I was recently introduced to Aclara Resources (TSX:ARA), which is focused on heavy rare earths, more specifically Ionic Clay. The Company has a defined resource in Chile with a pilot plant operational testing the Company’s unique processing technique.
Francois Motte, CFO of Aclara Resources joins me to provide an overview of the the Ionic Clay sector. We discuss the dominance of China in terms of global production and the uses of Ionic Clay in EVs.
We then focus on the Company’s unique processing technique that is being tested in the pilot plant, which became operational earlier this month. The Pilot Plant is on the Company’s flagship Penco Module Project in Chile. I have Francois share the main objectives of the pilot plant all feeding into the upcoming Feasibility Study. We also discuss the exploration potential on the Project and the opportunities the Company sees in Brazil.
If you have any follow up questions for Francois on anything we discussed please email me at Fleck@kereport.com.
Click here to visit the Aclara Resources website and read over the Company’s Corporate Presentation. Be sure to check out slide 9 which outlines the Company’s unique processing technique.