Inward-investing rare earth specialist Pensana has identified planned EU carbon border taxation as a key differentiator for its magnet metals, while underlining geo-political factors at play.
The London Stock Exchange listed company highlighted the legislation - which it says has potential to be adopted by the UK - as it posted its interim results after “six months of considerable progress.”
Pensana is in the process of funding a huge complex chemical engineering plant to separate materials it will mine in Longonjo, Angola.
