Business
Aclara Announces Significant Progress in Its Metals and Alloys Project
TORONTO, ON / ACCESS Newswire / March 11, 2026 / Aclara Resources Inc. (TSX:ARA), through its ...
About this update from Aclara Resources, Inc.
[{"type":"text","content":"Aclara Announces Significant Progress in Its Metals and Alloys ProjectTORONTO, ON / ACCESS Newswire / March 11, 2026 / Aclara Resources Inc. (TSX:ARA), through its 50/50 joint venture Aclara Metals SpA (the \"Company\") with CAP S.A. (\"CAP\"), is pleased to announce the completion of the technological development and metallurgical processes for its rare earth metals and alloys project (the \"Project\"), designed to supply high-purity rare earth metals and alloys to permanent magnet manufacturers.Consistent with Aclara's vertical integration strategy, the Project is expected to be supplied with oxides separated from Aclara's heavy rare earth separation facility in the State of Louisiana, in the United States. In alignment with environmental best practices and strict technical specifications provided by leading permanent magnet producers, the Company has finalized the design of the production processes intended to support the proposed industrial development.Technical DevelopmentAn internal prefeasibility study (\"PFS\") is targeted for completion by the end of March 2026 and is expected to include, among other items:Detailed production process designModular development strategy for the industrial facility, aligned with Aclara's projected separated oxide productionClass 4 CAPEX and OPEX estimates for each development stage; andAn economic analysis considering various scenarios and sensitivitiesUpon completion of this study, the Company expects to finalize an internal Feasibility Study (\"FS\") by the end of 2026.Demonstration Plant to Produce Rare Earth Metals and AlloysIn parallel with the completion of the PFS, the Company expects to begin the implementation of a demonstration plant. This facility is intended to produce rare earth metals and alloys using molten salt electrolysis technology.This demonstration plant will be able to produce 175 kgs per day of an NdPr alloy with >99.5% purity, which constitutes a full industrial scale design - equivalent to the units planned for Aclara Metals' future commercial facility - thereby mitigating scale-up risk.The detailed design of the industrial-scale electrolysis cell has been developed entirely in-house and constitutes proprietary technology of the Company. With no established industrial standards for this metallurgical process outside of China, Aclara Metals' internally developed ...