Mining News

Pensana continues to progress rare earth projects

London-listed Pensana achieved considerable progress for the six months ended December 31, 2021, as the company looks to establish an independent and sustainable magnet metal rare earth production facility at Saltend, in the UK, to meet demand from the electric vehicle and offshore wind sectors, chairperson Paul Atherley says. He says both the Saltend project and the Longonjo rare earth mine project, in Angola, have been brought to front end engineering design (FEED) status, with financing and offtake discussions being well advanced.

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