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19 Apr
14:35

UK’s new offshore wind targets to exacerbate demand for rare earths

The UK government plans to have enough wind capacity to power every home in Britain by 2030, but rare earth processor Pensana warns supply issues may get in the way of such ambition. Earlier this month, UK Prime Minister Boris Johnson announced a £100 billion ($129.8 billion) energy strategy, set to increase offshore wind capacity to 50 gigawatts by 2030. This target has boosted global demand for neodymium-praseodymium (NdPr) oxide to 100,000 tonn…
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