Pensana secures conditional loan for Longonjo Rare Earth project
Pensana Plc (LON:PRE) secures financing for Longonjo rare earth project with Absa Bank approval. Chairman Atherley expresses gratitude for this milestone.
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
The U.S. International Development Finance Corporation (DFC) has announced over $3.7 billion in climate finance investments for Fiscal Year 2024, marking a significant stride in addressing global climate and energy challenges. This commitment underscores the U.S.
Leading sustainable rare earth supply in Europe The rare earth elements (REE) sector has emerged as one of the most strategically important industries in today’s global economy. As critical inputs for modern technology, these elements play
Rare earth elements, a group of 17 metallic elements, possess unique magnetic, luminescent, and electrical properties that make them valuable for various industrial uses. Despite the presence of these elements in mineral ores worldwide, their production
In just one week, the highly anticipated Critical Minerals Africa (CMA) Summit will return to Cape Town for its second edition. The 2024 summit, held under the theme “Innovate. Enact. Invest in African Critical Minerals to
Rare-earth elements (REEs) play a critical role in a range of high-tech devices, from smartphones and digital cameras to computer hard disks and electronic displays. They are also vital to clean energy initiatives and defence technologies,
Earlier this month, Geraldine Tchimbali, Country Manager, presented the Longonjo Project at the “Conferência Científica” in Huambo. During her presentation, she emphasised the substantial socioeconomic benefits that the US$217 million investment will bring to the region.
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.