LSE Announcements

Facilitating a greener energy future

2025 LSE Announcements

2024 LSE Announcements

2023 LSE Announcements

2022 LSE Announcements

2021 LSE Announcements

  • £10 million Placement to M&G Investment Management (“M&G”)
  • Annual General Meeting – Chairman’s Presentation
  • Results of Annual General Meeting
  • Notice of Annual General Meeting – 9th December 2021
    Click here to VIEW FULL NOTICE
  • Critical Minerals & UK Green Economy Presentation
  • Independent & Sustainable Rare Earth Production
  • UK Gov commits £3.2Bn to EVs and offshore wind
    Click here to view the report.  
  • Publication of Annual Report 2021 and Notice of Meeting
  • Liberum picks Pensana as top stock for COP26
  • European Raw Materials Alliance launches rare earths call to action
  • Rare Earth Magnets and Motors: A European Call for Action
    Click here to view the report.
  • Board and Management Appointments
  • Coola Continues to Deliver Strong Progress
  • Pensana shortlisted for PLC Awards New Company of the Year
  • A Blueprint for Responsible Sourcing of Critical Minerals
    Click here to view the report.
  • Update on site development, Financing and Investor Webinar
  • Breaking Ground at the Saltend rare earth processing hub
  • Commencing development of the world’s first Freeport rare earth processing hub
  • Issue of Equity
  • Total Voting Rights
  • Directorate Changes
  • Admission of Fundraise Shares and Total Voting Rights
  • Fundraise to raise £15.0 million
  • Building a robust magnet supply chain for the UK
  • Establishing a World-Class Sustainable Supply of critical Rare Earths for the Green economy
  • Interim results for the six months ended 31 December 2020
  • Saltend receives first phase backing from the £1 billion Automotive Transformation Fund

    Pensana's proposed world class rare earth separation facility to be located at Saltend Chemicals Park has received first phase progression from the UK Government’s £1 billion Automotive Transformation Fund ("ATF") which seeks to support the national transition to Electric Vehicles.

    The UK electrified supply chain opportunity is estimated at £24 billion over the next five years.

    The ATF is a long-term programme designed to enable the UK to build the world’s most comprehensive and compelling electrified vehicle supply chain. It is part of Advanced Propulsion Centre UK, which provides funding, support and insight to help the nation’s automotive industry transition towards a Net Zero future.

    The project proposal is anchored by the nationally significant, US$125 million investment in the Saltend facility located at the heart of the Zero Carbon Humber cluster in Humber, Yorkshire.

    The Saltend project will create over 100 skilled jobs and will be the world’s first major rare earth separation facility to be established in over a decade.

    Pensana’s Chairman, Paul Atherley commented: 

    “We welcome first phase progression of our project proposal to the Automotive Transformation Fund and plan to work with Government on the establishment of one of the world’s first mine to metal supply chains which will be central to the transition to electric vehicles in the UK and an important step on the journey to our Net Zero future.”

