Heavy rare earths elements separation facility, US
Name of the Project
Heavy rare earths elements (HREE) separation facility.
Location
Louisiana, in the US.
Project Owner/s
Explorer and developer of rare-earth mineral resources Aclara Resources.
Project Description
Aclara Resources is building the US’s first heavy rare earths separation facility, which will source feed from Brazil and Chile from mid-2028 to produce high-purity dysprosium, terbium and other restricted HREEs and light rare-earth elements for advanced technologies such as electric vehicles, wind turbines, drones and robotics.
Potential Job Creation
The state of Louisiana, through Louisiana Economic Development, is supporting Aclara’s investment with a suite of tax incentive programmes and grants designed to encourage high-impact industrial development and job creation.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
$277-million.
Planned Start/End Date
The project is expected to be completed in 2027, subject to the timely completion of funding and offtake agreements. The state of Louisiana is supporting the project with an estimated $46.4-million in tax incentives and grants.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Hatch (project engineering).
Contact Details for Project Information
Aclara Resources, email investorrelations@aclara-re.com.
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