Aankondiging • Apr 14

Aclara Resources Inc Announces Results from Technical Reports on Its Integrated Heavy Rare Earths Supply Chain

Aclara Resources Inc. announced the results of a series of technical studies supporting its integrated heavy rare earths supply chain, spanning from mining operations to the production of permanent magnet alloys. The studies include a feasibility study for the Company’s flagship asset, the Carina Project prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects, a scoping study for the Company’s separation project, and a Front-end Loaded 2 Technical Report for its metals and alloys project. Aclara is advancing two ionic clay deposits in Brazil and Chile capable of producing a mixed rare earth carbonate with very high concentrations of heavy rare earth elements, particularly those restricted under China’s export controls. Aclara is also establishing a U.S.-based processing hub that will separate mixed rare earth carbonate into individual rare earth oxides and further transform these oxides into metals and alloys tailored to the needs of permanent magnet manufacturers. Aclara’s value proposition is anchored in its vertically integrated, mine-to-alloys business model, designed to maximize commercial viability while reducing execution risk, optimizing costs, and accelerating development timelines. The Company is establishing a fully traceable heavy rare earth supply chain that meets the highest environmental and social standards at every stage, while maintaining full control over mining and processing to ensure consistency, quality, and reliability. Its projects are purpose-built to enhance geopolitical independence and strengthen supply chain resilience. Backed by leading industrial shareholders such as Hochschild Mining PLC and CAP S.A., and supported by strategic institutions such as the U.S. International Development Finance Corporation, which has committed initial funding and retains a pathway for further investment, Aclara has deployed over USD 250 million to date and is well-positioned to fund its integrated growth mine-to-alloys strategy. The Carina Project is an advanced-stage ionic clay-hosted heavy rare earth deposit located in Goiás, Brazil. The Carina Project is designed to produce a high-purity mixed rare earth carbonate through a low-impact, technology driven and value-added extraction process. The operation contemplates conventional open-pit mining but, due to the friable nature of the clays, does not require blasting, crushing, or milling, thus significantly reducing energy consumption and carbon emissions. Rare earth elements are recovered using Aclara’s proprietary Circular Mineral Harvesting process, an ion-exchange technology that uses a recyclable ammonium-based solution to selectively extract rare earths. The process is designed to minimize environmental impact, with high rates of water and reagent recycling and no requirement for a tailings storage facility. The resulting high-purity mixed rare earth carbonate is intended to be further processed at Aclara’s U.S.-based separation and downstream facilities, forming part of the Company’s vertically integrated mine-to-alloys supply chain. After-tax Net Present Value of approximately USD 1,661 million (8.0% discount rate). Internal Rate of Return of 26.9%, with a payback period of 2.9 years. Initial capital cost of USD 678.2 million, plus USD 102.7 million contingency, remaining within expectations for the current level of engineering, with a high degree of estimate accuracy, including appropriate owner’s costs and contingency. Average annual net revenue of USD 599 million and EBITDA of approximately USD 461 million. Average annual commercial discount of USD 314 million (34% of gross revenue) applied to reflect mixed rare earth carbonate separation, with fees assumed payable to Aclara’s Louisiana separation project for permanent magnet rare earths, as well as to third parties for the separation of by-products. High average Net Smelter Return of USD 61.8 per tonne processed, compared to low average operating cost of USD 13.1 per tonne processed, consistent with prior estimates. Price assumptions based on Argus Media European indices (excluding China), in real terms and supported by observable ex-China transactions. Average annual production of 4,378 tonnes of rare earth oxides in mixed rare earth carbonate, with high concentrations of Dysprosium and Terbium (4.2%) and Neodymium and Praseodymium (26.8%). Average annual production includes: 156 tonnes of Dysprosium and 27 tonnes of Terbium, represents approximately 11.8% of China’s 2024 estimated output. 1,191 tonnes of Neodymium and Praseodymium. Additional key heavy rare earth elements including: 173 tonnes of Samarium; 177 tonnes of Gadolinium; 10 tonnes of Lutetium; and 1,160 tonnes Yttrium. Feasibility Study led by Hatch Consultoria em Projectos Ltda. All production estimates are based on mineral reserves. Extensive pilot plant operations conducted in Goiânia throughout 2025. Key equipment and inputs supported by multiple western vendor quotations, enhancing supply chain resilience and geopolitical diversification. High purity of >95.0% (97.7% based on design mass balance), supported by semi-industrial scale production. Circular Mineral Harvesting process minimizes environmental impact: No explosives, crushing, or milling. Approximately 93% water recirculation. Main reagent recycled at an approximate efficiency rate of 99.0%. No tailings storage facility required. Low carbon footprint driven by low energy consumption and full renewable energy share in Goiás’ power grid. Mixed rare earth carbonate product designed for downstream processing at Project Dynamo (located in Louisiana, U.S.), where mixed rare earth carbonate will be separated into individual oxides and converted into metals and alloys to meet magnet manufacturer specifications. Modular construction strategy enables parallel fabrication and site preparation, an improved schedule, quality control, and reduced exposure to labor and weather constraints. Early works are expected to commence mid-2026 (including construction of camps and roads; ancillary infrastructure), ahead of full construction targeted for 2027. Startup targeted for the second half of 2028, with ramp-up anticipated through 2029.

