Pensana secures funding for rare earths mine in Angola

Rare earth metals company Pensana Plc, headquartered in London, UK – working in partnership with Polestar, Route2 and the Universities of Leeds and Hull – has been awarded £316,643 in grant funding by Innovate UK under its CLIMATES programme.

Pensana has been awarded £316,643 in grant funding by Innovate UK under its CLIMATES programme to develop a low carbon sustainable supply chain for rare earth magnets. The company, based at Saltend, will work in partnership with Polestar,

Inward investing rare earth specialist Pensana – in partnership with the University of Hull and others – has secured a £316,643 grant from Innovate UK. The company, developing a refining complex at Saltend, has tapped into the organisation’s Climates

Metals company Pensana on September 14 confirmed that the Sulima West laterite target at its Coola exploration project, in Angola, contains three main types of rare-earth minerals. This was confirmed as the company reported on the mineralogical characterisation studies – undertaken

Following the recent high-grade TREO soil sample results at Sulima West and the very encouraging results from other Coola targets the company is pleased to report on the Mineralogical Characterisation study results. Exploration Manager, Grant Hayward, commented:“We are

Polestar is co-owned by Volvo and the Chinese automotive giant Geely Holding and is based in Gothenburg, where a marble block displaying its emissions targets sits outside its HQ. It is a hefty ambition given the thousands of

Demand for Rare Earth Elements (REE) has surged due to electric vehicles, renewable energy technology and ICT growth. REEs present unique extraction challenges as they are typically found in dispersed, small amounts and in association with other minerals

London-listed Pensana says results from a soil sampling programme at the Sulima West target, at its Coola licence, in Angola, clearly identifies an area of about 500 m by 300 m, or 15 ha, with total rare earth

Pensana is forging ahead with the development of its Longonjo neodymium-praseodymium oxide (NdPr) project close to the city of Huambo in central Angola. Angola’s privatisation drive has resulted in a surge of new exploration projects by both major and

London-listed Pensana says results from a soil sampling programme at the Sulima West target, at its Coola licence, in Angola, clearly identify an area of about 500 m by 300 m, or 15 ha, with total rare earth oxides

Tim George, CEO (..and sometime locomotive driver) reports on the progress being made towards the Longonjo financing, which will see the project fully funded into production on a staged basis. The main focus has been the re-engineering design which will

As the global economy pivots towards greener and more innovative industries, the demand for critical raw materials – particularly rare earth elements – has become an issue of strategic importance. These materials, integral to the net zero, digital,

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 Saltend rare

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 valuable resources