pensana.co.uk - Pensana PLC | Magnet Metal | Rare Earths | NdPr

Description: Pensana PLC mine and source Magnet Metals for Electric Vehicles and Offshore Wind Turbines. Low carbon products.

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EV’s are forecast to drive a 350% increase in magnet metal demand in the next five years and Offshore wind is set to overwhelm demand from EVs with a projected demand forecast of 1500% over the next 20 years.

The EU Taxonomy sets out regulations for investors, companies, issuers and project promoters to navigate the transition to a low-carbon, resilient and resource-efficient economy and came into force July 2020.

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