Aclara completes basic engineering for its U.S. heavy rare earths separation facility in Louisiana
Aclara Resources Inc. (“Aclara” or the “Company”) (TSX: ARA) is pleased to announce the completion of basic engineering for its planned heavy rare earths separation facility in Louisiana, United States (“Project Dynamo” or the “Project”) designed to process feed from Aclara’s ionic clay projects in Chile and Brazil.
The basic engineering work, completed by Hatch Ltd. (“Hatch”), has further defined the Project’s design, capital requirements, operating costs and execution plan and represents a significant milestone toward construction of Aclara’s U.S. processing platform.
The Project is designed to process super-pure mixed rare earth carbonate (“SPREC”) produced from Aclara’s ionic clay deposits in Chile and Brazil and to produce high-purity separated rare earth oxides, including dysprosium (“Dy”), terbium (“Tb”), yttrium (“Y”), gadolinium (“Gd”), samarium (“Sm”) and neodymiumpraseodymium (“NdPr”).
Governor Landry puts Louisiana Ratepayer and Community Protection Initiative into action
Governor Jeff Landry announced the completion of Louisiana’s Ratepayer and Community Protection Framework, formalizing protections for Louisiana ratepayers and communities while setting clear expectations for companies seeking state support.
In June, Governor Landry established through an Executive Order, making Louisiana one of the first states to proactively set the standard for the rapid growth of digital infrastructure. Four months later, the framework directed by that order is complete, establishing requirements for prospective companies seeking the state’s Data Center Sales and Use Tax Exemption.
“Under President Trump’s leadership, America is entering a new era of digital infrastructure, and Louisiana is leading the way,” Governor Jeff Landry said. “This framework ensures we remain at the forefront of the age of digital factories and super intelligence while protecting our citizens and communities. We have set the standard for how states can pursue these opportunities responsibly and put their people first.”
The framework requires applicants to demonstrate meaningful commitments across eight areas, including protecting existing ratepayers from project-related cost shifts, strengthening grid reliability, investing in Louisiana’s workforce and communities, contributing to local tax bases, protecting natural resources, growing Louisiana’s innovation economy and maintaining transparency and accountability.
