Pensana Plc is a critical metals company engaged in the exploration, development and processing of rare earth elements essential for clean energy and high‐technology applications. The company’s flagship asset is the Longonjo rare earths project in Angola, which is being advanced toward production of neodymium and praseodymium—key magnets in electric vehicles, wind turbines and consumer electronics. Pensana has structured its operations to address both upstream mining and downstream beneficiation, ensuring that its concentrate is processed into separated rare earth oxides.
To support a robust and secure supply chain, Pensana is developing the Saltend rare earth processing facility in the United Kingdom. This industrial‐scale ion exchange and purification plant, located in the Humber region, is designed to convert mixed rare earth concentrates into high‐quality oxide products suitable for magnet and metal producers. The integrated approach from African orebody to European separation site aims to reduce reliance on single‐source supply and create a vertically integrated critical material supply chain.
Founded in the mid-2010s and headquartered in London, Pensana has focused on forging strategic partnerships with governments and industry stakeholders. The company has secured funding and offtake agreements to underpin project development in Angola and the UK, aligning its growth strategy with global decarbonization goals. Its initiatives support both the European Union’s critical raw materials agenda and the broader transition toward low-carbon technologies.
Pensana’s leadership team is led by Executive Chair Tim George, whose background spans mining, commodities and industrial projects. Under his guidance, Pensana has advanced exploration drilling, metallurgical test work and front-end engineering design studies, while assembling a multidisciplinary group of technical, environmental and finance professionals. The company continues to progress towards first production and commercial sales, aiming to establish itself as a reliable supplier of rare earth oxides to the global market.
AI Generated. May Contain Errors.