– UK, London – Pensana Rare Earths Plc (LSE: PRE | ASX: PM8) today announced the appointment of Sandra Bates to its Board as Independent Non-Executive Director effective immediately.
“We are delighted to welcome Sandra to the board and look forward to her guidance as we seek to establish Pensana as the leading LSE listed company on the EV and Offshore Wind critical metal supply chain.” said Board Chairman, Paul Atherley.
He added: “Our Longonjo project is being designed to Equator Principles and IFC Performance Standards and very unusually for a mine, due to its access to hydropower, rail and end-market use it will be GHG Emissions Scope 1, 2 and Scope 3 compliant. The EU taxonomy on Sustainable Investment is the writing on the wall for all listed Companies seeking access to the burgeoning ESG Funds and with Sandra’s assistance we are aiming to become a company that fully integrates Sustainable Development Goals into its operations from the outset and from the ground up.”
About Sandra Bates
Ms Bates is an international lawyer with over 20 years’ experience advising listed and private companies in the natural resources sector on complex commercial negotiations and Environmental, Social and Governance engagement.
Ms Bates is a Partner at Keystone Law, the London based law firm, a Non-Executive Director of LSE listed Adriatic Metals Plc and a member of Women in Mining UK.
Sandra Bates commented: “I am delighted to be joining Paul and the team at this very exciting stage of the Company’s development. The team is particularly passionate about developing young Angolan professionals, especially women in STEM, engaging responsibly with the environment, putting back into the local community and looking to build one of the world’s lowest carbon footprint mines. I am excited to have the opportunity to help the Company develop as a sustainable business and a trusted partner for all stakeholders.”
Pensana Rare Earths Plc is a junior mining company listed on the main board of the London Stock Exchange and ASX. The Company has an experienced mine development team that is rapidly developing the large and high-grade rare earths mining project located at Longonjo near Huambo, Angola.
The Company has recently received Angolan Presidential approval and financial backing from the Angolan sovereign wealth fund to develop the Longonjo Project as the world’s first major rare earth mine to be brought online in over a decade to help meet the rapidly growing demand for the magnet metals critical for electric vehicles and offshore wind turbines and a range of other applications important for the transition towards a green economy.
For more information: https://www.pensanametals.com/
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