Aankondiging • Oct 13

Aclara Announces the Discovery of A New Heavy Rare Earths Deposit Hosted in Ion-Adsorption Clays in Brazil

Aclara Resources Inc. provided an update on its exploration activities in Brazil by announcing its new Heavy Rare Earth Element ("HREE") ionic clays project, "Carina Module" (the "Project") located in the State of Goias, Brazil. The results of its initial auger drilling campaign[1], which was comprised of 1,693 meters of drilling within 236 drill holes, demonstrate the discovery of a new HREE deposit hosted in ionic clays. While the initial auger drilling campaign was shallow, with an average depth of 7.2 meters, it has unveiled a potential for expansion, both laterally and at depth, accompanied by the prospect of enhancing HREE grades. Highlights: Size Potential: The mineralized area of the Carina Module spans approximately 1,400 hectares, with potential for lateral expansion. In contrast, the mineralized area of the Company's Penco Module in Chile covers approximately 140 hectares. Prospective Grades: The drilling results shows the potential for high Total Rare Earth Oxides ("TREO") with average grades at 1,229 ppm. From an average drilling depth of 7.2 meters, 71.2% of the drillholes include 5.7 meters with TREO average grades at 1,367 ppm and Desorbable Rare Earth Oxides ("DREO") at 449 ppm. A selection of high-grade drill hole results are shown in Table 1 below, with the full set of results at the end of the document. Rich in HREE and LREE: The desorbable results demonstrate an outstanding distribution of HREE and Light Rare Earth Elements ("LREE"). In particular, 71.2% of drillholes reveal desorbable dysprosium ("Dy2O3 D") and terbium ("Tb4O7 D") grades at 18.1 ppm (˜4.1% of the rare earths basket distribution) and 3.1 ppm (˜0.7% within the rare earths basket distribution), respectively. In addition, desorbable neodymium oxide ("Nd2O3 D") and praseodymium oxide ("Pr2O3 D") grades show a summed value of 123 ppm (˜27.5% of the rare earths basket distribution). Metallurgical Compatibility: The metallurgy of the Penco Module, which utilizes an ammonium sulfate leaching solution, is well-suited for the Carina Module's ionic clays. 71.2% of drillholes show an average exchangeable fraction[4] for TREO of 36.6%, with the highest value recorded at 78%; total dysprosium oxide ("Dy2O3 T") exhibits an average exchangeable fraction of 46%, with the highest value at 78%, and Terbium oxide ("Tb4O7 D") exhibits an average exchangeable fraction of 52%, with a peak at 91%. Depth Potential: The average drill depth of the auger drilling campaign was 7.2 meters, which did not allows to consistently reach the bottom limits of the lower Pedolith and Saprolite. However, over 70% of drillholes indicate a high anomalous exchangeable fraction in the last interval, suggesting that the deposit remains open at depth. Initial Auger Drilling Campaign Summary: A total of 1,731 meters of drilling within 238 auger drill holes was carried out from February to August 2023 as part of a scouting drilling campaign covering approximately 1,400 hectares within the area defined as the Carina Module. The primary objectives of the drilling initiative were to: contribute to the definition of a maiden resource estimate of a size necessary to support a new production module; provide guidance for future reverse circulation drilling campaigns, needed to fully assess the asset's potential both laterally and at depth; and establish the metallurgical compatibility of the ionic clays found in the Carina Module with the metallurgical process developed for the Penco Module. The drilling campaign used manually operated augers ideally suited for a scouting campaign requiring shallow drill depths and easy and quick access to drill sites and varying terrains. Next Steps: The results from the initial auger campaign have provided the Company with a basis to further pursue the Project, which is expected to include the following activities: the issuance of a maiden mineral resource estimate during fourth quarter of 2023; the issuance of a NI 43-101 Preliminary Economic Assessment during the first quarter of 2024; the execution of a 1,500-meters reverse circulation drill campaign to confirm the mineralized potential at depth. The campaign is expected to start at the end of October 2023 and is the initial phase of a reverse circulation campaign of 7,590 meters within 253 drillholes to convert the full potential of the deposit to an inferred mineral resource category; and the execution of a pilot test campaign during First Quarter 2024 in fully owned pilot plant in Chile, utilizing a 25-ton sample of clay extracted from the Project area. This campaign will aim to demonstrate on a semi-industrial scale the feasibility of processing the ionic clays extracted from the Carina Module. Additionally, it will serve the purpose of producing commercial samples and further enhancing the value chain development efforts that were initiated with the Penco Module samples. Geological Overview: The dominant lithologies of the Project are pink porphyritic monzogranite composed of quartz, oligoclase, microcline, and annite as essential minerals. Leucosienogranite is the secondary lithology, characterized by quartz, albite, and microcline. Using the historical and present auger drilling results, a thick regolith development has been interpreted ranging from 45 to 60 meters in thickness. This hypothesis will be tested with the execution of the upcoming reverse circulation drill campaign. All the lithologies recognized in the Project have shown evidence of thick regolith profiles, secondary minerals such as the ionic clays, and the release of interesting REE fractions such Nd, Pr, Dy, and Tb. As part of the initial auger drilling campaign, the bottom limits of the lower Pedolith and Saprolite were not reached; however, the last intervals of the drill holes show exchangeable REE fractions open to depth. Sampling and Assay Protocols: The 238 auger drill holes were sampled at intervals of 0.5 meters to 2 meters, for a total of 1,344 samples, which were sent for total REE analysis (REY T) to the ALS laboratory in Lima, Peru, and desorption (REY D) analysis to AGS laboratory in La Serena, Chile. The same sampling and analytical protocols were followed as indicated in the Company's Amended and Restated NI 43-101 Technical Report, Preliminary Economic Assessment for Penco Module Project, prepared by Ausenco Engineering Chile Limitada with an effective date of September 15, 2021. The QA/QC program indicates high levels of accuracy for Dy, Tb, Nd, Pr and Lu. Overall, the database for total grades similarly shows high accuracy. The Company contracted the services of GeoAnsata to review the data quality and QA/QC protocols.

