Pensana Plc Publish an Operational Update

Pensana PLC (LON: PRE)

Published an operational update, following the recent ground-breaking ceremony.

The Project Delivery Teams for each of Saltend and Longonjo projects have been finalising the detailed construction and fabrication specifications for all critical path items cross each of the operations in order to maintain the planned construction and execution schedule. 

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Pensana PLC

Pensana Plc groundbreaking ceremony.

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Pensana PLC LSE: PRE
Stage Development
Metals Rare Earth Elements
Market cap £147 million @56.4p
Location Yorkshire, UK., Angola

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Pensana PLC – Operational Update for Saltend and Longonjo Operations.

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Pensana PLC (LON: PRE) is pleased to publish the following Operational Update:

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Following the recent ground-breaking ceremony, the Project Delivery Teams for each of Saltend and Longonjo
projects have been finalising the detailed construction and fabrication specifications for all critical path items
across each of the operations in order to maintain the planned construction and execution schedule.

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Saltend

The Company has taken occupation of the Reedmere site and Wood has taken on the role of Principal Designer
and Principal Contractor.
Wood has finalised the Process Design, optimised the Site Layout Plan and has increased its multi-discipline
engineering team to 65 people which is implementing the long lead time packages including:
• FRP Settlers
• Agitators (Mixer Pumpers)
• FRP Tanks
• Bagging Units
• Scrubbers
Wood has mobilised its early construction management team and appointed the early enabling works contracts
for site preparation, pioneering facilities, security and the third party works by Yorkshire Water.
Over-the-fence service packages being supplied by px Engineering which include tie-ins to power, water, steam,
compressed air and effluent are underway.

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Longonjo

The Wood RSA and Owners Team complement now stands at 50.
Orders have been placed for the fabrication and delivery of the following long lead time items;
• tailings storage facility
• power supply and substation
• acid plant
• calciner & dryers
• flotation plant
• reagents handling
• comminution circuit
• thickeners
• earthworks & civils
• filters & nano filtration
• potable water supply

Fabrication of the construction camp and associated infrastructure upgrades required to the existing exploration
camp (water, power, sewerage) is underway.
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Tim George CEO commented:

“Following the recent ground breaking ceremony we are delighted to have moved out of the study phase and
into the construction phase for both projects. We now have a multi-disciplinary team of over 120 engineers
working across both projects.

“Our Project Delivery Teams led by Hamish Westwater for Saltend and Kevin Botha for Longonjo are working
closely with our main contractors on the long lead items and the other preparatory work ahead of the main
construction.

“Both projects are fully permitted, operationally robust with fit-for-purpose technical solutions for both Angola
and the UK.

 

“The value engineering exercise we undertook early this year has given us confidence that we can
maintain the overall project time line and budget in an environment of significant inflationary pressure.
We look forward to providing regular updates on the progress of the construction from both projects.”

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To read the full news release, please click HERE

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