One of London-listed Pensana’s major potential customers has approved the product qualification specifications for Longonjo’s proposed mixed rare earth carbonate (MREC) product.
Longonjo, in Angola, is expected to produce 20 000 t of MREC starting in 2026 and 40 000 t of MREC from 2029 onwards following the planned expansion.
The Longonjo MREC contains 50% total rare earth oxide of which 24% is neodymium and praseodymium with minimal impurities and is radionuclide-free.
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.