PENSANA PLC
Establishing a World-Class Sustainable Supply
of critical Rare Earths for the Green economy
Pensana Plc (LSE: PRE) (“Pensana” or “the Company”) today announces the Company has adopted a business plan to seek to establish, subject to funding, a world-class, independent and sustainable supply chain of the rare earth metals vital for electric vehicle, wind turbine and other strategic industries. This involves:
Pensana’s Chairman, commented:
Paul Atherley
“Saltend has the potential to become the first major separation facility to be established in over a decade – one of only three major producers outside – at a critical juncture when depends on for 98% of its rare earth magnets.