tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Aclara Resources hosts VAC representatives at Carina Project facility

Aclara Resources (ARAAF) hosted representatives from eVAC Magnetics and Vacuumschmelze, at its Carina Project pilot plant facility this week, strengthening the ongoing collaboration between both companies to design and implement a fully integrated, ESG-focused rare earths supply chain for permanent magnets. The visit provided VAC’s technical and commercial teams with a first-hand look at the advances achieved at Aclara’s pilot operations for the Carina Project in Goias, Brazil, which produced ~150kg of high purity mixed rare earth carbonates through the Company’s proprietary Circular Mineral Harvesting process. Aclara’s high-purity MREC is planned to be further refined into individual rare earth oxides at its recently-announced separation facility in Louisiana, United States. In addition, Aclara envisions developing metals and alloys processing capabilities at the same site to convert these oxides into the specialized alloys required for magnet production. The visit provided a valuable platform for in-depth technical discussions on product specifications, process scalability, and integration pathways with VAC’s magnet manufacturing operations in the United States and worldwide, including the eVAC magnet production facility which opened this year in South Carolina, United States. Scott Pelhank, Vice President VAC Sales / Officer eVAC Magnetics, commented: “We were thrilled to visit the Carina Project this week and discuss our shared goal of establishing a revolutionary mine-to-magnet supply chain in the Western Hemisphere. eVAC’s Phase II upstream process extension to metallization, scheduled for early 2027 in South Carolina, aligns perfectly with Aclara’s downstream expansion of its oxide separation facility in Louisiana. We greatly value our strategic partnership with Aclara, and we are excited to see their continued progress in developing a sustainable, reliable, and scalable rare earth supply chain, driven by their mining operations in Brazil and by our respective investments in the United States.”

Meet Your ETF AI Analyst

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1