LSE-listed magnet metal supply chain developer Pensana has joined the United Nations (UN) Global Compact – a voluntary initiative to encourage CEOs to implement universal sustainable principles and to take steps to support the UN’s Sustainable Development Goals.
As such, Pensana joins over 13 000 other businesses committing to uphold the compact’s ten principles, which cover human rights, labour, environment and anti-corruption.
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.