Pensana signs up to UN sustainability initiative as it gears up for Saltend supply chain in magnet metals

Every week, a new concession agreement is signed or a foreign company invests in rare-earth mining projects in the continent of Africa. Africa has the world’s largest mineral reserves. Countries like Burundi, Madagascar, Malawi, Kenya, Namibia, Mozambique, Tanzania,

Business Secretary Grant Shapps has agreed to deepen the UK’s collaboration with the Kingdom of Saudi Arabia on critical minerals, putting the government’s ambitions for building more resilient critical minerals supply chains into clear action. The partnership paves

Pensana, which is developing a £150m rare earth refinery at Saltend, is to receive more than £3m worth of investment from one of its shareholders. M&G Investment Management, a fund manager and longstanding Pensana shareholder, has agreed to

UK fund manager M&G Investment Management will invest a further $4-million in Pensana, which is focused on establishing a sustainable magnet metal supply chain. Pensana will issue 7.25-million new shares to M&G, which is already a shareholder in the company.

One of the UK’s largest fund managers has upped its stake in Humber Bank-investing rare earth specialist Pensana. More than £3 million has been pumped into the company by M&G Investment Management, as it increased its shareholding to

Following a record number of nominations by you, the mining industry, Resourcing Tomorrow is excited to announce the short-listed nominees for the ESG Awards brought to you by Mines and Money. This year’s nominees comprise a range of

Rare earths developer Pensana reports that construction is progressing well at both its Saltend rare earths processing hub, in the UK, and its Longonjo rare earths mine, in Angola. The enabling works for construction, which started in October, are delivering on

Vital pipework relocation is underway at the Saltend site for rare earth specialist Pensana, as it prepares for the main works to start early in the New Year. A contractor working on behalf of Yorkshire Water is moving

Pensana chairman Paul Atherley has reflected on “considerable progress for the company” in its development of the world’s first independent and sustainable magnet metal rare earth processing hub at Saltend. It came as the company released its 2022 Annual

Rare earths developer Pensana has confirmed that it will predominantly focus its exploration efforts next year on the Sulima West carbonatite target, on the Coola exploration licence, in Angola. The target is located 40 km north of its Longonjo rare earths mine,

UK-based rare earths exploration and development company Pensana has entered the construction stage at its Longonjo neodymium-praseodymium mining project in western Angola. Pensana is investing up to $300 million for the development of the Longonjo mine and processing infrastructure and has