BusinessManufacturing

UK Rare Earths Refinery Scrapped as Project Shifts to US Amid China Market Dominance

A major UK rare earths refinery project at Saltend has been abandoned as developer Pensana shifts focus to the United States. The decision highlights growing tensions in global critical minerals supply chains and China’s market dominance in the sector.

UK Rare Earths Refinery Project Abandoned

A planned rare earths refinery in the United Kingdom has been scrapped in favor of developing similar facilities in the United States, according to reports. The Saltend chemical park project, which would have given the UK a strategic position in the rare earths industry currently dominated by China, has been officially dropped by developer Pensana.