One way is to invest in the metal that is critical to the transition from fossil fuels to electrification.
From wind turbines to electric vehicles, bikes and trains to trucks, drones and a wide range of industrial applications the electric motor is the driving force behind the US$400 billion transitions from fossil fuels to a future with cleaner electrical energy.
As industry prepares to make this shift, demand for the super-strong permanent magnets essential to these motors and generators is increasing.
Pensana Rare Earths 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.