en.Wedoany.com Reported - Aclara Resources, listed on the Toronto Stock Exchange, has received a comprehensive evaluation report from Chile's Environmental Assessment Service, recommending approval of the Environmental Impact Assessment (EIA) for the company's ionic clay project at the Penco Module. This report represents one of the final stages in the project's environmental permitting evaluation process.
The report summarizes the technical and regulatory reviews conducted by the competent authorities throughout the environmental assessment process, including comments received during public participation and indigenous consultation periods. The Environmental Assessment Service's recommendation to approve the Penco Module's EIA indicates that the project has met the technical and environmental requirements necessary for consideration by the Environmental Assessment Commission of the Biobío region.
José Augusto Palma, Executive Vice President of Aclara, stated that receiving this favorable recommendation in Chile is a key milestone for the Penco Module, reflecting years of dedication to developing high-standard environmental and social projects that coexist responsibly with the surrounding environment and local communities. Nicolás Burr of development partner Grupo CEO added that he is confident the authorities in the Biobío region will approve the project's environmental qualification resolution, which is the formal environmental authorization required for project development.
The next meeting of the Environmental Assessment Commission to review the Environmental Impact Assessment is scheduled for June 8. Aclara's patented technology, "Circular Mineral Harvesting," provides a sustainable and energy-efficient process for extracting rare earth elements from ionic clay deposits, minimizing water consumption and overall environmental impact through circularity and circular economy principles.
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