Pensana Plc · LSE:PRE
Pensana — Investor Presentation (September 2025)
18 slides from Pensana's investor presentation, September 2025
Slide 1: Constructing one of the world's largest rare earth mines
PENSANA Plc Constructing one of the world’s largest rare earth mines Corporate Presentation September 2025 LSE:PRE
Slide 2: Constructing one of the world's largest rare earth mines
Pensana | Corporate presentation Constructing one of the world’s largest magnet metal World class deposit rare earth mines to meet rapidly growing demand One of only three ore bodies with >100kt NdPr reserve Larger resource than MP Materials • LSE main board listed with 302 million shares on issue (
Slide 3: Significant importance of Rare Earths in the global economy
Pensana | Corporate presentation Significant importance of Rare Earths in the global economy Humanoid Robotics to match EV sales by 2030 with matching demand in Rare Earths1 Data Centre capacity predicted to triple by 20302 Global drone market expanding at a compound annual growth rate of 22.3% to 2
Slide 4: Mine to Magnet Strategy | Unlocking supply chain resilience
Pensana | Corporate presentation Mine to Magnet Strategy | Unlocking supply chain resilience Mine Separation Metallisation Magnet OEM Upstream Downstream 3
Slide 5: U.S. and allied focused Mine to Magnet Strategy
Pensana | Corporate presentation U.S. and allied focused Mine to Magnet Strategy Angola U.S. and allied based partnerships Upstream Separation Metallisation Magnet OEM Mine & Processing SX Refinery and Conversion Strategic Partnering • Longonjo production 2027 ahead of the U.S. Defence deadline on r
Slide 6: Strategic partnerships
Pensana | Corporate presentation Strategic partnerships Strong demand for Longonjo’s Highly-Marketable Mixed US$3.4 million grant Rare Earth Carbonate (MREC) “DFC is pleased to support such an impactful project that aligns with our priority of building more diverse, resilient, and sustainable critic
Slide 7: Angola | Premier Jurisdiction for partnership unlocking the Lobito Corridor
Pensana | Corporate presentation Angola | Premier Jurisdiction for partnership unlocking the Lobito Corridor • Angola recognised by the Fraser Institute1 as Africa’s second most improved jurisdiction for mining investment. • US$1.7bn of investment into Lobito Corridor, with support from US governmen
Slide 8: Unique near surface high grade ore body with access to world class infrastructure
Pensana | Corporate presentation Unique near surface high grade ore body with access to world class infrastructure 22Mt at 3.04% TREO 20+ years Mineral reserve Life of Mine Monte Sulima Verde West US$ 217 million 4,200tpa NdPr Coola Stage 1 Capital expenditure Full production potential (Stage 1+2) 2
Slide 9: Longonjo main camp and associated infrastructure ahead of main construction
Pensana | Corporate presentation Longonjo main camp and associated infrastructure ahead of main construction 8
Slide 10: Rare Earth Exchange NdPr project ratings
9 Rating Notes 0.0 1.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 2.0 10.0 Lynas | Mount Weld (AU) 7.9 MP | Mountain Pass (US) 7.6 Serra Verde | Serra Verde (BR) 7.3 Pensana | Longonjo (AO) 7.0 Arafura | Nolans (AU) 6.7 China RE | Maoniuping (PRC) 6.4 China RE | South China (PRC) 6.3 Pensana | Corporate presentati
Slide 11: Longonjo construction timeline: 18 months to initial production
Pensana | Corporate presentation Longonjo construction timeline: 18 months to initial production 2025 2026 2027 Item Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Construction Engineering and Design Procurement and Manufacturing Site Establishment and Construction Commissioning Production Initial Production S
Slide 12: Through the Development and Financing period and coming into production
Pensana | Corporate presentation Through the Development and Financing period and coming into production as NdPr prices take off 700.00 2021 Moving towards production • Mineral resource upgrade to 313Mt 2024 • Completion of flotation pilot test • Engaged with Lender group • Early-stage design 2022 6
Slide 13: Longonjo Stage 1 Process Plant Design
Pensana | Corporate presentation Longonjo Stage 1 Process Plant Design 12
Slide 14: Leadership and Management Team
Pensana | Corporate presentation Leadership and Management Team Executive Directors Non-Executive Directors Technical Management Team PAUL ATHERLEY ALISON SAXBY KAREN BROWN CHAIRMAN NON-EXEC DIRECTOR CHIEF OPERATIONS OFFICER Mr. Atherley is an experienced mining Alison is an industry-leading expert
Slide 15: Appendix
Constructing one of the world’s largest rare earth mines Appendix 14
Slide 16: Investing in local talent to lead the team to success
Pensana | Corporate presentation Investing in local talent to lead the team to success GERALDINE TCHIMBALI MAQUINA COUNTRY MANAGER Nominated for 100 Global Mrs Maquina joined Ozango as a junior geologist for Coola Mining in 2020. Having gained experience in the field as a geologist, she opted to mov
Slide 17: Exciting new exploration discoveries at Coola and Sulima West
Pensana | Corporate presentation Exciting new exploration discoveries at Coola and Sulima West • Exciting new discoveries at Coola and Sulima West - 75 km north of Longonjo. • Coola confirmed as a 900-metre diameter carbonatite ring dyke with similar scale and prospectivity to Longonjo. • Sulima Wes
Slide 18: Cautionary Statement
Pensana | Corporate presentation CAUTIONARY STATEMENT This presentation and any additional documents presented (together the “Presentation Materials”) are being supplied to you Neither this document, nor any copy of it, may be taken or transmitted into any jurisdiction where it would be unlawful to