ARA Stock Discussion

Aclara Resources Inc Description

Aclara Resources Inc, formerly 1303714 BC Ltd, is a Chile-based public company which engages in the Mineral Resources Business Sector. The Company is development-stage rare earth mineral resources company with approximately 450,500 hectares of mining concessions located in the Maule, Nuble, Biobio and Araucania regions of Chile. The Company focuses on the development and on the construction and operation of the Penco Module, which aims to produce a rare earth concentrate through a processing plant that is be fed by clays from nearby deposits. The Company also conducts exploration activities in order to determine if there are deposits within its other mining concessions that can be developed economically and with an adequate environmental footprint.

Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Keywords: Mining