Pensana Rare Earths Plc announced that it has submitted a planning application for the proposed rare earth oxide separation facility at the Saltend Chemicals Park, Humber, Yorkshire. The USD 125 million facility will generate around 100 direct jobs once constructed and in operation. It is being designed by Wood Group to become one of the world's largest producers of rare earth oxides, crucial components in the manufacture of powerful permanent magnets which are used in a range of growing advanced industries including electric vehicles and offshore wind turbines. The application, which is expected to take up to three months to review, supports Pensana's commitment to establish the world's first fully sustainable mine to magnet metal supply chain in the UK. 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 is strategically located on the Humber estuary, a gateway to Europe and the UK's busiest ports complex. The 370-acre site has had £500 million of investment over recent years and is managed by the px Group, a leading provider of services in complex industrial sectors.