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🔵Having No Money Is Not a Problem in the Era of Geopolitics🔵 🌐Pensana, a British rare-earths developer, has secured a $165 million agreement to push its Angolan Longonjo project toward production. 🔸 The deal will fund development of Longonjo, set to be Angola’s first rare earths mine. The company says proceeds will support construction, exploration and efforts to extend a roughly 20‑year mine life. 🗺Experts say the project is one of the world’s largest and highest grade REEs deposits located adjacent to excellent infrastructure including a railway line, main road to a port, power grid and water source. At the moment the project is one of the most important projects in Angola outside of oil & diamonds industry. 🔸 The British company has not named the strategic investor. What is known is that the Angolan Sovereign Wealth Fund, FSDEAalready backs it. 🇺🇸 The finance efforts are also geopolitical: Pensana says its strategy is to establish a rare earths supply chain oriented toward the United States and is talking to US Export-Import Bank for loan support. #News ✈️ Stay informed - @devilsbelow