Pensana receives green certification from CICERO
London-listed Pensana has received certification from CICERO Shades of Green, an independent, internationally recognised provider of assessments on green bond frameworks.
CICERO is Norway’s institute for interdisciplinary climate research. It is independent of the financial and corporate sectors.
CICERO has rated Pensana as operating in line with its principles, based on the company’s plans to create a sustainable magnet metal supply chain through a rare earth processing facility at the Saltend Chemicals Park, in the Humber Freeport, in the UK, and a mining operation in Angola.
CICERO has also rated Pensana’s operations as ‘light green’ with a governance score of ‘good’.
The rating refers to transition activities and projects that reduce emissions or provide other environmental benefits.
“From the outset, the Pensana team has set out to develop an independent and sustainable magnet metal supply chain and it is extremely gratifying to receive a positive rating from an internationally recognised assessment agency of CICERO’s standing.
“The CICERO certification supports our ambition to establish in the UK world-class production of the critical magnet metals vital to the electric vehicle and offshore wind industries,” says Pensana chairperson Paul Atherley.
He outlines that the company’s aim is to produce ultralow-carbon magnet metal powered by private wire link to offshore wind at Saltend, supplied with high-value feedstock from its Longonjo mine, in Angola, powered by hydroelectricity.
“The CICERO assessment will be important for the proposed green bond issuance as it will broaden the range of institutional investors interested in the offering,” Atherley notes.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation















