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Pensana

Pensana is a rare-earth mining and processing company focused on developing projects in Angola and establishing downstream processing facilities. The company is headquartered in the United Kingdom and maintains a listing on the London Stock Exchange's main market, with additional listings on other exchanges. Pensana's flagship asset is the Longonjo rare-earth project in Angola, which targets the production of neodymium and praseodymium oxides used in permanent magnets for electric vehicles, wind turbines and other clean-energy applications. The company is also developing a rare-earth separation facility in the United Kingdom to process concentrate from Longonjo and potentially other sources. Pensana's strategy centres on establishing an independent rare-earth supply chain outside China, which currently dominates global rare-earth processing. The company has attracted investment from institutional investors and has pursued partnerships to advance project development and secure offtake agreements. Pensana operates through its Angolan subsidiary and works with local partners to develop mining infrastructure in the Huambo province. The company was established to capitalise on growing demand for rare-earth elements critical to the energy transition and has progressed through feasibility studies and permitting for its core projects.

Pensana News


An image of Pensana CEO Tim George
Pensana attends US Presidential briefing on rare earths supply
11th August 2026 By: Tasneem Bulbulia

US President Donald Trump, US Secretary of State Marco Rubio and other senior US State Department officials held a private briefing outlining the administration’s support for establishing... 


Three large yellow load haul trucks at the Longonjo rare earths mine in Angola
Major rare earths mine construction progresses
10th July 2026 By: Halima Frost

The construction of the Longonjo rare earths mine in Angola is progressing on target and on budget for first mixed rare earth carbonate (MREC) commissioning in 2027, according to owner and operator... 


Aerial view of the Longonjo project site
Longonjo rare earths mine/refinery project, Angola – update
10th July 2026 By: Sheila Barradas

Longonjo development remains on target and on budget for first mixed rare-earth carbonate commissioning in 2027. 


Frontier Rare Earths CEO James Kenny.
South Africa’s Zandkopsdrift rare earths project highlighted at Junior Indaba
26th June 2026 By: Martin Creamer

The Zandkopsdrift rare earths project in South Africa’s endowed Northern Cape was highlighted on day two of the Junior Indaba, which also learnt of the rapid forward momentum of West Wits Mining’s... 


An image of the Longonjo project
Pensana’s Qatari backer bolsters board
18th June 2026 By: Tasneem Bulbulia

Sheikh Dr Badr bin Dalhim Al-Faheid Al-Hajri has joined the board of the Qatar-backed Cascade Natural Resources and has expressed his support for the company’s $165-million strategic investment... 


Resources Watch
Resources Watch
17th June 2026

This week: Africa must create conditions that allow investment to flourish, Junior Indaba hears; South Africa’s Zandkopsdrift rare earths project highlighted at Junior Indaba and, Electra Mining... 


Frontier Rare Earths CEO James Kenny.
South Africa’s Zandkopsdrift rare earths project highlighted at Junior Indaba
10th June 2026 By: Martin Creamer

The Zandkopsdrift rare earths project in South Africa’s endowed Northern Cape was highlighted on day two of the Junior Indaba, which also learnt of the rapid forward momentum of West Wits Mining’s... 


An image of the Longonjo site
Pensana continues to progress Longonjo mine construction
8th June 2026 By: Tasneem Bulbulia

London-listed Pensana has achieved progress on construction of the Longonjo mine, in Angola. The $250-million development is on target and on budget for first mixed rare earth carbonite (MREC)... 


Pensana receives first tranche of $165m financing to support its US mine-to-magnet strategy
Pensana receives first tranche of $165m financing to support its US mine-to-magnet strategy
17th April 2026 By: Sabrina Jardim

London-listed Pensana has received the first tranche of $15-million from Cascade Natural Resources, as contemplated under a $165-million strategic investment announced on March 4. In return for the... 


Cascade increases strategic investment in Pensana to $165m
Cascade increases strategic investment in Pensana to $165m
4th March 2026 By: Sabrina Jardim

Global rare earth mining investment platform Cascade Natural Resources has increased its previously announced investment in London-listed Pensana in support of the development of the company's US... 


Construction at Longonjo on track for first production in 2027
Construction at Longonjo on track for first production in 2027
3rd March 2026 By: Sabrina Jardim

London-listed Pensana has reported that construction activities at the Longonjo rare earth project, in Angola, continue at pace and that the company is looking forward to a 12-month period of... 


An image of the Longonjo rare earth project
Pensana preps for drill programme at Angola project
21st January 2026 By: Tasneem Bulbulia

London-listed Pensana has started preparation for a 7 000 m infill drill programme at its Longonjo rare earths project, in Angola. The programme is designed to provide both detailed geological and... 


Longonjo site
Pensana moves ahead with construction at Longonjo
14th January 2026 By: Sabrina Jardim

London-listed Pensana has reported that, following conclusion of the early works programmes, funded by the Angolan Sovereign Wealth Fund (FSDEA) during 2025, the main construction activities for... 


An image of the Longonjo site
Pensana’s shareholders reaffirm support ahead of Nasdaq listing
18th December 2025 By: Tasneem Bulbulia

The Angolan Sovereign Wealth Fund (FSDEA) has agreed to a staged conversion of a $15-million bridging loan to manage its ownership percentage in London-listed Pensana, while supporting the... 


An image of the Longonjo site
Pensana concludes $100m strategic equity investment
9th December 2025 By: Tasneem Bulbulia

London-listed Pensana has concluded a $100-million subscription by a strategic investor in support of the company's US mine-to-magnet strategy. Under the terms of the agreement, the strategic... 


Pensana's Longonjo site
Pensana confirms scope to produce higher-value MREC at Angola project
27th November 2025 By: Marleny Arnoldi

Following a detailed evaluation of the Longonjo flow sheet, London-listed rare earths miner Pensana says there is scope to increase the content of heavy rare earths within its high-value mixed rare... 


Longonjo rare earths mine site
Pensana, German company seek to establish mine-to-magnet supply chain in the US
22nd October 2025 By: Sabrina Jardim

London-listed Pensana has signed a memorandum of understanding (MoU) with Vacuumschmelze (VAC) – a Germany-headquartered manufacturer of advanced magnetic solutions, rare-earth permanent magnets... 


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pqt: 0.074s - ct: 0.121s - 251pq - 2rq
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