Pensana appoints natural resources financier as nonexec director

29th September 2021 By: Creamer Media Reporter

Rare earths company Pensana has appointed highly experienced natural resources financier Steve Sharpe as independent nonexecutive director.

Sharpe is an executive board member of EIT Raw Materials and a Partner of SLB Capital Management. Previously, he was chairperson of AME Group, MD at Canaccord Genuity, MD at Endeavour Financial and held senior positions at Standard Bank and NM Rothschild.

"We are delighted to welcome Steve Sharpe to the board who brings a wealth of experience in financing and developing resource projects around the world at a time when we are looking to finance Saltend and Longonjo. Steve has been involved with the financing of some $6-billion over his 37-year career," comments Pensana chairperson Paul Atherly.

Nonexecutive director Sandra Bates has stepped down.

Further, the company has also appointed William Izod chief commercial officer and Danny McNeice sustainability manager.

Izod has worked for leading organisations including Dyson and Johnson Matthey. 

McNeice joins from Drax Group where he was a senior environment and social governance analyst.

Pensana is developing the Longonjo mine, in Angola, as well as a $125-million rare earth separation facility at the Saltend Chemicals Park, in Humber Freeport, England.