Pensana Rare Earths Plc

Materials/Manufacturing

Pensana Rakes In $100M Investment to Support Mine-to-Magnet Buildup as Ore Reserves Mushroom in Angola; Makes Offtake Deal with VAC 

December 18, 2025 Editorial Staff Comments Off on Pensana Rakes In $100M Investment to Support Mine-to-Magnet Buildup as Ore Reserves Mushroom in Angola; Makes Offtake Deal with VAC 

Pensana has raked in a $100 million stock investment by an unnamed strategic Investor in support of the UK company’s mine-to-magnet strategy. The move follows soon after a detailed evaluation of its developing Longonjo property in Angola resulted in jumping by five times its content of rare earths for magnet applications — elevating the property’s status as an important potential future provider of magnetic feedstock outside China. […]

Materials/Manufacturing

Pensana Selects Site for Rare Earth Processing Facility in UK

December 10, 2020 Editorial Staff Comments Off on Pensana Selects Site for Rare Earth Processing Facility in UK

Pensana Rare Earths has selected the Saltend Chemicals Park in England as the site for its proposed rare earth processing facility as part of its venture to establish a sustainable magnet metal supply chain fed by its mine property in Angola.  It would become one of only a few major producers […]