Aclara Resources Inc.

Aclara Resources: Environmentally Sustainable Rare Earth Element Extraction with a Transformative Proprietary Process


Aclara Resources (TSX:ARA) reinvents mining as a climate-friendly industry, sustainably supplying minerals the world critically requires to achieve a low-carbon future. Aclara is testing its innovative, patent-pending Circular Mineral Harvesting Process through its Penco Module ionic clay asset in Chile. The Circular Mineral Harvesting process is a unique, sustainable extraction method developed in collaboration with the University of Toronto and the University of Concepción in Chile.

Aclara Resources aims to be at the forefront of reshaping the mining industry as a sustainable, vital partner in achieving the world’s net-zero emissions goals. The Climate-Smart Mining Initiative sets out guidelines to improve sustainability and minimize the environmental impact of mining operations.

Circular Mining Harvesting

Company Highlights

  • Aclara Resources is an HREE-focused exploration and development company moving towards development at its ionic adsorption clay deposit in Chile.
  • The company’s unique, patent-pending Circular Mineral Harvesting Process improves its future ESG rating by eliminating tailings dams, prioritizing revegetation and recirculating up to 95 percent of the water used and 99 percent of the main reagent.
  • Aclara was awarded the 2022 Sustainability of the Year award for its innovative Circular Mineral Harvesting Process.
  • The Penco Module, the company’s flagship asset, contains an encouraging IAC deposit and will serve as a pilot project for the new harvesting process.
  • Aclara voluntarily withdrew its Environmental Impact Assessment application following feedback from authorities, allowing the company to improve and refine its environmental practices before reapplying.
  • Aclara owns a large concessions land package of 451,985 hectares to allow organic growth (Penco Module situated in only 600 hectares). Exploration plan to incorporate additional modules already under way.
  • An experienced management team leads the project towards becoming a pivotal turning point in environmentally sustainable REE mining.
  • With $78 million in cash, Aclara’s main shareholder is leading precious metal producer Hochschild Mining, with a 57 percent stake in the company.

This Aclara Resources profile is part of a paid investor education campaign.*

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Aclara Resources (TSX:ARA)

Aclara Resources


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Aclara Secures Funding from Corfo's Innovation High-Tech Program for Artificial Intelligence Project

Aclara Secures Funding from Corfo's Innovation High-Tech Program for Artificial Intelligence Project

Aclara Resources Inc. ("Aclara" or the "Company") (TSX:ARA) is pleased to announce that its Chilean subsidiary, REE Uno, has been awarded a research, development and innovation grant of US$ 730,000 from the Innovation Management Division of the Chilean Economic Development Agency ("CORFO") to implement and further develop a new exploration technology using artificial intelligence ("AI") models. Combined with Aclara's own investment, the initiative will have total funding of approximately US$ 1.0 million

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The SelectUSA program fosters business investment that supports economic development and job creation in the United States. To date, SelectUSA has facilitated over $250 billion in investments, creating or retaining more than 230,000 jobs across the country.

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Toronto Stock Exchange, Aclara Resources Inc., The View from the C-Suite

Toronto Stock Exchange, Aclara Resources Inc., The View from the C-Suite

Ramon Barua, Chief Executive Officer, Aclara Resources Inc. ("Aclara Resources" or the "Company") (TSX: ARA), shares their Company's story in an interview with TMX Group.

The View From The C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest View From The C-Suite visit https://www.tsx.com/en/c-suite

About Aclara Resources Inc. (TSX: ARA)

Aclara Resources Inc. (TSX: ARA) is a development-stage company that focuses on heavy rare earth mineral resources hosted in Ion-Adsorption Clay deposits. The Company's rare earth mineral resource development projects include the Penco Module in the Bio-Bio Region of Chile and the Carina Module in the State of Goiás, Brazil.

Aclara's rare earth extraction process offers several environmentally attractive features. Circular mineral harvesting does not involve blasting, crushing, or milling, and therefore does not generate tailings and eliminates the need for a tailing's storage facility. The extraction process developed by Aclara minimizes water consumption through high levels of water recirculation made possible by the inclusion of a water treatment facility within its patented process design. The ionic clay feedstock is amenable to leaching with a common fertilizer main reagent, ammonium sulfate. In addition to the development of the Penco Module and the Carina Module, the Company will continue to identify and evaluate opportunities to increase future production of heavy rare earths through greenfield exploration programs and the development of additional projects within the Company's current concessions in Brazil, Chile, and Peru.

Aclara has decided to vertically integrate its rare earths concentrate production towards the manufacturing of rare earths alloys. The Company has established a U.S.-based subsidiary, Aclara Technologies Inc., which will focus on developing technologies for rare earth separation, metals, and alloys. Additionally, the Company is advancing its metals and alloys business through a joint venture with CAP S.A., leveraging CAP's extensive expertise in metal refining and special ferro-alloyed steels.

Product or service names mentioned herein may be the trademarks of their respective owners.

To learn more, visit: https://www.aclara-re.com/

SOURCE Toronto Stock Exchange

MEDIA CONTACT:
Ramon Barua
Chief Executive Officer
investorrelations@aclara-re.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227819

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Aclara Announces Update on its Rare Earths Separation Project

Aclara Announces Update on its Rare Earths Separation Project

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Update Regarding the Penco Module Permitting Process

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Aclara Resources Inc. ("Aclara" or "Company") (TSX:ARA) informs that the evaluation process of the Penco Module's Environmental Impact Assessment ("EIA") continues and has now formally received from the Environmental Service Assessment ("SEA") the consolidated report with the observations and questions ("ICSARA") received from the different agencies involved in the evaluation process

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Aclara Resources

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