Curated News
By: NewsRamp Editorial Staff
May 08, 2024
Aclara Resources Awards Carina Module Pre-feasibility Study to Hatch
TLDR
- Aclara Resources Inc has contracted Hatch for a prefeasibility study on the Carina Module rare earths project in Brazil, giving them a strategic advantage.
- The prefeasibility study will focus on trade-offs related to resource availability like power and water, expected to conclude around mid-next year.
- The study will contribute to the responsible development of the rare earths project, making the world a better place for future generations.
- Aclara plans to relocate its pilot plant from Chile to Brazil for tests relevant to the project's pre-feasibility phase, providing an interesting development.
Impact - Why it Matters
The completion of the prefeasibility study for the Carina Module rare earths project is a significant step for Aclara Resources Inc, as it will provide crucial insights into the project's feasibility. This news signals progress in the company's efforts to expedite the process towards the feasibility phase and ultimately advance the development of the rare earths project. Investors and stakeholders should take note of the company's strategic moves in the rare earths market.
Summary
Aclara Resources Inc (TSX:ARA, OTC:ARAAF) has contracted global multidisciplinary consultancy firm Hatch to complete the prefeasibility study for the Carina Module rare earths project in Brazil. The study will focus on trade-offs concerning the availability of resources like power and water. Aclara anticipates releasing a NI 43-101 compliant technical report by mid-2026.
Source Statement
This curated news summary relied on content disributed by News Direct. Read the original source here, Aclara Resources Awards Carina Module Pre-feasibility Study to Hatch
