Reports: Pensana scraps plan for UK clean tech minerals refinery in favour of US

Michael Holder
clock • 3 min read
Business Secretary Kwasi Kwarteng at the breaking ground ceremony for the Pensana site in 2022 | Credit: Pensana
Image:

Business Secretary Kwasi Kwarteng at the breaking ground ceremony for the Pensana site in 2022 | Credit: Pensana

London-listed firm had planned to develop £250m rare earth refinery in Saltend near Hull, but is now reportedly switching its focus to the US after an offer of support from the White House

The UK's hopes of becoming a major player in the rapidly growing global market for clean tech minerals has been dealt a major blow this week, following reports Pensana has opted to shelve plans for a £250m...

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