  • First phase project progression from the UK Automotive Transformation Fund
  • Appointment of Chief Operating Officer and Metallurgical Manager
    Rocky Smith has been appointed as Chief Operating Officer. Rocky is a highly experienced Chemical Engineer with 35 years’ rare earths experience. He was Managing Director of Molycorp’s Mountain Pass rare earth project in California, US,  now owned by MP materials and listed on the New York Stock Exchange. Rocky is one of the few western mining executives with in-depth knowledge of the rare earth industry, including the supply chain, operational start-up and running complex chemical processes. At Mountain Pass, Rocky was responsible for building the project and delivering operational readiness. He established the training systems, Quality Management and in accordance with “Zero Harm”, the highest possible health, environment and safety performance standards. More recently, Rocky was CEO of ASX listed Peak Resources. Roy Gordon has been appointed as Metallurgical Manager. Roy is a senior hydrometallurgist with more than 10 years’ experience across international projects in support of the High Value Manufacturing and advanced manufacturing economies. Roy worked previously with Rocky at Peak Resources. He has built and optimised projects supporting magnet and battery manufacture and holds an MBA from Curtin University and a Double Major in Chemistry and Mineral Science from Murdoch University. The appointments have been made with immediate effect. They underpin Pensana’s commitment to establish the world’s first fully sustainable mine to magnet metal supply chain from the rare earth oxide separation facility proposed at the world-class Saltend Chemicals Park in the Humber, Yorkshire. Chairman Paul Atherley commented: “We warmly welcome Rocky and Roy to the growing Pensana management team ahead of our developments at Saltend and in Angola and our ambition to establish the world’s first fully sustainable mine to magnet supply chain. Rocky is a hugely talented Chemical Engineer with outstanding experience across the global rare earth industry. His knowledge in establishing processing operations will be extremely valuable as the Company commences development of the proposed processing facility at Saltend. We are also pleased to welcome Roy, who has previously worked with Rocky and will be a major contributor to the growing operational team.”
  • Appointment of Chief Operating Officer and Metallurgical Manager
  • Humber Freeport Status
    The Humber is one of eight Freeports announced in The Budget and houses the world-class Saltend Chemicals Park, managed by the pxGroup, where Pensana proposes to build its magnet metals separation facility. The US$125 million facility, which will generate 100 jobs in operation, underpins the Company’s commitment to establishing the UK’s first rare earth processing facility with a view to creating the world’s first fully sustainable magnet metal supply chain; crucial components for the manufacturing of permanent magnets used in a range of advanced applications including electric vehicles and offshore wind turbines. The Humber is the UK’s busiest port complex and uniquely placed to generate approximately 7,000 jobs, delivering on the Government’s twin ambitions to ‘level up’ the regions and decarbonise the economy. Under the bid led by Associated British Ports (ABP), the Freeport encompasses the ports of Hull, Immingham, Goole and major manufacturing sites. “Our Freeports will have: Simpler planning – to allow businesses to build; Infrastructure funding – to improve transport links; Cheaper customs – with favourable tariffs, VAT or duties; and lower taxes – with tax breaks to encourage construction, private investment and job creation. An unprecedented economic boost across the United Kingdom” Chancellor Sunak said. Each Freeport will consist of a broad range of facilities that benefit from Customs Zones or Tax sites as part of measures aimed at levelling up and generating jobs and investment. The Humber Container Terminal is the UK’s northern trade gateway and a range of major projects are underway in the region in support of the Green Economy. Projects include the Hydrogen-to-Humber project (H2H Saltend) led by Equinor; the Able Marine Energy Park (AMEP), a £500m Government-backed project supporting offshore renewable energy; and Zero Carbon Humber (ZCH), a consortium of blue-chip multinationals with a shared vision to transform the Humber region into the UK’s first net-zero carbon cluster by 2040. Pensana’s Chairman, Paul Atherley said: “We are delighted that the UK Government has awarded Freeport status to Humber. Chancellor Sunak has announced that Freeports will help the UK to ‘replace industries of the past with green, innovative, fast growing new businesses’ and Pensana exemplifies that pledge. It supports our view that it is no longer acceptable for British and European companies to import the raw materials critical to the Green Economy from unsustainable sources. We look forward to accounting for Freeport benefits in greater detail within the business plan the Company will announce imminently.”
  • Humber Freeport Status
  • Appointment of Jeremy Beeton as Non-Executive Director
  • Reports on Payments to Governments for FY 2020
  • Delisting from the Official List of ASX
  • Voluntary Suspension. Delisting from ASX
  • Change of name Pensana Plc
  • Results of General Meeting 8.2.21
  • Mining exploration entity or oil and gas exploration entity quarterly cash flow report
  • Quarterly Activities Report for the Period Ended 31 December 2020
  • Remote Access to General Meeting
  • Planning application to establish rare earth processing facility at Saltend Chemicals Park, Yorkshire
  • Voluntary Delisting From ASX