https://www.miningweekly.com

Pensana joins Humber Business Week to boost Saltend exposure

7th June 2021

By: Donna Slater

Features Deputy Editor and Chief Photographer

     

Font size: - +

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.

Also, Pensana CEO Tim George will, on June 9, join Humber officials from the HEY Local Enterprise Partnership to present the £100-million inward investment Pensana’s Saltend project represents.

Pensana, in a statement, says the company looks forward to engaging with local stakeholders and discussing how Pensana has rapidly moved its important investment at Saltend through site selection, project approvals and early works in just six months.

The London-listed company is investing in building a sustainable rare earth separation facility in the Saltend Chemicals Park, in Humber, in the UK. The facility will source its raw materials from Pensana’s Longonjo mine, in Angola.

Pensana expects to produce about 12 500 t/y of rare earth oxide, including 4 500 t/y of magnet metal rare earth oxides.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION