Pensana plans UK rare earth metals facility

Paul Atherley, Chairman of Pensana was interviewed in Resourcing Tomorrow’s channel to talk about the UK’s Critical Minerals Roadmap. Pensana plc (LON:PRE) explores and mines neodymium, praseodymium, and rare earth minerals. The Company’s flagship assets are the

Rare-earth elements (REEs) are found in smartphones, plasma screens and even artificial joints. As components of wind turbines or electric motors, they play an important role in the production of clean energy. The battle for these

When most people hear rare earth minerals, their minds immediately think it refers to the rarest minerals in the world. However, that is not the case. Rare earth minerals are among the most abundant minerals in

Paul Atherley, Chairman of Pensana was interviewed in Resourcing Tomorrow’s channel to talk about the UK’s Critical Minerals Roadmap. Pensana plc (LON:PRE) explores and mines neodymium, praseodymium, and rare earth minerals. The Company’s flagship assets are the

Humber Freeport has launched with a mission to drive hundreds of millions of pounds of investment and at least 7,000 new jobs. The freeport will harness the unique potential and location of the Humber to stimulate

UK-based rare earth developer Pensana expects its Angolan mining operation to benefit from the recently announced $555 million investment in the Lobito Rail Corridor, Kallanish reports. A Trafigura-led consortium – Lobito Atlantic Railway – has been awarded a

Commodities trader Trafigura has commenced a $550 million upgrade of the Lobito Rail Corridor in sub-Saharan Africa that will aid the logistics of mining projects in the area such as Pensana’s rare earth mine in Angola.  A

“We have a vision of creating the most important logistics corridor in sub-Saharan Africa.’’ Trafigura CEO Jeremy Weir commented “We believe the Lobito rail corridor has huge potential to boost the development of sectors along the line including

Pensana has provided details of a revised financing and development strategy which will see the Longonjo operation fully funded into production. Revised funding and development reported by Pensana Pensana plc (LON:PRE) explores and mines neodymium, praseodymium, and

I recently stumbled upon an article on the website of the Brookings Institution, which is an American think-tank. The title of this article is, “Could Africa Replace China as the world’s source of rare earth mineral

Investing in African Mining Indaba (Mining Indaba) announced that the President of the Republic of Angola, H.E. João Lourenço, will attend Mining Indaba 2024 where he will deliver a keynote address to delegates. His presence marks

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.

When we think of the global economic transition from fossil fuels to renewables, we often think of electric vehicles (EVs) and lithium-ion batteries. These batteries are incredibly important; however, even more so are rare earth permanent

The criticality of minerals can also be discussed and assessed in the context of the climate transition. The technologies required to enable a low-carbon transition will require more of these raw materials than their carbon-intensive counterparts. For instance,

The rare earth elements (REE) comprise a group of seventeen metallic elements, including the fifteen lanthanides present in the periodic table, along with scandium and yttrium. Traditionally, these REEs are categorised into two groups based on

The REEsilience EU-project aims to secure a reliable rare earth supply chain to facilitate Europe’s transition to green energy. Rare earth elements (REEs) are essential components in many modern technologies, particularly those associated with the green energy revolution.

Major shareholders in rare earth exploration and development company Pensana have agreed to invest an additional $10m in the business for an increased stake. M&G Investment Management (M&G) and the Angolan Sovereign Wealth Fund have agreed