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Pensana has completed a FEED and value engineering study into establishing a UK-based independent and sustainable supply of the magnet metal rare earths vital for the electric vehicle, offshore wind turbine and other strategic industries.
Pensana Plc completes FEED and Value Engineering Study at Saltend Chemicals Park
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...