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.

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.

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