Pensana Rare Earth Project

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 their atomic

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. As Europe

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 to invest

Rare earths firm, Pensana, which is responsible for the development of the Longonjo neodymium-praseodymium (NdPr) mine in western Angola, has received an additional $10 million investment from its major shareholders, M&G Investment Management and the Angolan Sovereign Wealth

London-based Pensana (LSE: PRE) is being backed by one of the United Kingdom’s largest asset managers and the Angolan sovereign wealth fund to build a rare earths refinery in England and a mine in the African country. M&G

M&G and Angolan sovereign wealth fund Fundo Soberano de Angola (FSDEA) have agreed to inject an additional $10m in UK-based rare earth exploration and development firm Pensana. The two are Pensana’s key shareholders and the fresh infusion will raise their combined

The supply chain for rare earths needed for green technologies is dominated by China. To mitigate supply risks, European countries must invest in domestic mining, processing, and recycling capacities as well as international cooperation. wind turbines, solar panels,

M&G and the Angolan Sovereign Wealth Fund invest a further US$10 million and request right to participate in future funding. With the long-term funding for the Saltend and Longonjo Projects underway, two of the Company’s long-standing and major shareholders

Alison Saxby, Non-Executive Board Member at Pensana PLC shares highlights from Mining Journal Select London 2023 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

Untapped mineral deposits could help UK break China’s vice-like grip on supplies. Aberdeen Minerals is one of several companies hunting for mineral treasure across the UK, as demand explodes for the raw materials that will go into the

China has been accused of “weaponising” its grip on the rare earth metals needed for wind turbines and electric cars amid reports it is preparing a ban on exports of key technology. Beijing is reportedly drawing up plans

The increasingly ambitious wind energy targets being set to reduce reliance on traditional energy sources – both in terms of geographical and material dependence – present a challenge from a supply chain perspective. This is particularly true for

Innovate UK has announced a £15m programme to boost recycling of rare earth elements in order to strengthen critical supplies. Rare earth elements are required in products ranging from electric vehicles to washing machines and laptops, with global

The problem with EVs is that, although driving one might involve zero emissions, building one creates more greenhouse gas than making a petrol engine car. In the case of the Polestar 2, for example, manufacturing creates 24 tonnes

The paper entitled, ”Midstream Processing and Refining: Unlocking Security of Supply,” used Pensana’s  UK-based rare earth oxide refinery as a case study project for strengthening a domestic supply chain of critical materials. “Pensana has commenced construction of a rare

Pensana’s rare earth oxide refinery has been quoted as strategically important to the UK’s security and economy in the Critical Minerals Association paper entitled ”Midstream Processing and Refining: Unlocking Security of Supply” “Pensana Plc aims to become an alternative

The UK Government has announced it will provide £15m in funding to innovate rare earth elements recycling technologies and techniques – a significant boost to the UK’s critical minerals supply chains. Rare earth elements – a group of