Pensana gets on the ground to build the world’s first Freeport processing hub

Pensana’s Non-Executive Director Dr. Jeremy Beeton was on site over the past few days with representatives of the pxGroup, Wood and consultants as part of kickstarting early works at the Company’s Saltend processing hub in Humber Freeport, UK.

Dr. Beeton has extensive international experience over complex multi-site project operations for national and regional government, public and private companies. He was Director General of the London 2012 Olympic and Paralympic Games. He is also an Independent Non-executive Director of John Laing and has been a Member of Court of Strathclyde University since 2012.

Dr. Beeton is committed to Pensana’s vision to bring high value manufacturing jobs back to the UK and is an important part of the senior project advisory team.

His trip to Saltend comes as Pensana announced this morning that early works have commenced at Saltend.

The Saltend plant would be the first major rare earth separation facility to be constructed in over a decade and the first to be located in a Freeport. The Company has also provided an update on works underway at its state of the art Longonjo project in Angola.

Pensana is aiming to establish Saltend as an attractive alternative to mining houses who may otherwise be limited to selling their products to China, having designed the facility to be easily adapted to cater for a range of rare earth feedstocks.

Many miners around the world are looking to access the European and US supply chains. However, it is becoming increasingly clear that the planned EU and UK carbon border taxation will mean that it is no longer acceptable for manufacturers to source material extracted or processed unsustainably. Saltend is positioned to solve this dilemma.

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