China has dominated rare earth production for years, but other actors are looking to challenge this state of affairs. Pensana is developing facilities in England and Angola to diversify the world’s rare earth production, but can these two projects help to shift the balance of power?
Elsewhere, assess the role of sand mining in South Africa, and ask why miners are calling for an end to artisanal mining in this productive sector. We also check in with Deloitte to see if their Covid-19 predictions have come to fruition, two years into the pandemic.
Pensana plc (LON:PRE) explores and mines neodymium, praseodymium, and rare earth minerals. The company is looking to establish the world’s first fully sustainable magnet metal rare earth oxide producer at the Saltend Chemicals Park in the Humber Local Enterprise Partnership Yorkshire, UK.