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
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
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
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,
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
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
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
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,
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
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
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