UK-based prospective rare earth producer Pensana has partnered with Volvo’s electric vehicles spin-off Polestar on its project to create the first truly climate-neutral car by 2030.
The scope of the Polestar 0 project is to identify and eliminate all greenhouse gas emissions from the extraction of raw materials to when the car is delivered to the customer and onwards to the end of vehicle life.
To achieve this goal Polestar has teamed up with like-minded partners across the entire value chain, from raw material suppliers to retailers. Pensana joins the list of partners which include which include Swedish copper and zinc Boliden, fossil-free steelmaker SSAB, biobased chemicals producer Sekab and fasteners manufacturer Bulten, Norway’s zero-carbon aluminium producer Hydro, German electric powertrains manufacturer ZF, and others. Each partner will focus on certain processes bringing together world-class research and innovative thinking to the Polestar 0 project’s zero carbon goal.
“A project of this ambition requires partners at the cutting-edge of their industries and which are fully engaged in our bold vision,” said Hans Pehrson, leader of the Polestar 0 project.
“That’s why I’m looking forward to Pensana becoming a crucial part of our team as we find solutions for developing an entirely climate-neutral supply chain. Pensana’s expertise in Rare Earth supply, including mining, will be invaluable in our mission and will play an integral role in pioneering new and innovative technologies to achieve what has so far been impossible.”
Pensana recently broke ground on a rare earth refinery at the Saltend Chemical Park in the Humber Freeport UK, which will be powered by offshore wind energy generation. The plant will process rare earth concentrates from Pensana’s hydro-electric powered Longonjo mine in Angola. The upstream-integrated project’s aim is to establish and independent and sustainable supply chain for ultra-low carbon magnet metal rare earths.
“We are absolutely delighted to collaborate with Polestar and its partners on the Polestar 0 project which is aiming to unlock the full potential of electric vehicles by creating the world’s first climate-neutral car,” said Pensana’s chairman Paul Atherley.
“This is a truly innovative project which needs an independent and sustainable supply of rare earths. We are incredibly excited to be working with Polestar and its partners and are very much looking forward to Pensana playing its part in redefining the future of electric vehicle manufacture.”