Big Picture – A Deep Dive Examination of Pensana Metals Ltd
Pensana Metals Ltd Snapshot
Pensana Metals is set to become the next non-Chinese major supplier of NdPr essential for the production of high strength light weight permanent magnets.
Neodymium and Praseodymium (NdPr) are vital components of all EV drive trains.
Chinese companies control 87% of the world’s magnet production and 96% of the NdPr produced globally.
Analysts forecast sustained growth in demand for NdPr and Pensana is well placed to take advantage of this.
The US$300bn EV boom is well underway.
The electrification of motive power is the biggest energy transformation in history.
It’s on every government’s policy agenda and it’s driven by millennials.
But it’s not just EVs.
It’s also wind turbines, all forms of transport, domestic appliances and a growing universe of clean energy applications.
Pensana has a highly experienced board and management team, industry leading consultants and advisors, support from Angolan State, Provincial and Municipal governmental bodies all working towards the successful development of the Longonjo NdPr Project.
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Angola - Huambo Province
Mr Atherley is a highly experienced senior resources executive with wide ranging international and capital markets experience. He graduated as mining engineer from Imperial College London and held a number of mine management, senior executive and board positions during his career. He served as Executive Director of the investment banking arm of HSBC Australia where he undertook a range of advisory roles in the resources sector. He has completed a number of acquisitions and financings of resource projects in Europe, China, Australia and Asia. Mr Atherley was based in Beijing from 2005 to 2015 and developed strong connections within Chinese business, industry bodies and senior government officials, including the most senior levels of the state owned energy companies. He was the Chairman of the British Chamber of Commerce in China, Vice Chairman of the China Britain Business Council in London and served on the European Union Energy Working Group in Beijing. He has been a regular business commentator on China and the resources sector, hosting events in Beijing and appearing on CCTV News and China Radio International as well as BBC, CNBC and other major news channels. Mr Atherley is a strong supporter of Women in STEM and has established a scholarship which provides funding for young women to further their education in science and engineering.
Executive Director / Chief Operation Officer
Mr Hammond has over 28 years' technical, resource definition and project development experience in Africa, Australia and South America. He was most recently the Technical Director with Peak Resources Ltd for seven years where he led all exploration, resource definition and technical study teams, from the second drill hole of the deposit through resource, reserve, scoping study, prefeasibility.
David holds a Master of Science (M.Sc.) and a Diploma of Imperial College (DIC) from the Royal School of Mines Imperial College London. He is a member of AUSIMM and a competent person for JORC reporting.
Mr. Hohnen has experience in the Japanese, Chinese and Korean markets, all of which play a significant role in the production of lithium ion batteries and the development of electric vehicle technology.
Mr. Hohnen has been involved in the mineral resource sector since the late 1970s. He has had extensive international business experience in a wide range of industries including mining and exploration, property, investment, software and agriculture. He has held a number of directorships in both public and private companies and was founding Chairman of Cape Mentelle and Cloudy Bay wines, as well as being on the board of oil and coal company Anglo Pacific Resources Plc.
Mr. Hohnen was also a director of Kalahari Minerals and Extract Resources, having successfully negotiated the sale of both companies to Taurus (CGN). He is also chairman of ASX listed, Boss Resources Limited and director of Salt Lake Potash Limited.
Mr. Maclachlan has over 35 years’ investment banking experience in Europe, South East Asia and Australia and has extensive experience in public company directorships. He currently serves as chairman and a major shareholder in Markham Associates, a private UK partnership, which undertakes financial consultancy and direct investment activities in the junior mining sector in Europe, Australia and South East Asia.
Mr. Maclachlan was a director of Extract Resources Ltd and Kalahari Minerals Plc. Both Extract Resources and Kalahari Minerals were the subject of successful takeovers for $2.1 billion and ₤651 million respectively.
Mr Maclachlan has considerable public company experience in the mining sector having been on the boards of several companies listed on the ASX, AIM and TSX.
Tim George BSc (Hons) Minerals Eng.
Chief Executive Officer
Tim is a Minerals Engineer with over 30 years of experience in the mining and engineering sectors, with a broad experience in mining project development throughout Sub‐Saharan Africa.
He holds an honours degree in Minerals Engineering from Leeds University and has spent over a decade in production management at several Anglo American operations in Africa and was involved with plant design and feasibility studies in various base and precious metal projects.
Scott Mison B.Bus, CA, AGIA
Company Secretary & CFO
Scott holds a Bachelor of Business degree majoring in Accounting and is a Member of the Institute of Chartered Accountants in Australia and Governance Institute of Australia.
Scott has more than 23 years of corporate and operational experience across Australia, UK, Central Asia, Africa and the US. He is currently a Director of ASX-listed New World Cobalt. He is also a member of the Board of Rebound WA Inc. (formerly Wheelchair Sports WA Inc.).
Managing Director, Ozango Minerais
Mr Clatworthy (B.Bus) has over 28 years of experience in the stockbroking industry working for several Australian stock broking firms.
He is an experienced public company director and is General Manager of Pensana’s Angolan subsidiary Ozango Minerais SA.
Graeme has established strong relationships with Pensana’s Angolan Government partner Ferrangol E-P, the Ministry of Mineral Resources and Petroleum and local authorities.
Country Manager, Angola
Paulo is an experienced Country Manager with exceptional organisational and management skills.
He has been involved with the Longonjo NdPr Project since 2012.
Paulo speaks fluent Portuguese and English and has established a wide network of governmental and commercial contacts.
Pensana Metals Ltd
Level 1 / 10 Outram Street
West Perth, WA 6005
Tel: +61 8 92210090
email: [email protected]
ABN: 86 121 985 395