With an estimated 3.6-year timeline for recovering investments post-commissioning, Aclara’s Brazil rare earth project demonstrates promise despite the extended permitting process in the region.
The recovery of rare earths in Brazil aligns harmoniously with the patented technology currently in action on a pilot scale in Chile. The company emphasizes a low-cost, low-carbon footprint methodology.
“Our project design centers around eco-friendly principles, negating the use of explosives and milling, optimizing water recirculation, and utilizing common fertilizers as the primary reagent,” stated Aclara’s chief executive, Ramon Barua, underscoring the company’s commitment to sustainability.
Aclara is actively securing additional resources through an ongoing reverse circulation drilling campaign, set to conclude in the second quarter of the year.
