Pensana joins Humber Business Week to boost Saltend exposure

Magnet metal and rare earths miner Pensana is supporting business promotion platform Humber Business Week to boost its Saltend rare earths facility.

Pensana says the facility will be transformational in bringing back high-value manufacturing jobs and creating a sustainable UK supply chain for the electric vehicle and offshore wind sectors.

As such, Pensana chairperson Paul Atherley, on June 7, joined Associated British Ports, KPMG, Able UK and Marketing Humber to discuss Pensana’s role in the Humber freeport, which is set to boost the local economy by £3.5-billion in investment and generate 7 000 “high-quality” new jobs, according to the company.

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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Share on twitter
Share on linkedin
Pensana plc

More articles like this

Pensana plc

Expanding the Supply Chain for Rare Earth Materials

From cars and construction equipment to cell phones and military weapons, rare earth materials are critical to manufacturing many important things businesses and consumers use on a daily basis. While people around the world rely on these minerals in their

Pensana plc

Why China’s stranglehold on rare minerals could cost us the earth

The Sunday Times has reported on how western concerns continue to heighten over whether Beijing could limit exports of rare earths to its rivals’ disadvantage. The article compares the impact of rare earth supply shortages on valuable green economy sectors like electric