- Aclara Resources (TSX:ARA) has made a positive construction decision for the first heavy rare earths separation facility in the United States with secured feed from two ionic clay deposits in friendly jurisdictions (Brazil and Chile)
- Aclara is building a vertically integrated supply chain for rare earth alloys used in permanent magnets
- Aclara Resources stock has added 556.52 per cent year-over-year
Aclara Resources (TSX:ARA) has made a positive construction decision for the first heavy rare earths separation facility in the United States with secured feed from two ionic clay deposits in friendly jurisdictions (Brazil and Chile).
The Louisiana-based facility will be finalized in 2027, contingent on funding and offtake agreements. Feed discussions are underway alongside the company’s South American partners, with definitive agreements expected in time for planned extraction by mid-2028.
Aclara’s facility will be designed to produce dysprosium (Dy), terbium (Tb) and other rare earth elements currently under market leader China’s export restrictions, bolstering a variety of US industries reliant on rare earth magnets to produce everything from electric vehicles to wind turbines, drones and robotics. At full capacity, the company expects the Louisiana facility to provide more than 75 per cent of US requirements for DyTb destined for electric vehicles.
Looking ahead, Aclara intends to build a vertically integrated rare earth elements supply chain, including alloy production. Its partner, magnet-maker VAC, is currently building a permanent magnet production facility in Sumter, South Carolina.
Management commentary
“We are pleased to announce that we have secured a premium site in Louisiana for our US heavy rare earth separation facility. Our priority was to identify a location that could support rapid development, given the urgent need to establish a reliable supply of these critical minerals,” Ramon Barua, Aclara’s chief executive officer, said in Friday’s news release. “The reception from Governor Landry and his team has been outstanding, and Louisiana’s LED program offers exactly the kind of pro-investment environment this strategic sector requires.”
“In addition, Louisiana provides ready access to the key reagents we require, helping ensure operational reliability and lower transportation costs,” Barua added. “The state’s highly established chemical industry and skilled workforce made the decision even more compelling. Simply put, Louisiana has everything we were looking for. Our project is unique in the Western world: With direct access to our ionic clay deposits, this will be the only fully integrated heavy rare earth separation operation currently capable of producing material volumes of heavy rare earths at scale. We are moving at an accelerated pace to bring supply online as quickly as possible, and we are working to have our projects converge and enter production by mid-2028.”
About Aclara Resources
Aclara is building a vertically integrated supply chain for rare earth alloys used in permanent magnets.
Aclara Resources stock (TSX:ARA) is up by 9.03 per cent on the news trading at C$3.02 as of 9:39 am ET. The stock has added 556.52 per cent year-over-year.
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