[SMM Flash News: Pensana Meets with US Officials to Seek Support] Pensana, a top performer in the rare earth development sector, recently disclosed that its CEO Tim George and Chief Customer Officer Will Izod met with David Copley, the White House National Security Council's lead for critical and emerging technologies, in Washington. The core agenda of the meeting revolved around building a secure and resilient rare earth supply chain.
During the week-long visit, representatives from Pensana and its strategic partner ReElement engaged in in-depth discussions on the potential of Angola's Longonjo rare earth mine as a strategic supplier of raw materials for US rare earth processing, exchanging views with multiple US government agencies.
Notably, the Longonjo rare earth mine is expected to commence production in early 2027, a timeline that precedes the implementation of the Defense Federal Acquisition Regulation Supplement (DFARS). This regulation mandates that rare earths for defense purposes must originate from allied nations, making Longonjo's commissioning plan particularly significant.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.