Pensana plans UK rare earth metals facility

Pensana has adopted a business plan to seek to establish, subject to funding, a world-class, independent and sustainable supply chain of the rare earth metals vital for electric vehicle, wind turbine and other strategic industries.

This involves establishing the world’s first sustainable rare earth separation facility at the “plug and play” Saltend Chemicals Park (SCP) in Humber, UK.

This facility would have a target production of circa 12,500 annualised tonnes of rare earth oxides, including 4,500 tonnes of magnet metal rare earth oxides (NdPr), which would represent approximately 5% of 2025 projected world demand.

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:
Facebook
Twitter
LinkedIn
Pensana plc

More articles like this

Pensana plc

Unlocking Angola’s untapped mineral wealth

Angola, the seventh-largest country in Africa, is most well-known for being one of the region’s biggest oil exporters. The commodity provides around half of the country’s fiscal revenues, yet it is not oil that is piquing renewed

Pensana plc

Pensana reports enriched rare earths findings in Angola

UK-based rare earths developer Pensana has reported trench and pit sampling results that confirm a 6 ha, enriched laterite at Sulima West, in Angola, grading at 2% to 3% total rare earth oxides (TREO). These analytical

Pensana plc

Pensana advances preparatory works for Longonjo project in Angola

Preparatory works are forging ahead smoothly at rare earths mining company Pensana’s Longonjo project in Angola, with main construction expected to start in May and cold commissioning to follow in August 2025. Longonjo is one of the world’s largest undeveloped rare earth