Aclara Resources' 2024 Achievements and Strategic Outlook

In 2024, Aclara Resources Inc. made significant strides in its evolution from a mining company to a "mine-to-magnet" solution provider. With advances in AI technologies, Aclara aims for sustainable and scalable growth in the rare earths sector. The company raised over US$54 million, partnering with CAP for a 20% stake in its Chilean subsidiary, REE Uno, and planning expansions in Brazil.

Aclara's vertical integration efforts focus on rare earths mining, separation, and alloys production, notably through joint ventures and strategic partnerships. The emphasis on low-cost and sustainable practices is pivotal, especially with its strategic alliance with Vacuumschmelze.

In Brazil, exploratory successes at the Carina Project bolstered the company's position, showcasing economic potential and community engagement. Meanwhile, Chilean operations advanced with revised permitting strategies. AI is leveraged to optimize operations, backed by a Chilean government grant.

Aclara's recognition through global awards underscores its commitment to sustainability and innovation. As 2025 unfolds, the company prioritizes permitting progress, feasibility studies, and process optimization, with a goal of achieving production by 2028.