CEO.CA's Inside the Boardroom: Aclara is Advancing South American Rare Earth Deposits and a U.S. Processing Facility

Core Insights - Aclara Resources Inc. is developing a mine-to-magnet supply chain for heavy rare earths to reduce reliance on China [4] - The company is advancing rare ionic clay deposits in Brazil and Chile, with a focus on the Carina project, which aims for a pre-feasibility study in October and production start in 2028 [4] - Aclara plans to establish a U.S.-based separation facility to supply dysprosium and terbium for electric vehicles and permanent magnets [4] Company Overview - Aclara Resources Inc. is listed on the TSX under the ticker ARA and is focused on rare earth elements [4] - The company is working on producing rare earth metals and alloys that meet specifications for permanent magnet manufacturers, particularly in the electric vehicle sector [4] Industry Context - The development of a supply chain that bypasses China's dominance in the rare earth market is a strategic move for Aclara [4] - The increasing demand for rare earth elements, especially for electric vehicles, highlights the importance of Aclara's initiatives in the context of global supply chain dynamics [4]