IN BRIEF: Pensana names rare earths veteran Karen Brown as new COO

Pensana PLC - London-based rare earths explorer - Names Karen Brown as its new chief operating officer, with effect from October 1. Brown replaces Rocky Smith, who will continue with the company as part of the team currently developing the Longonjo project. Brown spent 21 years as managing director at Neo Materials Chemicals & Oxides for Europe, part of Canadian chemical manufacturing firm Neo Performance Materials Inc. Neo develops magnetic powders, rare earth magnets, magnetic assemblies, specialty chemicals, metals and alloys for the rare earth sector.

‘Drawing on my longstanding experience in rare earths and international operations, including working with multicultural teams across Asia, Europe and the USA, I look forward to collaborating with the talented Pensana team to deliver operational excellence, expand market presence, and drive sustainable growth in this critical sector,’ Karen Brown says.

Current stock price: 119.50 pence, down 4.8% in London on Tuesday morning

12-month change: up from 14.63p

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