Pensana PLC

Pensana PLC is engaged in the exploration and development of rare earth minerals, primarily focusing on the Longonjo NdPr Project in Angola, where it is constructing one of the world's largest rare earth mines. The company also holds the Coola Exploration Project in Angola and operates a rare earth separation facility in the UK. Pensana generates revenue through offtake agreements for its ultra-clean mixed rare earth carbonate (MREC) and aims to establish a Western-facing magnet supply chain by converting MREC into separated rare earth oxides. Its operations are centered in Angola and the UK, targeting customers in the technology and energy sectors that require critical minerals for permanent magnets.

Pensana PLC is engaged in the exploration and development of rare earth minerals, primarily focusing on the Longonjo NdPr Project in Angola, where it is constructing one of the world's largest rare earth mines. The company also holds the Coola Exploration Project in Angola and operates a rare earth separation facility in the UK. Pensana generates revenue through offtake agreements for its ultra-clean mixed rare earth carbonate (MREC) and aims to establish a Western-facing magnet supply chain by converting MREC into separated rare earth oxides. Its operations are centered in Angola and the UK, targeting customers in the technology and energy sectors that require critical minerals for permanent magnets.