Aclara Collaborates with U.S. Department of Commerce on Location Study

Aclara Resources Inc. has announced a collaboration with the U.S. Department of Commerce's International Trade Administration via the SelectUSA program. This partnership involves conducting a study to identify an optimal site for Aclara's planned rare earth separation facility in the United States. The Location Study aims to maximize operational efficiency and minimize costs and execution timelines. Key factors being considered include financial incentives, regulatory environment, infrastructure, and workforce availability.

François Motte, Aclara's CFO, expressed satisfaction with the support from the U.S. Government, highlighting the project's potential contribution to securing a resilient and independent supply chain for rare earths. These materials are essential for electromobility and high-tech sectors in the U.S. economy.

The SelectUSA program has a track record of fostering over $250 billion in investments, promoting economic development across the country. For more information on the separation facility, refer to Aclara's earlier press release.