{"id":2074115,"date":"2021-04-21T12:28:41","date_gmt":"2021-04-21T11:28:41","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/yorkshire\/?p=2074115"},"modified":"2021-04-21T12:38:33","modified_gmt":"2021-04-21T11:38:33","slug":"major-manufacturing-development-approved-by-planners","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2074115-major-manufacturing-development-approved-by-planners","title":{"rendered":"\u00a390m green manufacturing site given go-ahead"},"content":{"rendered":"<p>Plans to build the UK\u2019s first rare earth processing facility have been approved, paving the way for development to begin.<\/p>\n<p>The world-class processing facility is expected to create about 100 jobs when it is fully operational.<\/p>\n<p>Exploration and development company Pensana Rare Earths is developing the oxide separation facility at Hull\u2019s Saltend Chemicals Park to create the world\u2019s first fully-sustainable magnet metal supply chain.<\/p>\n<p>Work at the site is scheduled to begin almost immediately with construction and commissioning expected to take 18 months from completion of financing for the \u00a390m development.<\/p>\n<p>Saltend Chemicals Park is a 370-acre cluster of chemical and renewable energy businesses including BP Petrochemicals, Ineos, Nippon Gohsei and Air Products. px Group owns Saltend and has seen a string of major investment announcements in recent months, including the Zero Carbon Humber\/H2H Saltend bid.<\/p>\n<p>Geoff Holmes, chief executive of px Group, said: \u201cRare earths play a crucial role in the production of powerful magnets that help power the wind turbines and the electric vehicles that will help decarbonise our economy.<\/p>\n<p>\u201cIt is yet another company investing at Saltend, and proves the Park has the Energy Transition at its heart following the Zero Carbon Humber bid win and Vivergo announcing it is re-starting production.\u201d<\/p>\n<p>Pensana\u2019s plant at Saltend would become the world\u2019s first major separation facility established in over a decade and one of only three major producers outside China.<\/p>\n<p>The 9.2-hectare development was approved under special delegated powers by planning officers at East Riding of Yorkshire Council.<\/p>\n<p>:::<\/p>\n<p><em><img decoding=\"async\" class=\"alignleft size-medium wp-image-2070140\" src=\"https:\/\/www.thebusinessdesk.com\/_files\/images\/circle-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.thebusinessdesk.com\/_files\/images\/circle.jpg 300w, https:\/\/www.thebusinessdesk.com\/_files\/images\/circle-200x133.jpg 200w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\u00a0In the Circle is a free one day sustainability taking place on 19 May bringing together business leaders, policy makers and academics to set out how a sustainable approach can improve your business. <a href=\"https:\/\/www.inthecircle.co.uk\/events\/yorkshire\/yorkshire-agenda\/\" target=\"_blank\" rel=\"noopener\">Find out more here<\/a>.<\/em><\/p>\n<p><em><a href=\"https:\/\/hopin.com\/events\/in-the-circle-yorkshire?code=zLGPK5Z666igXTyrsEveHoM5h\" target=\"_blank\" rel=\"noopener\">Register for your free ticket here<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Development is expected to become a world leader in green economy supply chain<\/p>\n","protected":false},"author":18,"featured_media":2074117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"coauthors":[81],"class_list":["post-2074115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-top-story"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u00a390m green manufacturing site given go-ahead | TheBusinessDesk.com<\/title>\n<meta name=\"description\" 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