Francois Motte, CFO of Aclara Resources (TSX.V:ARA) joins me to outline the Company’s strategy to vertically integrate by developing rare earth separation capabilities in the United States. This news was announced on April 3rd.
I have provided updates on Aclara Resources (TSX:ARA) as the Company has defined heavy rare earth deposits (ionic clay) in Chile and Brazil. The Company also recently received an investment by CAP S.A. (a large Chilean iron-ore producer and manufacturing company). Now Aclara is starting this initiative to create its own separation capabilities which is the next step in vertical integration.
I ask Francois how this vertical integration will cut out a middle company and improve the value proposition for investors. I also ask about any competitors outside of China and what steps will come next for the Company.
Click here to visit the Aclara Resource website and read over all the recent news.