Pensana signs up to UN sustainability initiative as it gears up for Saltend supply chain in magnet metals

Rare earth specialist Pensana has joined a UN initiative to support sustainable development goals as it delivers a supply chain linking Africa to the Humber.

The FTSE-listed company has become a signatory to the United Nations Global Compact, a voluntary pursuit to encourage business leaders to implement universal sustainable principles and to take steps to support stated ambitions.

Pensana joins more than 13,000 other businesses committing to uphold the 10 principles which are split across human rights, labour, environment and anti-corruption.

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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