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Liberum picks Pensana as top stock for COP26
Liberum picks Pensana as top stock for COP26.
About this update from Pensana Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6349O\n Pensana PLC\n 11 October 2021\n \n \n \n \n \n \n \n 11 October 2021\n \n \n RNS REACH\n \n \n \n \n \n Pensana Plc\n \n \n (\"Pensana\" or \"the Company\")\n \n \n Liberum picks Pensana as top stock for COP26 \n \n \n London investment bank Liberum has selected Pensana as one of its top three companies in the UK to meet the 'gold standard' Science-Based Targets initiative and have recommended it as a stock which has 'significant upside'.\n \n \n \n \n \n 'COP26 is approaching, and with it, a focus on different countries' ambitions to decarbonise their economies' Liberum writes in the note titled Strategy, Accounting, and Sustainability: Our COP26 top stock picks.\n \n \n \n \n \n Pensana is also one of five stocks and the only small cap selected by Liberum as meeting the criteria for overall climate leaders in Europe.\n \n \n \n \n \n 'The Pensana site will be the world's first processing hub for rare earth metals and the first one located in a Freeport' Liberum writes of the Company's Saltend project in Humber.\n \n \n \n \n \n 'As a long-term investment, we see significant upside for the stock going forward.'\n \n \n The research note can be accessed in full here: \n \n https://pensana.co.uk/category/industry-reports/\n \n \n \n \n \n \n \n For further information:\n \n \n \n \n \n \n \n \n \n \n \n \n \n Pensana Plc\n \n \n \n \n \n \n \n \n \n Website:\n \n \n Paul Atherley, Chairman / Tim George, CEO\n \n \n \n \n \n \n www.pensana\n \n \n .co.uk\n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n \n \n About Pensana\n \n \n The electrification of motive power is the most important part of the energy transition and one of the biggest energy transitions in history. Magnet metals are central to the transition and critical to high value manufacturing applications such as electric vehicles and offshore wind turbines.\n \n \n Pensana plans to establish Saltend as an independent, sustainable supplier of the key magnet metal oxides to a market which is currently dominated by China. The US$125 million Saltend facility is being designed to produce circa 12,500 tonnes per annum of rare earth oxides, of which 4,500 tonnes will be neodymium and praseod...