Aclara Resources Reports Progress on Rare Earth Metals Project

Toronto's Aclara Resources Inc. has announced significant advancements in its rare earth metals and alloys project, developed with CAP S.A. The project aims to provide high-purity rare earth metals and alloys to permanent magnet manufacturers. The project will be supplied with oxides from Aclara's separation facility in Louisiana, adhering to environmental and technical standards.

An internal prefeasibility study is scheduled for completion by March 2026, covering production design, modular strategy, cost estimates, and economic analysis. A feasibility study is planned by year-end. Concurrently, a demonstration plant utilizing molten salt electrolysis technology is set to launch operations, targeting NdPr alloy production.

The demonstration plant, beginning operation in late 2026, will undergo several campaigns to ensure product quality and gather operational data, vital for future industrial process optimization. These campaigns will also facilitate operator training and enhance technical processes.