltd. The agreement will allow Hanwa to offtake up to 20,000 tonnes annually of

Pensana, a rare earths miner listed on the London Stock Exchange, has entered into a nonbinding memorandum of understanding (MoU) with Japanese trading group Hanwa. The agreement covers the potential offtake of up to 20,000 tonnes

Bushtec, an experienced African team, has successfully completed the assembly of accommodation facilities designed to house 350 contractors. These facilities include dining areas, kitchens, ablutions, and a communications hub, all constructed to meet international standards. The

Recent developments in the rare earth market have seen the price of NdPr oxide rise by over 11% in the last month, reaching RMB 404,500 (US$56,620) per tonne. This increase follows a sustained period of lower

UK Minister for Africa, Lord Collins, and UK Ambassador to Angola, Roger Stringer, recently met with Geraldine Tchimbali, Country Manager, and Tim George, CEO of Pensana, to inspect the ongoing construction activities at Longonjo. This visit

The rare earth elements, a group of 17 metallic elements located in the middle of the periodic table, possess unique fluorescent, conductive, and magnetic properties. These characteristics make them highly valuable when alloyed in small quantities

London-listed Pensana has received a Gold Medal from EcoVadis, a leading sustainability ratings provider, placing it among the top 5% of companies assessed. Pensana highlights that EcoVadis ratings are extensively used by automotive and offshore wind

Critical minerals, essential in modern technology and clean energy systems, significantly influence the global economy and geopolitical landscape. The World Economic Forum has termed them the “new oil,” highlighting their potential to spark economic, political, and

Tim George, CEO of the UK-based global mining firm Pensana, will be speaking at the upcoming Critical Minerals Africa (CMA) Summit in Cape Town. This summit is Africa’s premier gathering for stakeholders in the critical minerals