“Freeport status will greatly help Pensana establish the world’s first sustainable rare earth processing hub at Saltend, bringing back high value manufacturing jobs to the UK.”
Senior executives from Pensana plc (LON:PRE) are supporting Humber Business Week to present why the world class Saltend rare earths facility will be transformational in bringing back high value manufacturing jobs and creating a sustainable UK supply chain for electric vehicles and offshore wind.
Pensana’s Chairman, Paul Atherley, is this morning joining Associated British Ports, KMPG, Able UK and Marketing Humber to discuss Pensana’s role in the Humber freeport which is set to boost the local economy by £3.5bn in investment and generate 7,000 high quality new jobs.
On Wednesday Pensana’s CEO, Tim George, will join local officials from the HEY Local Enterprise Partnership to present the £100m inward investment Pensana’s Saltend project represents.
Pensana’s Chairman said: “We are delighted to take part in Humber Business Week for the first time.
We look forward to engaging with local stakeholders and discussing how Pensana has rapidly moved its important investment at Saltend through site selection, project approvals and early works in just six months.”
More information is available here: Humber Business Week