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LSE:PRE OTC:PNSPF

Pensana PLC

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Market:
LSE
Price
23.80 GBX
Day Change
-4.61%
Market Cap:
£67.87 m
52 weeks high
61.90
52 weeks low
14.50

In brief

Pensana PLC is advancing one of the world's largest undeveloped rare earth mines – the Longonjo neodymium-praseodymium (NdPr) mining project in western Angola.

At full production, Longonjo is expected to produce ~5% of the world production of NdPr in the form of an exported mixed rare earth carbonate.

The upfront capital cost of US$200 million for the fully permitted mine and processing facilities is amongst the lowest amongst its peers making Pensana highly competitive.