What are rare earth magnets?

Pensana, through its 84% owned subsidiary Ozango Minerais SA, which owns 100% of the Longonjo project, has concluded a non-binding term sheet with the Longonjo lender consortium for a project finance debt facility. The facility amount

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 in the United Kingdom and Longonjo neodymium and praseodymium (NdPr) Project in Angola.

London-listed rare earths project developer Pensana has announced that one of its major potential customers has approved the product qualification specifications for proposed mixed rare earth carbonate (MREC) product from the Longonjo project, in Angola. Longonjo is expected to

One of London-listed Pensana’s major potential customers has approved the product qualification specifications for Longonjo’s proposed mixed rare earth carbonate (MREC) product. Longonjo, in Angola, is expected to produce 20 000 t of MREC starting in 2026

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 in the United Kingdom and Longonjo neodymium and praseodymium (NdPr) Project in Angola.

The rare earths industry continues to evolve under the energy transition. Decarbonisation of key sectors such as transport and increasing renewable energy generation is driving demand for rare earth permanent magnets. Global supply also remains strong

London-listed Pensana has made significant strides at the Longonjo mine site in Angola ahead of main construction starting later this year. The company is currently busy with civil works for the camp, the rehabilitation of the access road to the

The term “critical minerals” is used a lot these days, and it’s not always used with precision. It should be used to describe minerals (or elements) that are both essential to a nation’s economic and strategic

Pensana has provided the following update on activities at the Longonjo mine site ahead of main construction. As previously announced the early-stage development activities are being funded by a US$15 million bridging loan provided by FSDEA

Rare earth minerals are a group of seventeen chemical elements that share unique properties making them vital components in a wide range of modern technologies. Despite the name, these elements are not particularly rare in the

The UK’s critical minerals supply chains are vulnerable due to our continuing dependence on autocracies – in particular China – and the inaction of successive UK governments, a report from the Foreign Affairs Committee has found.

Miners are seeking to take advantage of a jump in the prices of many rare earth elements, needed for permanent magnets used in low-carbon technologies as well as myriad other applications such as weapons systems. The

What are Critical Raw Materials? Critical Raw Materials (“CRMs”) are mineral commodities that are economically important, and at risk of supply disruption by a number of factors, including rapid demand growth, high concentration of supply chains