Pensana plans $75-90M capital raise for Ozango, targets Longonjo startup by January 2028

Pensana Plc announced plans to secure $75-90 million in capital for its subsidiary Ozango to resume construction at the Longonjo rare earths project. Cascade is expected to disburse a significant tranche within 14 days, with the mine targeting startup by January 2028 and full production by September 2028.

Detected & updated continuously · Source: Nebula