Aclara Resources Inc. is pleased to announce that it has awarded the Carina Module Pre-Feasibility Study contract to Hatch Ltd. , a global multidisciplinary management, engineering, and development consultancy. Hatch has over six decades of business and technical experience in the mining, energy, and infrastructure sectors with a presence in over 17 countries and is ranked as a top 20 International Design Firm according [...]
Aclara Resources Inc. is pleased to announce that the Company has joined the United Nations Global Compact, the world's largest corporate sustainability initiative, encompassing a 10-principle-framework guiding responsible businesses around areas of human rights, labor, environment and anti-corruption, and links these actions to the objectives of the UN's Sustainable Development Goals. United Nations Global Compact is the [...]
Aclara Resources Inc. is pleased to announce the closing of the acquisition by CAP S.A. of its 20% equity ownership interest in REE Uno SpA , the Company's Chilean subsidiary that owns the Penco Module project, and receipt by the Company of the initial payment of approximately US$9.7 million in connection with such acquisition. The acquisition is made pursuant to the terms of the previously announced investment agreement [...]
Aclara Resources Inc. is pleased to announce the appointment of José Augusto Palma as Executive Vice President of the Company effective June 1, 2024. José Augusto will be a key member of the Company's leadership team and will be closely involved in all activities of strategic significance to the Company, including leading the development of relationships with public and private stakeholders and business partners [...]
Aclara Resources Inc. is pleased to announce that it has incorporated a U.S. based subsidiary, Aclara Technologies Inc. , to develop its rare earths separation capabilities in the United States. This development will allow Aclara to better position itself to carry out all of the stages leading up to the production of metal and alloys for high performance permanent magnets, following the recent announcement that the [...]
Aclara Resources Inc. is pleased to announce that it has entered into an investment agreement with CAP S.A. , a publicly listed company on the Chilean Stock Exchange, pursuant to which, amongst other things, CAP will make a US$29 million strategic investment in REE Uno SpA , Aclara´s Chilean subsidiary, which owns the Penco Module . Under the terms of the Investment Agreement, CAP also has an option to invest an [...]
Aclara Resources Inc. is pleased to announce its substantial contribution towards the preservation of native forests in the Biobio region and other areas in Chile. The Company is introducing a plan for the reforestation of native areas, encouraging the engagement of social and regional organizations, offering training in the maintenance and care of indigenous species. The program aims to distribute approximately 8,000 [...]
Aclara Resources Inc. is pleased to announce that the second patent for its groundbreaking process to extract heavy rare earths in an environmentally friendly way has been received. The patent has been granted in Chile and is valid for 20 years. It centers around the innovative Circular Mineral Harvesting process created by Aclara, a groundbreaking technique for processing ionic clays housing rare earths. CMH establishes [...]
Aclara Resources Inc. is pleased to announce that the second tranche of the earn-in agreement has been fulfilled, thus securing 100% ownership of the 8,490 hectares of mining rights comprising the Carina Module. On November 6, 2023, the Company had previously executed the first tranche of the earn-in agreement securing an initial 51% ownership interest. Ramon Barua, CEO, commented: "We are pleased to report that we have [...]
Aclara Resources Inc. is pleased to announce that the Company hosted a delegation of representatives from the State of Goiás, Brazil, in Concepción, Chile, on February 15th. The purpose of the visit was to demonstrate the environmentally sustainable features of its patented technology, which has been implemented at the Company's pilot plant in Chile, and which will be used at the Carina Module project, located in Goiás [...]
Aclara Resources Inc. is pleased to announce the appointment of Joao Miranda and Jorge Born to Aclara's board of directors , following a unanimous approval by the members of the Board. Eduardo Hochschild, Chairman of Aclara, commented: "We are very excited to welcome Joao and Jorge to the Aclara Board, two distinguished professionals with extensive experience in Brazil, who share our commitment to producing world-changing [...]
After-tax NPV8 of US$1.2 billion and IRR of 29% Aclara Resources Inc. is pleased to announce the results of a preliminary economic analysis on its regolith-hosted ion adsorption clay project located in the State of Goiás, Brazil, known as the Carina Module . The technical report titled "Preliminary Economic Assessment - Carina Rare Earth Element Project - Nova Roma, Goiás, Brazil" and dated January 12, 2024 and was [...]
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