Aclara Resources Reveals PEA and Advances Towards Early Production of Carina in Brazil

Proactive - Interviews for investors

Aclara Resources Chief Operating Officer Barry Murphy joined Steve Darling from Proactive to announce significant developments surrounding the company's Carina Module, a regolith-hosted ion adsorption clay project in Goiás, Brazil. A recently released preliminary economic analysis reveals an after-tax Net Present Value (NPV) of $1.5 billion, using an 8% discount rate, and a 27% internal rate of return (IRR) over the mine’s 22-year lifespan. The analysis highlights a payback period of just 4.2 years, with notably low initial capital costs of $593 million and sustaining costs of $86 million. Murphy shared that Aclara is now focused on accelerating the path to early production, with recent developments aimed at streamlining this process. The company has signed a Memorandum of Understanding (MoU) with both the State of Goiás and Nova Roma Municipality in Brazil, facilitating a faster permitting process and ensuring that production is on track for between 2027 and 2028. In parallel, Aclara is working to complete its 15,200-meter Phase 2 reverse circulation drill campaign, which aims to convert inferred mineral resources into the measured and indicated categories. This phase is expected to wrap up by Q4 2024, adding further momentum to the project’s advancement. #proactiveinvestors #aclararesourcesinc #tsx #ara #mining #rareearths#AclaraResources #CarinaProject #GoiásMoU #MiningInvestment #RenewableEnergy #EnvironmentalSustainability #JobCreation #InfrastructureDevelopment #BrazilMining #SustainableMining #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews