Pensana (LSE: PRE)
163p (160p- 165p)
Mkt Cap: £330m
Next Results: Y/e June est Oct
A World-Class Sustainable Supply of critical Rare Earths for the Green economy in Humber
The new economy needs electric vehicles and wind turbines and these and other strategic green economy industries need tonnes of permanent magnets. Pensana are developing a rare earth mine in Angola, which has an estimated 20 years plus mine life with an annual production of 12,500 tonnes of rare earth oxides. This includes 4,500 tonnes of strategically critical magnet met...
