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Pensana starts sitework at the world’s first sustainable REE separation plant in the UK

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May 20, 2021 Precious Metals News Comments Off on Pensana starts sitework at the world’s first sustainable REE separation plant in the UK



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(Wallace Refiners) – Pensana (LSE:PRE) announced today that site works commenced at the proposed world class rare earth separation facility located at Saltend Chemicals Park in the UK.

The company said that as soon as restrictions eased, team members from Pensana, pxGroup and Wood Plc moved quickly to get on the ground at the Saltend Chemicals Park and start site work to establish the world’s first sustainable rare earth separation facility.

According to the company’s statement, the $125 million facility will create over 100 direct jobs and will supply over 5% of the world’s critical magnet metal oxides for industries including electric vehicles and offshore wind turbines.

Chairman Paul Atherley said, “The works on-site at Saltend mark the early stage of delivering Pensana’s nationally significant rare earth separation facility, creating an independent, sustainable supply chain for magnet-critical industries like electric vehicles and offshore wind.”

The company added that it is aiming to produce c. 12,500 tonnes of rare earth oxides annually, including c. 4,500 tonnes of magnet metal rare earth oxides, representing approximately 5% of 2025 projected world demand. Pensana plans to source mixed rare earth sulphate from its state-of-the-art Longonjo mine in Angola.




Disclaimer: The views expressed in this article are those of the author and may not reflect those of Wallace Precious Metals The author has made every effort to ensure accuracy of information provided; however, neither Wallace Precious Metals nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Wallace Precious Metals and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.



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