Aclara Resources Signs JOGMEC Heavy Rare Earth JV - Japan Can Earn 30% and Secure Future Brazilian Supply

Highlights

• JOGMEC will solely fund up to US$3M over three years, with an option for an additional US$1.5M, to earn a 30% interest in one Aclara exploration project in Brazil.
• Aclara's flagship Carina Project is excluded from the JV and remains 100% Aclara-owned.
• After earn-in, JOGMEC can purchase production equal to its participating interest plus an additional 10% of future output.
• The deal reflects Japan's strategy to secure upstream optionality over critical heavy rare earths like dysprosium and terbium before a mine even exists.
• No new resource estimates, grades, or economic data were released alongside the announcement, leaving geological validation to future drilling.