Rente dekkingsratio	n/a
Contant	US$7.84m
Aandelen	US$170.65m
Totaal verplichtingen	US$11.02m
Totaal activa	US$181.67m

Gegevens	Laatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse	2026/06/19 23:52
Aandelenkoers aan het einde van de dag	2026/06/19 00:00
Inkomsten	2026/03/31
Jaarlijkse inkomsten	2025/12/31

Pakket	Gegevens	Tijdframe	Voorbeeld Amerikaanse bron ^*
Financiële gegevens bedrijf	10 jaar	Resultatenrekening Kasstroomoverzicht Balans	SEC-formulier 10-K SEC-formulier 10-Q
Consensus schattingen analisten	+3 jaar	Financiële prognoses Koersdoelen analisten	Onderzoeksrapporten van analisten Blue Matrix
Marktprijzen	30 jaar	Aandelenprijzen Dividenden, splitsingen en acties	ICE Marktgegevens SEC-formulier S-1
Eigendom	10 jaar	Top aandeelhouders Handel met voorkennis	SEC-formulier 4 SEC-formulier 13D
Beheer	10 jaar	Leiderschapsteam Raad van bestuur	SEC-formulier 10-K SEC-formulier DEF 14A
Belangrijkste ontwikkelingen	10 jaar	Bedrijfsaankondigingen	SEC-formulier 8-K

Analist	Instelling
Andrew Wong	RBC Capital Markets
null null	RBC Capital Markets

Aclara Resources Balans Gezondheid

Financiële gezondheid criteriumcontroles 6/6

Belangrijke informatie

Recente financiële gezondheidsupdates

Is Aclara Resources (TSE:ARA) In A Good Position To Deliver On Growth Plans?

Is Aclara Resources (TSE:ARA) In A Good Position To Deliver On Growth Plans?

Can Aclara Resources (TSE:ARA) Afford To Invest In Growth?

We're Keeping An Eye On Aclara Resources' (TSE:ARA) Cash Burn Rate

Is Aclara Resources (TSE:ARA) In A Good Position To Deliver On Growth Plans?

Is Aclara Resources (TSE:ARA) In A Good Position To Invest In Growth?

Recent updates

Aclara Resources Receives Approval Of Environmental Impact Assessment For Penco Module In Chile

Aclara Resources Inc. announced that it has received CAD 68.530001 million in funding from CAP S.A., Hochschild Mining Holdings Ltd., New Hartsdale Capital Inc.

New major risk - Financial position

Aclara Resources Inc Announces Results from Technical Reports on Its Integrated Heavy Rare Earths Supply Chain

Non-Independent Director recently bought CA$679k worth of stock

New minor risk - Share price stability

Aclara Resources Inc. announced that it expects to receive CAD 68.530001 million in funding from CAP S.A., Hochschild Mining Holdings Ltd., New Hartsdale Capital Inc.

