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Pensana plc

A guide to the rare earths market

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

Pensana plc

Pensana secures funding for rare earths mine in Angola

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,

Pensana plc

Securing Europe’s supply of rare earths

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

Pensana plc

Major shareholders increase stake to 38.6%

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,