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Pensana Rare Earths News
Pensana Rare Earths has received the first tranche of $15-million from Cascade Natural Resources as contemplated under a $165-million strategic investment, announced on March 4.
Global rare earths mining investment platform Cascade Natural Resources has increased its previously announced investment of $100-million in Pensana to $165-million.
Pensana Rare Earths has reported that the project remains on schedule, with main construction progressing, and commissioning targeted for 2027.
Pensana has secured a $100-million subscription from a strategic investor to advance its US mine-to-magnet strategy.
Pensana is preparing a $11-million drilling and metallurgical programme aimed at increasing the Joint Ore Reserve Commitee-compliant mineral resource estimate to more than one-billion tonnes.
Critical minerals company Pensana Rare Earths is preparing a $11-million drilling and metallurgical programme aimed at increasing the Joint Ore Reserve Commitee-compliant mineral resource estimate...
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