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26 May
17:24

Pensana’s UK rare earths hub backed by ‘strong economics’

Pensana says its proposed sustainable rare earth processing hub in the UK has strong fundamentals and robust economics, following the completion of early studies. The UK-listed company reported the completion of a front end engineering design (FEED) study and value engineering study for the project. They indicate a 71% internal rate of return on an initial investment of $494 million and a payback of 1.5 years. The project is forecast to generate an unleverag…
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