London-listed company Pensana announced that the main construction project of its Longonjo rare earth project in Angola has commenced, following the receipt of $25 million in mine financing from the Fundo Soberano de Angola (Angola's sovereign wealth fund).
The construction team, led by project manager Kevin Botha, a South African project management professional, has initiated key procurement and engineering contracts.
Engineering service providers Pro-Process and ADP (Lycopodium RSA) have been officially appointed and have commenced their activities.
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