The global push to promote environmentally sustainable technologies presents one of the most potentially enticing opportunities for investors in a generation. Most major governments have either already set or are in the process of setting target dates for the phasing out of fossil fuel dependant vehicles and electricity production. Two industries that will in all likelihood benefit greatly from this are the electric vehicle (EV) industry and the wind turbine industry. However, given the direct nature of this benefit, share prices of companies in these industries, such as Tesla, usually have this future demand priced in. While there […]
Europe’s first rare earth metal processing plant has been proposed. And it’s in Hull.
With the majority of the world’s rare earth metals coming from China, it was inevitable that other countries would eventually develop their own supply lines. Pensana Rare Earths have taken the first step towards this in Europe, proposing a $125m plant in Hull. They say they chose Hull for its port and world class infrastructure, referring to Saltend chemical park, which has easy access to many required materials and services such as chemicals and chemical waste disposal. The proposed plant will create 100 […]