Inauguration Of Heavy Rare Earths Pilot Plant

TORONTO - Aclara Resources Inc. announced the inauguration of its semi-industrial heavy rare earths pilot plant facility in Aparecida de Goiania, Goias, Brazil. The ceremony was attended by key government authorities from the State of Goias, the Municipality of Nova Roma, and representatives from federal agencies and international embassies.

The main products from this pilot plant are Dysprosium and Terbium, which, along with other heavy and light rare earths, will be contained in the carbonate produced by the facility. The Company expects to process approximately 200 tons of clays, resulting in an estimated production of 150 kilograms of heavy rare earth carbonates.

During the event, Aclara conducted a comprehensive tour of the new facility, showcasing its proprietary Circular Mineral Harvesting technology-an innovative and sustainable process at the core of the Company's Carina Project. The new pilot plant incorporates several process optimizations designed to enhance efficiency, lower operating costs, and improve the purity of the final product.

Government officials expressed their full support for the Project's streamlined development, recognizing its strategic potential to position Goias as a global center for sustainable production of heavy rare earths, particularly dysprosium and terbium. They also emphasized the Project's ability to deliver long-term economic growth, social development, and environmental value for the local communities and the State of Goias.

Ramón Barúa, Chief Executive Officer, said, "We extend our most sincere gratitude to the Brazilian authorities and the community of Nova Roma for their extensive support and shared commitment to accelerating the implementation of the Carina Project. During the inauguration, they experienced firsthand our unique proprietary technology, witnessing how clean and simple our process is for producing critical heavy rare earths such as dysprosium and terbium.

The Carina Project´s future production of these key elements will enable the fabrication of approximately five million electric vehicles per year, positioning Goias at the forefront in the global energy transition. Aclara remains fully committed to working in close partnership with the Government of Goiás and community of Nova Roma to ensure the long-term success of the Project and proudly reaffirm our goal to commence operations by 2028. To that end, we are pleased to be on track to submit the Environmental Impact Assessment for the Carina Project in Q2 2025, the Pre-feasibility Study in Q3 2025, and the Feasibility Study in Q1 2026."