ARAAF - Aclara Resources welcomes key delegation as company secures 100% ownership of Carina Module

(NewsDirect)

Aclara Resources Chief Executive OfficerRamon Barua joined Steve Darling from Proactive to share exciting newsabout the company's recent developments in Chile and Brazil.

Aclara recently hosted a delegation fromthe State of Goiás, Brazil, at its pilot plant in Concepción, Chile.The purpose of the visit was to showcase the environmentallysustainable features of Aclara's patented technology, which isbeing implemented at the pilot plant.

This pilot plant will play a crucial role in the Carina Moduleproject located in Goiás, Brazil. Aclara had previously presented theCarina Module project to the Governor and senior officials of thestate of Goiás in October.

Thepiloting of the Carina Module's ionic clays commenced in December2023 and is expected to be completed by the end of February 2024.During this piloting phase, Aclara aims to produce between 10-15kilograms of heavy rare earth mixed carbonates.

These products will be instrumental inadvancing commercial discussions with potential separators,stakeholders in the rare earths value chain, and original equipmentmanufacturers.

Barua also sharedwith Proctive the company has announced the second tranche of theearn-in agreement has been fulfilled, thus securing 100% ownership ofthe 8,490 hectares of mining rights comprising the Carina Module. OnNovember 6, 2023, the Company had previously executed the firsttranche of the earn-in agreement securing an initial 51% ownershipinterest.

Contact Details

ProactiveCanada

+1 604-688-8158

na-editorial@proactiveinvestors.com

Copyright (c) 2024 TheNewswire - All rights reserved.