- Pensana Rare Earths (PM8) has successfully produced a neodymium-praseodymium (NdPr)-rich mixed rare earth carbonate (MREC) from recent test work
- Test work is being undertaken at a Perth-based lab using material from Pensana’s Longonjo rare earth project in Angola
- Additionally, two industry experts have developed a flowsheet to produce a high-grade MREC with NdPr
- Pensana considers this mixed combination to be of a higher value to a broader market while maintaining a high purity
- Test work is ongoing and is set to support an upcoming bankable feasibility study
- Company shares are up 12.8 per cent and are trading for $1.15
