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IN BRIEF: Pensana completes study for rare earth processing hub

ALN

Pensana PLC - London-based rare earth metal miner - Completes front end engineering design and and value engineering study for its independent and sustainable rare earth processing hub at the Saltend Chemicals Park located in Hull, England. Says study outlines its plans to establish the plant and demonstrates sustainable operations with strong economics.

‘Completion of this study is another important step for Pensana in its plans to establish an independent and sustainable rare earth processing hub in the UK. The strong fundamentals and robust economics provide a solid platform for the financing and development of the project,’ Chair Paul Atherley comments.

Current stock price: 81.23 pence

12-month change: down 29%

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