Aclara Resources Reveals Strong PFS Outcomes for Carina Project

Toronto-based Aclara Resources Inc. has announced the outcomes of the pre-feasibility study (PFS) for its Carina Project in Goiás, Brazil. The company reported an after-tax net present value (NPV) of US$1.1 billion, based on mineral reserves. The project promises a significant internal rate of return (IRR) of 22% over an 18-year lifespan, with capital costs pegged at US$680.5 million. The anticipated revenue stems from high-purity rare earth elements, primarily dysprosium, terbium, neodymium, and praseodymium.

The study highlights Carina's innovative process and environmental sustainability, with an emphasis on minimal impact through efficient water and reagent recycling. Production is projected to enhance the global rare earth market by 2028, with a strategic U.S. processing hub poised for integration. Carina's design aims to meet growing demand for rare earth materials, especially with geopolitical shifts influencing the market landscape.

Key stakeholders, including Hochschild and CAP, bolster Aclara's financial standing, while the U.S. Development Finance Corporation's support illustrates a robust backing for the project. Plans are underway to expedite production timelines in response to market and financing conditions.