London investment bank Liberum has selected Pensana as one of its top three companies in the UK to meet the ‘gold standard’ Science-Based Targets initiative and have recommended it as a stock which has ‘significant upside’.
‘COP26 is approaching, and with it, a focus on different countries’ ambitions to decarbonise their economies’ Liberum writes in the note titled Strategy, Accounting, and Sustainability: Our COP26 top stock picks.
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.