Highlights
- Aclara and CAP inaugurated a 50/50 joint venture demonstration plant in Chile on October 7, 2026, targeting up to 175 kilograms of rare earth metals daily.
- The molten-salt electrolysis process targets at least 99.5% purity neodymium-praseodymium metals, with dysprosium production still under evaluation.
- Management claims the plant 'completes' the mine-to-metal value chain, but no measured campaign results, operating costs, or customer qualifications have been disclosed.
- A separate Louisiana separation facility has secured an air permit with construction targeted for early 2027, subject to financing.
- REEx warns investors to assess cumulative saleable output and delivered cost across the integrated chain rather than summing individual project capacities.
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