UK rare earths mining company Pensana chairperson Paul Atherley says the company is pleased to be helping the UK lead the way in establishing a sustainable and independent magnet metal supply chain, at a time when sustainability and supply chain resilience are high on the global agenda.
The company is developing its Longonjo rare earth mine, in Angola, which will supply mixed rare earth sulphate that will be treated at the company’s Saltend processing facility, in the UK, which is under construction at a cost of about $195-million.
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.