Pensana finishes FEED work on Angola, UK plants

UK-listed rare earths mining company Pensana has completed the Front-End Engineering Design (FEED) for its rare earths processing facility in Saltend, UK, and concentrator in Angola as part of efforts to meet rising demand from electric vehicle (EV) manufacturers.

The company said the processing facility at Saltend, the UK’s first for rare earths, would produce 12,500 tonnes of separated rare-earth oxide per annum, of which 4,500 tonnes per annum would be magnet metal rare earths neodymium and praseodymium (NdPr) oxides, equivalent to 5% of global demand.

Additionally, the CAPEX for the two facilities has been reduced from $525 million to $494 million, and Pensana said it expects to reduce costs further.

Pensana 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
Pensana plc

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