Saltend Chemicals Park rare-earth oxide separation facility, England – update
Name of the Project
Saltend Chemicals Park rare-earth oxide separation facility.
Location
Saltend Chemicals Park, in Humber, Yorkshire, in England, in the UK.
Project Owner/s
Pensana Rare Earths.
Project Description
The Saltend Chemicals Park is a cluster of world-class chemicals and renewable-energy businesses, including bp Chemicals, Ineos, Nippon Gohsei and Air Products. It will be the first major rare earths separation facility to be built in more than a decade and the first to be located in a Freeport.
The project entails the development of a 4 500 t/y rare-earth oxide separation facility, which will produce neodymium and praseodymium.
Potential Job Creation
The project is expected to create 100 direct jobs once it is built and in operation.
Capital Expenditure
$125-million.
Planned Start/End Date
Not stated.
Latest Developments
Following the recent £15-million premium equity raise, early-stage development has started on the processing hub at Saltend.
The final tax and customs regimes for the Humber Freeport are being finalised, but are expected to take the form of an economic enterprise zone providing a combination of benefits, allowing for the rapid development of the project and seamless trade with European and international customers.
The company is progressing the front-end engineering design (FEED) for the Saltend and Longonjo projects towards conclusion in October.
Ongoing continuous process plant runs to confirm equipment selection, sizing and specifications will continue until September, reflecting the importance of the confirmation of the scalability of design.
The project is being prepared for construction by the pxGroup and is scheduled to be handed over in the next few months.
Key Contracts, Suppliers and Consultants
Wood Group (FEED) and pxGroup (construction).
Contact Details for Project Information
Pensana Rare Earths, email contact@pensana.co.uk.
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