Aclara Resources advances EIA evaluation process for Penco Module

Aclara Resources (ARAAF) has submitted a comprehensive report as part of the Penco Module Environmental Impact Assessment to the Environmental Service Assessment Authority. The Addendum addresses all the technical observations raised by the SEA and various other government agencies that review the EIA 1, as well as comments received from local stakeholders, in respect of EIA 1. The SEA is expected to take approximately 30 days to confirm the next steps of the evaluation process. Aclara remains committed to working closely with the SEA throughout the environmental evaluation process. Jose Augusto Palma, Aclara’s Executive Vice President, commented: “We have worked diligently with our partner CAP S.A.to address all the questions and comments received as part of the Technical ICSARA and the Citizen ICSARA, ensuring that the Penco Module project meets the highest environmental and social standards. We remain committed to working with the authorities and local stakeholders to complete the environmental evaluation process and implement the Penco Module as soon as possible.” The Technical ICSARA, received from the SEA on September 12, 2024, included 394 technical observations on EIA 1. Additionally, the Citizen ICSARA, received on December 12, 2024, comprised 1,331 observations gathered by the SEA during the citizen participation process.