Aclara Resources, Inc. (TSE:ARA) has released an update.
Aclara Resources Inc. has announced the creation of a U.S. subsidiary, Aclara Technologies, to advance its capabilities in rare earths separation, positioning itself as the first vertically integrated heavy rare earths company outside Asia. The move is part of Aclara’s strategy to establish a geopolitically independent supply chain for critical materials used in technologies like electric vehicle motors and wind turbines. The company’s advantage lies in its access to clean heavy rare earths, notably Dysprosium and Terbium, from the Americas, promising a stable supply of ESG-compliant materials for high performance magnets.
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