Aclara Resources has taken a significant step towards strengthening its position in the global rare earths industry by incorporating Aclara Technologies, a U.S.-based subsidiary. This move is aimed at developing the company's rare earths separation capabilities in the United States, marking a strategic expansion that could redefine the supply chain for rare earth metals and alloys outside of Asia.
The initiative is part of a joint venture with CAP, focusing on the development of metal and alloys capabilities. By doing so, Aclara is positioning itself to become the first vertically integrated heavy rare earths company outside of Asia. This vertical integration is critical for creating a geopolitically independent supply chain for permanent magnets, which are essential for the performance of electric vehicles, wind turbines, robotics, and other applications pivotal to decarbonization efforts.
Ramon Barua, CEO of Aclara Resources, highlighted the company's unique access to clean heavy rare earths, such as Dysprosium and Terbium, sourced from stable and investment-friendly countries in the Americas. This access is a cornerstone of Aclara's strategy to ensure a reliable and sustainable supply of these critical materials.
Aclara Technologies will process high-purity mixed rare earths carbonates from Aclara's extraction modules in Chile and Brazil, converting them into individual rare earths oxides at its separation facility. To facilitate this process, Aclara Technologies has partnered with the Saskatchewan Research Council to develop a specialized production flowsheet for its premium carbonate. This collaboration underscores the technical and innovative approach Aclara is taking to meet the growing demand for rare earth metals and alloys.
This expansion into the U.S. market is not just a milestone for Aclara Resources but also a significant development for the global rare earths industry. It represents a move towards reducing reliance on Asian supply chains, thereby enhancing the security and sustainability of critical materials needed for green technologies. For business and technology leaders, this development signals a shift in the rare earths market dynamics, offering new opportunities for investment and collaboration in the sector.
