News News
Contact us
  • Customer service number:64321087
  • Commercial service telephone:13918059423
  • Technical service telephone:13918059423
  • Contact person: Mr. Cui 
  • Service email:shxtb@163.com
  • Address: room 107, building 8, no. 100, guilin road, xuhui district, Shanghai

Pensana Rare Earths lists on London Stock Exchange

The date of: 2020-07-07
viewed: 1

source:Mining Review

The Company is not raising any funds in connection with the admission and will have 188,274,665 ordinary shares of £0.001 each in issue.

Paul Atherley, Chairman of Pensana Rare Earths, comments:

“The US$16 trillion post COVID-19 stimulus programmes are transforming the renewable energy sector, supercharging the demand for critical rare earth magnet metals.

“With no new rare earth mines in construction magnet metal prices are forecast to rise over the next few years.

“With Angolan Presidential approval and financial backing from the Angola Sovereign Wealth Fund and various institutional investors, we are on track to bring online the first major rare-earth mine in over a decade to meet the growing demand for the metals critical to the green energy revolution.

“Our listing in London provides UK investors with an opportunity to gain a

direct exposure to the metals critical to the burgeoning EV and offshore

wind sectors.”



Hot News / Related to recommend
  • 2022 - 05 - 25
    Click on the number of times: 0
    source:natureAbstractAn optimized sol–gel protocol was carried out to produce an yttrium aluminum garnet (YAG) xerogel from aluminum alkoxide and an yttrium salt on a semi-pilot scale. This xerogel wa...
  • 2022 - 05 - 24
    Click on the number of times: 0
    source:phys.orgResearchers at Northeastern have discovered a new quantum phenomenon in a specific class of materials, called antiferromagnetic insulators, that could yield new ways of powering 'sp...
  • 2022 - 05 - 23
    Click on the number of times: 1
    source:azomBackgroundPhotocatalysis provides a long-term solution for converting solar energy into high-value chemical fuels. Over the last few decades, a lot of effort has gone into discovering and d...
  • 2022 - 05 - 20
    Click on the number of times: 1
    Generating ultra-violet lasers with near-infrared light through “domino upconversion” of nanoparticles source:eurekalertStrong and coherent ultraviolet light emission devices have enormous medica...
  • Copyright ©Copyright 2018 2020 Shanghai rare earth association All Rights Reserved Shanghai ICP NO.2020034223
    the host:Shanghai Association of Rare Earth the guide:Shanghai Development and Application Office of Rare Earth the organizer:Shanghai rare earth industry promotion center
    犀牛云提供云计算服务