en.Wedoany.com Reported - Sheikh Dr. Badr bin Dalhim Al-Faheid Al-Hajri has joined the board of Qatar-backed Cascade Natural Resources and expressed support for the company's $165 million strategic investment in rare earth enterprise Pensana.

Pensana stated in a release that the appointment reflects Cascade's growing international standing and strong support from Qatar, as Cascade seeks to advance its investment in Pensana and the Longonjo project in Angola, further deepening its commitment to the rare earth supply chain.

Al-Hajri brings extensive experience in government, diplomacy, and international economic affairs, having held senior positions in institutions under the framework of the League of Arab States and the Arab Economic Unity Council, which represent 22 Arab member states across the Middle East, North Africa, the Gulf region, and other parts of Africa. He brings to the Cascade board deep connections within the sovereign and institutional investor communities of the Gulf region, along with a long-standing commitment to fostering investment partnerships between the Arab world and international markets.

Al-Hajri expressed his pleasure in joining the Cascade board to contribute strategic vision to advancing the investment in Pensana and the Longonjo project. He views this significant investment as a forward-looking commitment to strengthening the critical minerals supply chain and supporting the development of sustainable mining and processing capabilities, a sector that will play a key role in driving future technologies, advanced manufacturing, and long-term industrial growth. He looks forward to working with the Cascade team to build leadership in the rare earth industry.

Pensana Chairman Paul Atherley welcomed Al-Hajri's support and the investment from Qatar-backed Cascade, which will accelerate Longonjo's development into one of the world's largest rare earth mines and advance downstream industry ambitions. Cascade Chairman Lloyd Pengilly stated that Al-Hajri's appointment reflects the steadfast support Qatar brings to Cascade, as the company works to build a global leader in rare earths. The investment in Pensana and the Longonjo project is a key step in this journey, and he thanked Qatar for its support while expressing anticipation for future collaboration.

Al-Hajri's appointment is expected to strengthen Cascade's ties with Qatar and broader Gulf investors as the company executes its critical minerals strategy.

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