Aclara Joins the United Nations Global Compact
ACLARA JOINS THE UNITED NATIONS GLOBAL COMPACT
TORONTO, ON, May 3, 2024 – Aclara Resources Inc. (“Aclara” or the “Company”) (TSX: ARA) is pleased to
announce that the Company has joined the United Nations Global Compact, the world's largest corporate
sustainability initiative, encompassing a 10-principle-framework guiding responsible business es around
areas of human rights, labor, environment and anti -corruption, and links these actions to the objectives of
the UN’s Sustainable Development Goals.
• United Nations Global Compact is the world's largest corporate sustainability initiative, with over
24,000 companies participating in 160 countries.
• Aclara commits to incorporating the principles of the Global Compact into the Company's strategy,
culture, and operations, and to participating in collaborative projects that promote the United
Nations' sustainable development goals.
"At Aclara, we believe that sustainable development is the path to the future. Our work ethic, along with the
innovation we apply to promote a greener world, and the close collaboration with our communities reflect this
commitment. We are a driving force for global decarbonization for building a better world. Today, we join the
United Nations Global Compact to accelerate the pace towards sustainable development together" , said
Ramón Barúa, CEO of Aclara.
Aclara aims to be the cornerstone of a green revolution . Building a sustainable value chain that results in
clean and traceable extraction of rare earth minerals, is a vital step for the development of electromobility
and clean technologies aimed at decarbonizing the planet. The Company’s patented "Circular Mineral
Harvesting" process, pursuant to which heavy rare earths are extracted in a sustainable manner, prioritizes
environmental responsibility and transparency. This closed -loop system offers several key environmental
benefits:
• No explosives: Simple extraction requires only loading and hauling of the ionic clays.
• Low Carbon Footprint: No crushing or milling results in minimal energy usage.
• Eliminating Waste: No generation of any solid or liquid residues avoids the need for a tailings dam.
• Circular Economy Principles: Recirculation of up to 95% of the water used and 99% of a common
fertilizer main reagent.
• Land Reclamation: Aclara proposes a sequential closure and a commitment to fully revegetate all
the extraction zones at its projects.
Aclara's commitment to environmental responsibility extends beyond the process itself. The Penco Module
will use 100% recycled water, eliminating the need to tap into natural water sources. Furthermore, Aclara
is committed to reforesting over 200 hectares at the Penco Module by planting native species and to
promote conservation efforts. These practices ensure Aclara's DyTb production remains traceable and
environmentally responsible, offering a reliable alternative to China's dominant rare earth supply chain.
In recent years, Aclara has been internationally recognized for its innovations and attributes, in line with the
principles of the Global Compact, including recognition by the Business Intelligence Group as a Sustainable
Initiative in the 2022 Sustainability Awards and further ranked as among the 50 most sustainable
companies in the world at the 2023 SEAL Awards.
The UN Global Compact Commitments and Reporting
Launched in 2000, the UN Global Compact is a multi -stakeholder platform for the development,
implementation, and disclosure of responsible business practices. Companies that join commit to
integrating the UN's Ten Principles on human rights, labor, environment, and anti-corruption into their
operations. Beyond this, the Global Compact aligns businesses with the UN Sustainable Development
Goals, creating a shared roadmap for a sustainable future. Participation signifies a commitment to both
sustainability and transparency, requiring annual reporting on progress towards these goals.
Ten Principles of the UN Global Compact
About Aclara
Aclara Resources Inc. (TSX: ARA) is a development -stage company that is focused on heavy rare earth
mineral resources hosted in Ion -Adsorption Clay deposits. The Company ’s rare earth mineral resource
development projects include the Penco Module in the Bio-Bio Region of Chile and the Carina Module in the
State of Goiás, Brazil.
Aclara's rare earth extraction process offers several environmentally attractive features. Circular mineral
harvesting does not involve blasting, crushing, or milling, and therefore does not generate tailings and
eliminates the need for a tailings storage facility. The extraction process developed by Aclara minimizes
water consumption through high levels of water recirculation , made possible by the inclusion of a water
treatment facility within its patented process design. The ionic clay feedstock is amenable to leaching with
a common fertilizer main reagent, ammonium sulfate. Furthermore, harmful levels of radionuclides, typical
of hard rock rare earth deposits, are not concentrated within Aclara’s processing flowsheet.
In addition to the development of the Penco Module and the Carina Module , the Company will continue to
identify and evaluate opportunities to increase future production of heavy rare earths through greenfield
exploration programs and the development of additional projects within the Company's concessions in
Brazil, Chile, and Peru.
Forward-Looking Statements
This press release contains “forward -looking information” within the meaning of applicable securities
legislation, which reflects the Company’s current expectations regarding future events, including , without
limitation, statements with regard to management’s commitment to continuing to build and develop an
environmentally sustainable supply chain and anticipated outcomes resulting therefrom . Forward -looking
information is based on a number of assumptions and is subject to a number of risks and uncertainties, many
of which are beyond the Company’s control. Such risks and uncertainties include, but are not limited to risks
related to operating in a foreign jurisdiction, including political and economic problems in Chile and Brazil; risks
related to changes to mining laws and regulations and the termination or non -renewal of mining rights by
governmental authorities; risks related to failure to comply with the law or obtain necessary permits and
licenses or renew them; compliance with environmental regulations can be costly; actual production, capital
and operating costs may be different than those anticipated; that the Company may be not able to successfully
complete the development, construction and start-up of mines and new development projects; risks related to
mining operations; and dependence on the Penco Module and/or the Carina Module. Aclara cautions that the
foregoing list of factors is not exhaustive. For a detailed discussion of the foregoing factors, among others,
please refer to the risk factors discussed under “Risk Factors” in the Company’s annual information form dated
as of March 22, 2024 , filed under the Company’s profile on SEDAR+ at www.sedarplus.ca . Although the
forward-looking statements contained in this press release are based upon information and assumptions that
management of the Company believes to be reasonable and complete as of the date of this press release,
these statements are by their nat ure subject to a number of factors that could cause actual results to differ
materially from m anagement’s expectations and anticipated outcomes as specified in such forward -looking
statements. As such, readers are cautioned not to place undue reliance on forward -looking information
contained in this press release. Unless otherwise noted or the context otherwise indicates, the forward-looking
information contained in this press release is provided as of the date of this press release and the Company
does not undertake any obligation to update such forward -looking information, whether as a result of n ew
information, future events or otherwise, except as expressly required under applicable securities laws.
For further information, please contact:
Ramon Barua
Chief Executive Officer