Aclara Resources Inc. Secures U.S. Government Funding for Brazilian Rare-Earth Project

TORONTO, ON — Aclara Resources Inc., a materials sector company listed on the Toronto Stock Exchange, has announced a significant development in its exploration and mining operations. The company has secured up to US$5 million in project development funding from the U.S. International Development Finance Corporation (DFC) for its Carina heavy rare earths project in Goiás, Brazil.

This funding is part of a broader strategy by Western nations to reduce reliance on China, the dominant supplier of rare-earth elements. The Carina Project aims to develop a substantial source of heavy rare earths, which are critical for various high-tech applications, including electronics, renewable energy technologies, and defense systems.

Funding Terms and Strategic Implications

The DFC’s commitment includes the possibility of converting the project development funds into equity in Aclara Resources Inc. This conversion is contingent upon the company completing a financing event of more than US$50 million, or multiple financing events totaling at least US$75 million within twelve months. These funds are earmarked for the construction of the Carina Project.

Additionally, upon the completion of the financing event, the DFC will have a preferential option to be mandated to directly provide and/or arrange for further financing or investment in the Carina Project. This strategic investment underscores the importance of diversifying rare-earth supply chains and enhancing the security of critical materials.

Market Reaction and Company Overview

As of September 1, 2025, Aclara Resources Inc. closed at CAD 1.7 on the Toronto Stock Exchange, with a market capitalization of approximately CAD 373.97 million. The company’s stock has experienced volatility over the past year, reaching a 52-week high of CAD 1.75 on July 22, 2025, and a low of CAD 0.4 on November 21, 2024.

Aclara Resources Inc. specializes in exploring and developing metal projects, with a focus on rare-earth elements. The recent funding from the U.S. government is expected to bolster the company’s efforts in advancing the Carina Project, potentially enhancing its market position and contributing to the global supply of critical materials.

This development marks a significant milestone for Aclara Resources Inc. as it continues to expand its portfolio and capabilities in the materials sector. The company’s strategic partnerships and funding initiatives are likely to play a crucial role in its future growth and success.