https://newsletter.mw.creamermedia.com
Construction|Mining|PROJECT|Projects|Resources|Operations
Construction|Mining|PROJECT|Projects|Resources|Operations
construction|mining|project|projects|resources|operations

Aclara Resources plans $1.3bn rare earths investment

25th September 2025

By: Reuters

  

Font size: - +

Miner Aclara Resources expects to spend around $1.3-billion in South America rare earth mines and US processing plants, executive vice president Jose Augusto Palma said on Tuesday.

The Toronto-listed company's latest investment plan includes $150-million to $170-million for a mine in Chile, $600-million for a mine in Brazil, $300-million to $400-million for a separation plant, and $400 for a metallization facility, Palma said.

Speaking on the sidelines of a mining industry conference, Palma said both the Brazilian and Chilean projects aim to complete the feasibility phase by mid-2026, putting them on track for construction the same year and ahead of a 2028 target to start operations.

Earlier this month, Aclara said the US International Development Finance Corporation committed up to $5-million to fund a feasibility study for the Brazil project.

Rare earths are used to make magnets for a range of uses, including weapons and consumer electronics.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

North Ridge Pumps
North Ridge Pumps

North Ridge Pumps is an independent manufacturer of pumps. We have a proven track record for product support and customer service throughout the...

VISIT SHOWROOM 
Craig Miller Technical Services (CMTS)
Craig Miller Technical Services (CMTS)

CMTS is a leading, well-established EC&I contractor with 37+ years of mining and industrial experience. We execute full-scope EC&I projects with...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (20/03/2026)
6th March 2026 By: Martin Creamer
Platinum demand, hydrogen economy make headlines
Platinum demand, hydrogen economy make headlines
6th March 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.07 0.153s - 105pq - 2rq
Subscribe Now