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Pin to quick picksPensana Plc Share News (PRE)

Share Price Information for Pensana Plc (PRE)

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Share Price: 23.20
Bid: 23.10
Ask: 24.00
Change: 0.00 (0.00%)
Spread: 0.90 (3.896%)
Open: 23.20
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Low: 0.00
Prev. Close: 23.20
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IN BRIEF: Pensana wins UK grant to develop low carbon resupply chain

Wed, 20th Sep 2023 21:11

Pensana PLC - rare earths explorer - Receives GBP316,643 in grant funding by Innovate UK under its CLIMATES programme. Pensana works in partnership with Polestar, Route2 and the universities of Leeds and Hull to develop a low carbon sustainable supply chain for rare earth magnets. The project is backed by the UK government. "Rare earth elements underpin so much of what makes everyday life and work possible, from the cars we drive to the phones we use. It is essential that, in a rapidly changing world, we do all we can to ensure resilient supplies of these and other critical minerals. We are laser-focused on securing robust supply chains, for the growing, green industries that will deliver jobs and prosperity across the UK in the decades to come," says Nusrat Ghani, minister of state at the Department for Business & Trade.

Current stock price: 35.90 pence, closed 0.3% lower on Wednesday in London

12-month change: down 27%

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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