Pensana: Diversification of critical minerals supply chain key to sustainability of energy transition

The UK needs to establish independent, sustainable and resilient supply chains to diversify its sourcing of critical minerals and reduce dependence on China for such minerals, said UK Critical Minerals Intelligence Centre chairperson Paul Atherley, who is also chairperson of magnet metal and rare earths miner Pensana.

He was called to give evidence to a House of Commons Select Committee on Critical Minerals, relating to the recently enacted National Security and Investment Act, on December 6.

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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