Business
Aclara Wins UN Global Compact Award for Its Contribution to Local Employment and Suppliers
TORONTO, ON / ACCESS Newswire / December 17, 2025 / Aclara Resources Inc. ("Aclara" or "Compan...
About this update from Aclara Resources, Inc.
[{"type":"text","content":"Aclara Wins UN Global Compact Award for Its Contribution to Local Employment and SuppliersTORONTO, ON / ACCESS Newswire / December 17, 2025 / Aclara Resources Inc. (\"Aclara\" or \"Company\") (TSX:ARA) is pleased to announce that it has won third place from the United Nations (\"UN\") Global Compact Chile Network for its Local Suppliers Network initiative, which contributes to the Sustainable Development Goals (SDGs) in the Human Rights category. Aclara receives third place for its Local Suppliers Network initiative in the Human Rights category at the UN Global Compact Chile Network's Award ceremony The CONECTA 2025 Awards ceremony was held at the SOFOFA Convention Center and was attended by authorities, as well as representatives from the private sector, civil society, and the United Nations in Chile. In this edition, 150 initiatives submitted by 65 companies were evaluated by an expert jury for their contribution to sustainable development from the territories.Aclara's Local Suppliers Network integrates small and medium enterprises (\"SMEs\") from the Biobío region into the value chain of the emerging rare earth industry, promoting local employment, inclusion, productive development, and sustainable partnerships. Since 2024, the initiative has incorporated more than 300 regional suppliers, of which 55 are from the municipality of Penco, forming an ecosystem composed of 95% SMEs, with women leading more than 40%. Aclara's Penco Module has contributed to strengthening the region's business and labor fabric, driving employment and innovation, consolidating partnerships with specialized organizations, and generating more than 800 indirect jobs to date. Looking ahead, Aclara's Penco Module is estimated to generate approximately 2,200 direct and indirect jobs, prioritizing the hiring of workers and suppliers from Penco and Biobío.Nelson Donoso, General Manager of Aclara Resources Chile, stated that \"this recognition reaffirms our conviction that the mining of the future must be built together with communities and with a deep commitment to territorial development. Our Local Suppliers Network demonstrates that it is possible to create a strategic industry for global decarbonization while driving employment, local competitiveness, and real opportunities for SMEs and entrepreneurs in Biobío. We are proud to advance a rar...