Aclara Resources announces EU delegation visit to rare earth project in Penco

Aclara Resources (ARAAF) announced the visit of a European Union delegation comprised of 11 ambassadors and diplomatic representatives, binational chambers, companies, and R&D centers from various European countries to Aclara’s rare earths project in Penco, Biobio Region in Chile, to gain firsthand knowledge Aclara’s rare earths initiative. The delegation, consisting of more than 50 participants, was led by European Union Ambassador Claudia Gintersdorfer, together with ambassadors from Belgium, Denmark, Spain, France, Greece, Hungary, Italy, the Netherlands, Poland, the Czech Republic, and Sweden; along with commercial counselors, economic services representatives, agencies, R&D centers, and companies from the aforementioned countries, as well as others including Germany, Austria, Croatia, and Ireland. The full-day visit included a tour of the property in Penco, where Aclara’s rare earth deposit is located, enabling the delegation to directly observe the project’s geology and the Company’s Circular Mineral Harvesting technology, characterized by the use of 100% recycled water without drawing from natural sources, zero generation of tailings or liquid industrial waste, and a robust ecological restoration plan. Visitors learned about the production stages for strategic rare earths such as Dysprosium and Terbium, essential elements for manufacturing permanent magnets used in electric mobility, renewable energy, and clean technologies. The delegation also learned about technological advances developed in partnership with the Company’s strategic partners, including Grupo CAP, Virginia Tech, Stanford University, and German company VAC, in key stages such as separation, metallization, and permanent magnet development, positioning Aclara as an integral player in the global rare earths value chain. The visit reflected the group’s strong interest in establishing strategic partnerships with Chile and the Biobio Region for the sustainable production of critical minerals, within the framework of its energy transition and supply security policies. Claudia Gintersdorfer, European Union Ambassador to Chile, noted that “rare earths are strategic and indispensable for the EU’s dual green and digital transition, as well as for its security and industrial autonomy. In light of the critical importance of these elements, we are very interested in learning firsthand about Chile’s most advanced rare earth project; a country with which we have a strategic partnership on critical raw materials and share values such as sustainable economic development, minimization of socio-environmental impacts, and diversification of supply chains. This visit fulfilled the objective of bringing European companies, technology partners, and offtakers closer to this highly innovative project.”