EU Delegation Visits Aclara Resources in Chile to Explore Non-China Rare Earth Supply
A high-profile European Union delegation recently visited Aclara Resources' Penco ionic clay project in Chile's Biobío Region. The visit underscores the EU's interest in securing a sustainable supply of dysprosium and terbium, critical for electric vehicles, wind energy, and defense applications, outside of China. Aclara Resources is focusing on developing heavy rare earths from ionic clay deposits in South America, with strategic partnerships and positive pre-feasibility studies positioning it as a potential key player in the green technology sector. Despite the promising outlook, the company faces significant challenges, including securing permits, managing community relations, and funding a U.S. separation plant.