Building a robust magnet supply chain for the UK

The Advanced Propulsion Centre (APC) accelerates the industrialisation
of technologies that will help to realise net-zero emission vehicles. It is at the heart of the UK government’s commitment to end the country’s contribution to global warming by 2050.

Since its foundation in 2013, APC has funded over 113 low-carbon projects, involving more than 290 partners. The technologies developed in these projects are projected to save over 225 million tonnes of CO2, the equivalent of removing the lifetime emissions from around 8.8 million cars.

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.

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