Aclara Resources Inc. is pleased to announce the appointment Dr. Kurt Forrester as lead advisor for the technical development of its heavy rare earths separation project. Dr. Forrester is an international renowned chemical engineer with more than 20 years of experience in solvent extraction and other separation technologies across commodities including rare earth elements, base metals and industrial minerals. Aclara CEO [...]
Aclara Resources Inc. chief operating officer Barry Murphy joined Proactive's Stephen Gunnion with news that the company has contracted global multidisciplinary consultancy firm Hatch to complete the prefeasibility study for the Carina Module rare earths project in Brazil. Murphy cited Hatch's extensive experience and good fit with Aclara's team as the primary reasons for the choice. The pre-feasibility study, a crucial [...]
The Annual General Meeting of Shareholders of Aclara Resources Inc. was held today in Toronto, Ontario. Each of the matters voted upon at the Meeting is discussed in detail in the Company's management information circular dated April 5, 2024 , which can be found under the Company's profile on SEDAR+ at www.sedarplus.ca. The total number of votes cast by shareholders of the Company in person and by proxy at the Meeting was [...]
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 [...]