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Rare earths & specialist minerals

Pensana sees licence fee payments decline in 2021

In line with the UK regulations, where payment or a series of related payments have not exceeded £86,000 they have not been disclosed.

Pensana PLC (LSE:PRE), which is looking to build the world's first sustainable magnet metal supply chain, has published a report on payments made to governments in 2021.

The disclosure is required by UK company law.

In total, Pensana made payments of US$32,176 in licence fees in Angola in 2021, down from total payments of US$92,433 in 2020.