Aclara Resources has released an updated Preliminary Economic Assessment (PEA) for its Penco rare earths project in Chile, which nearly doubles the project's NPV to $344 million. The update includes a larger mineral resource of 35.8 million tonnes of measured and indicated material and a 19% increase in contained rare earths.
Aclara Resources announced an updated Preliminary Economic Assessment for its Penco Module project in Chile, reporting a significantly improved after-tax NPV of US$344 million and an IRR of 26.1%. The enhanced economics are primarily driven by an increase in processed mineral resources to 30.8 Mt and higher rare earth price forecasts. The project also secured its first-stage environmental approval and boasts high-quality Super Pure Rare Earth Carbonate production.
Aclara Resources Inc. and CAP S.A. have inaugurated a demonstration plant in Chile to develop proprietary technology for producing rare earth metals and alloys. The facility uses a molten salt electrolysis process to convert neodymium and praseodymium oxides into metals, with a target production capacity of 175 kg per day.
Aclara Resources and CAP S.A. have inaugurated a demonstration plant in Chile to develop technology for producing rare earth metals and alloys. The facility uses a proprietary molten salt electrolysis process to convert neodymium and praseodymium oxides into metals, aiming to validate the technology for future industrial-scale operations in the United States.
Aclara Resources has successfully developed 'Super Pure Rare Earth Carbonate' (SPREC) at its pilot plant in Chile. The new product offers ~99% rare earth content, significantly higher than conventional MREC, and is intended to improve downstream separation and logistics for the Carina and Penco projects.
