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Pensana submits Saltend rare earth processing facility planning application

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Global Mining Review,

Pensana has lodged its planning application for its proposed rare earth processing facility at the Saltend Chemicals Park, Yorkshire, UK.

The US$125 million project, generating around 100 jobs in operation, is central to the company’s commitment to establish the world’s first fully sustainable mine to magnet metal supply chain in the UK. The application is expected to take up to 3 months to review.

Saltend is a cluster of world-class chemicals and renewable energy businesses including BP Chemicals, Ineos, Nippon Gohsei and Air Products. It is strategically located on the Humber estuary, a gateway to Europe and the UK’s busiest ports complex, and has attracted £500 million of investment over recent years.

Pensana’s Chairman Paul Atherley commented: “We have been delighted with the enthusiastic support from a broad range of stakeholders for this proposed investment, which will create high value manufacturing jobs in the Humber region and will be an important step in establishing the world’s first sustainable mine to magnet metal supply chain in the UK.

“The plug and play services provided by the px Group at the world-class Saltend Chemicals Park have substantially reduced the capital cost of the proposed facility, allowing us to focus on the operational aspects of the investment and providing scope for our longer-term ambitions.

“We look forward to working with local stakeholders on establishing the approvals for this investment in high value manufacturing in the UK.”

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