Aclara Resources Inc., Annual General Meeting, May 07, 2026

Aclara Resources Inc. Appoints Enrique Donoso Moscoso as General Manager of Aclara Chile, Effective February 2, 2026

Chief Financial Officer recently sold CA$284k worth of stock

Is Aclara Resources (TSE:ARA) In A Good Position To Deliver On Growth Plans?

New major risk - Financial position

New minor risk - Financial position

Aclara Enters the Final Stages of the Permitting Process for the Penco Module

Is Aclara Resources (TSE:ARA) In A Good Position To Deliver On Growth Plans?

New major risk - Financial position

Aclara Resources Inc. Announces Chief Operating Officer Changes

New minor risk - Share price stability

Aclara Resources Inc. Submits EIA and Provides Update for its Carina Project in Brazil

Price target increased by 11% to CA$0.78

High number of new directors

Aclara Resources Inc Announces Resignation of Joao Miranda as Director

Aclara Resources Inc. announced that it has received CAD 35.912501 million in funding from Hochschild Mining Holdings Ltd., CAP S.A., New Hartsdale Capital Inc.

Aclara Resources Inc. Appoints Juan Enrique Rassmuss to Board of Directors

Aclara Resources Inc., Annual General Meeting, May 07, 2025

New major risk - Shareholder dilution

New major risk - Revenue and earnings growth

New minor risk - Share price stability

Aclara Resources Inc. Announces Update on Its Rare Earths Separation Project

Can Aclara Resources (TSE:ARA) Afford To Invest In Growth?

Aclara Resources Inc. Submits Improved EIA for the Penco Module

Chief Operating Officer recently sold CA$52k worth of stock

Aclara Resources Inc. Approves Election of Eduardo Landin as Director

New minor risk - Shareholder dilution

Aclara Resources Inc. Announces Appointment of José Augusto Palma as Executive Vice President, Effective June 1, 2024

We're Keeping An Eye On Aclara Resources' (TSE:ARA) Cash Burn Rate

New minor risk - Financial position

Price target decreased by 8.5% to CA$0.66

Aclara Resources Inc., Annual General Meeting, May 06, 2024

Aclara Announces Appointment of New Directors

Aclara Resources Inc. Announces That Carina Module Ionic Clays Arrive At Pilot Plant in Chile for Heavy Rare Earths Carbonate Production

Is Aclara Resources (TSE:ARA) In A Good Position To Deliver On Growth Plans?

Aclara Resources Inc. Announces Maiden Mineral Resource Estimate for its Regolith-Hosted Ion Adsorption Clay Project Located in State of Goias, Brazil

Aclara Resources Inc. Announces Approval Grades At the Carina Module

Aclara Announces the Discovery of A New Heavy Rare Earths Deposit Hosted in Ion-Adsorption Clays in Brazil

Aclara Provides Update on Permitting and Development Strategy for the Penco Module Project in Chile

Aclara Resources Inc. Successfully Completes Semi-Industrial Scale Piloting for the Penco Module

New minor risk - Share price stability

Is Aclara Resources (TSE:ARA) In A Good Position To Invest In Growth?

Aclara Provides New EIA Update for The Penco Module

Aclara Announces Change in Board of Directors

Aclara Resources Inc. Produces First Sample of High Purity Heavy Rare Earths Concentrate from Its Pilot Plant in Chile

Chief Operating Officer recently bought CA$76k worth of stock

Aclara Resources Inc. Appoints Nicolas Hochschild as Non-Executive Director

Will Aclara Resources (TSE:ARA) Spend Its Cash Wisely?

Aclara Resources Inc. Announces the Appointment of Maria Olivia Recart to Aclara's Board of Directors

Independent Lead Director recently bought CA$55k worth of stock

Independent Lead Director recently bought CA$55k worth of stock

Independent Lead Director recently bought CA$55k worth of stock

CEO & Director recently bought CA$420k worth of stock

We Think Aclara Resources (TSE:ARA) Needs To Drive Business Growth Carefully

Aclara Provides an Update on Its Greenfield Exploration Plan

Aclara Resources Inc. Announces Updates on Mineral Resource Estimate for Its Rare Earth Element Project, Penco Module

High number of new and inexperienced directors

Aclara Resources Inc Confirms Successful Completion of Its Process Flowsheet at Lab Scale

Aclara Resources Inc. Announce the Passing of Karen Poniachik as Member of Board of Director

Aclara Resources Inc.(TSX:ARA) dropped from S&P Global BMI Index

Aclara Resources (TSE:ARA) Is In A Good Position To Deliver On Growth Plans

Aclara Resources Inc. Appoints Three New Members to Its Team