Aclara Resources Chief Executive Officer Ramon Barua joined Steve Darling from Proactive to share exciting news about the company's recent developments in Chile and Brazil. Aclara recently hosted a delegation from the State of Goiás, Brazil, at its pilot plant in Concepción, Chile. The purpose of the visit was to showcase the environmentally sustainable features of Aclara's patented technology, which is being implemented at the pilot plant. This pilot plant will play a crucial role in the Carina Module project located in Goiás, Brazil.
Aclara had previously presented the Carina Module project to the Governor and senior officials of the state of Goiás in October. The piloting of the Carina Module's ionic clays commenced in December 2023 and is expected to be completed by the end of February 2024. During this piloting phase, Aclara aims to produce between 10-15 kilograms of heavy rare earth mixed carbonates. These products will be instrumental in advancing commercial discussions with potential separators, stakeholders in the rare earths value chain, and original equipment manufacturers.
Barua also shared with Proctive the company has announced 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.