Business
Aclara Wins Sustainable Innovation Award
TORONTO, ON / ACCESSWIRE / May 16, 2023 / Aclara Resources Inc. ("Aclara" or the "Company") (TSX...
About this update from Aclara Resources, Inc.
[{"type":"text","content":"Aclara Wins Sustainable Innovation AwardTORONTO, ON / ACCESSWIRE / May 16, 2023 / Aclara Resources Inc. (\"Aclara\" or the \"Company\") (TSX:ARA) is pleased to announce that the \"SEAL Awards\", which stands for Sustainability, Environmental Achievement & Leadership, has presented Aclara with the Sustainable Innovation Award at their 2023 Business Sustainability Awards. This award recognizes innovations that represent game-changing ideas that bring the world to a more sustainable future.Ramon Barua, Aclara's CEO, commented: \"We are glad to be recognized with a second sustainability award in less than 12 months, as it reflects the efforts that Aclara has been carrying out in order to become the most sustainable source of Heavy Rare Earths for clean technologies. We have recently filed our Environmental Impact Assessment (EIA) for the Penco Module, which reflects our commitment with the Penco community to develop a project with world class environmental attributes. We have a clean and simple process around our unique ionic clays deposit that allows us to extract its valuable Rare Earths sustainably. We will not use any explosives, crushing or milling. Our water consumption will be very low, as we recirculate up to 95% back into the process, and the remaining 5% will solely come from a recycled water source. Our main reagent is fertilizer, which will be recirculated with an efficiency close to 99%. And most importantly, we will not generate any liquid or solid waste, thus not requiring a tailings dam. Furthermore, our product is 100% free of radioactivity. Finally, we commit to revegetate all extraction areas with native species, seeking to preserve and rehabilitate natural forests. We believe that being able to produce clean Rare Earths is our main competitive advantage. At Aclara, we are moved by creating environmental wealth in everything we do.\" \"Corporate ESG leadership - like our 2023 honorees have demonstrated - is absolutely needed to address our climate crisis.\" commented Matt Harney, Chairperson and Founder of SEAL Awards. The organization honors leadership through business sustainability awards, while funding research and pursuing their own environmental impact campaigns. The 2023 SEAL Sustainability Award honorees ranged from well-recognized brands (like Cisco, Disney, GE, Honeywell, Mastercard, Procter & Ga...