Tag: Wind turbine

BusinessManufacturing

UK Rare Earths Refinery Scrapped as Project Shifts Focus to US Market

A major rare earths refinery project in Saltend, UK has been scrapped as developer Pensana shifts focus to the United States. The decision reportedly stems from inadequate government support compared to substantial incentives available for similar projects in the US market.

UK Rare Earths Refinery Project Abandoned

A planned rare earths refinery at Saltend in the United Kingdom has been officially scrapped, with the developer instead focusing on American operations, according to reports. The project, which would have established Britain’s first major rare earth processing facility, has been abandoned despite previous government backing under the Critical Minerals Strategy.

by Bennett Laura
International Business and TradeManufacturing

UK Rare Earths Refinery Scrapped as Project Shifts to US Market

A major rare earths refinery project in the UK has been abandoned as the company shifts focus to American partnerships. The Saltend facility would have reduced British dependence on Chinese-dominated supply chains for critical minerals.

UK Loses Strategic Rare Earths Project to US

A planned rare earths refinery that would have given the United Kingdom a strategic foothold in the critical minerals sector has been scrapped in favor of US development, according to reports. The Saltend project, which would have produced magnets for electric vehicles, wind turbines, and robotics, has been abandoned by mining company Pensana after what sources indicate was insufficient government support.

by Daniel R.Collins