Recent content by Ian Brown

Morning John, I think the newly updated page on the US DFC website says far more than anything we have seem so far. Of particular note is the absolute statement that icludes full processing to separated oxides….. “to advance development of the Longonjo Neodymium and Praseodymium mine and...

The REeX article “Pensana and ReElement Technologies go to Washington” (27 August 2025) makes two inaccurate claims: “…shipping heavy concentrate from Angola to offshore processors carries significant logistical and market risk.” “…the company still faces a funding gap to move Longonjo into...

Pensana Executives meet with senior White House Officials to discuss long term Rare Earth supply into the US CEO Tim George and CCO Will Izod met with David Copley Deputy Director for Critical and Emerging Technology at the White House National Security Council to discuss the establishment of...

🚨 Mine-to-Magnet Chain Now Fully Aligned 🚨 ✅ Upstream (Mine) Pensana’s Longonjo project fully funded with $268m (FSDEA / AFC / ABSA). Output: 20,000 tpa MREC. ✅ Midstream (Separation) ReElement has $150m secured for its Indiana facility. 🔗 MOU signed with Pensana for up to 20,000 tpa...

when the planning permission was sought for Saltend, this point was raised, and the response to the planning authority was "There will be no Radionuclides", the consequences of this not being true, would first of all, the raw material being rejected at point of entry, and secondly some very...

Good morning John, just a small correction, Pensana are not producing a concentrate, they are producing a processed carbonate, and are spending well over 100 million for this part of the process. this is why it is so attractive to RE Elementt, Tsushima Toyota and Solvay. it goes straight into...

Decided to perform another valuation excess on Pensana using worst case scenario. The question is whether Pensana is materially undervalued given the stage of development it has now reached — and more importantly, whether the risk discount currently being applied to the share price is still...

Good Morning John the UK Government have got far more PR out of Pensana, In return Pensana has had platitudes and nothing else. To the contrary without Angolan government support (via the FSDEA (sovereign wealth and largest investor), the Funding would not be where it is. The comments about not...

Hi regarding possible reasons for perceived, or should we so lo valuation compare dot other at the same level of development, SR, a friend and Fellow investor in Pensana made the following comment regarding the stratospheric rise of Mkango over the last week, i think he makes some very valid...

im not far from you John, although there are numbers you can use rather than those you have input, For instance the CAPEX for stage one is stated, (And has been as early as February this year as 217 million including 10% contingency), However for the sake of not trying to massage the numbers...

The page was posted this week (mid-late June 2025), aligning almost exactly with: The MOU announcement between Pensana and RE Element Technologies Growing signals of U.S. institutional interest behind the scenes 📌 What it says: $3.4M technical assistance grant to support feasibility for both...

trumps statement is optics, there is nothing of any substance in the statement. Distilled down the agreement (if that is what it is, its not even a heads of agreement or an MOU) The outcome of the latest U.S.–China talks signals a temporary de-escalation, but no formal structural changes have...

i think we are on the same page

Thanks John — great to see you’ve run this through ChatGPT as well. Feels like we’re having a structured debate with ourselves, but in the best possible way — focused on the mechanics, not the noise. I think we’re broadly aligned on the idea of a 10,000t NdPr oxide reserve for national...

Just throwing this out there — a fag packet idea, but one worth exploring further: The Australian government has proposed a rare earth strategic stockpile for national security purposes. But producers have raised valid concerns: – It could distort market pricing and crowd out industrial buyers...