Pensana Rare Earths PLC (PRE) · 2026-10-26
Pensana Rare Earths is discussing US$75-90 million of equity funding for Ozango, but Longonjo construction is slowed until the financing is concluded. Cascade expects to deploy a significant tranche within 14 days, although the funding remains under discussion.
Pensana Plc (PRE) · 2026-09-25
Pensana has slowed Longonjo construction pending financing, pushing the expected construction schedule from 2028 to late 2028. US$15 million has been received from Cascade, while financing and debt-supporting offtake discussions continue; Pensana has accepted Tyranna’s Coola farm-in offer.
Pensana Rare Earths PLC (PRE) · 2026-08-17
Pensana Rare Earths said Sheikh Dr Badr bin Dalhim Al-Faheid Al-Hajri's appointment to Cascade Natural Resources Limited's board is still not effective, with no Guernsey Registry filing yet made.
Pensana Plc (PRE) · 2026-08-10
Pensana highlighted US$3 billion of U.S. support for critical-minerals supply chains as its US$250 million Longonjo development reached approximately 25% completion.
Pensana Plc (PRE) · 2026-08-06
Pensana said Cascade financing has been delayed as proposed funding expands beyond the US$165m Longonjo mine development plan, with US$15m received and US$150m outstanding.
Pensana plc (PRE) · 2026-06-18
Pensana said Sheikh Dr Badr bin Dalhim Al-Faheid Al-Hajri joined Cascade Natural Resources' board. He is fully supportive of Cascade's US$165 million strategic investment into Pensana.
Pensana Plc (PRE) · 2026-06-08
Pensana's $250m Longonjo mine in Angola is on budget and 22% complete, targeting 2027 commissioning. MOUs for 20,000 tonnes of annual production cover 100% of initial capacity. A Heavy Rare Earth upgrade targets 122 tonnes of annual production.