According to foreign media reports, Aclara Resources is actively

Markets News

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

NewsFlash / Rare Earth / Aclara Seeks $1.5 Billion to Support Latin American Rare Earths Project

Aclara Seeks $1.5 Billion to Support Latin American Rare Earths Project

Jul 24, 2025 14:06

Source:SMM

According to foreign media reports, Aclara Resources is actively communicating with US government agencies to secure $1.5 billion in funding support for its rare earth mining project in Latin America and its planned processing facility construction in the US. Company CEO Ramon Barua revealed that Aclara has submitted funding applications to relevant agencies and will further elaborate on its needs and plans in Washington. In the future, Aclara aims to carry out mining operations for ion-adsorption clay deposits in Chile and Brazil. Meanwhile, the company is planning to select a site for its processing plant in the US, with Louisiana, Texas, South Carolina, and Virginia all being considered as potential locations. It is worth mentioning that Aclara has also reached a cooperation agreement with German magnet manufacturer Vacuumschmelze GmbH, and the two parties will jointly build a related facility in South Carolina.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM's Latest Market Update (July 30): Mainstream transaction prices for Pr-Nd oxide: 531,500 yuan/mt (up 11,000 yuan from the previous day), mainstream transaction prices for Pr-Nd alloy: 645,000 yuan/mt (up 20,000 yuan from the previous day). In addition to Pr-Nd oxide and alloy, single Pr oxide, single Nd oxide, Pr metal, and Nd metal all showed significant increases exceeding 10,000 yuan/mt.

Jul 31, 2025 19:40

Analysis

Chinese Pr-Nd Prices is Rising：How do end-users Respond （P1）【SMM Analysis】

Jul 31, 2025 19:26

Analysis

Market bullish expectations persist, rare earth prices fluctuate upward [SMM Rare Earth Weekly Review]

[SMM Rare Earth Weekly Review: Market Bullish Expectations Persist, Rare Earth Prices Fluctuate Upward] This week, the price of Pr-Nd oxide continued to rise rapidly. According to market feedback, the current supply of Pr-Nd oxide is tightening, and market bullish sentiment is high. With suppliers offering firm quotes, it is difficult to find low-priced goods in the market. Meanwhile, downstream orders have also increased, and the demand for rare earths has grown to a certain extent compared to before. With the aggravation of the supply-demand mismatch, the price of Pr-Nd also continued to hold up well.

Jul 31, 2025 16:16

Selected News

Baotou Rare Earth High-tech Zone: Pursuing Long-term Development through "Green" Practices, Creating a Model for Low-carbon Development in the Rare Earth Industry

Jul 31, 2025 15:08

Selected News

Sentiment impact supported by fundamentals, analysis of the uniqueness of rare earth ore mines [SMM analysis]

In July, the price of Pr-Nd alloy continued to rise, climbing from an average price of 545,000 yuan/mt on July 3 to 635,000 yuan/mt on July 28, representing a monthly increase of over 16% and marking the highest annual increase since 2011.

Jul 30, 2025 21:14

Selected News Industry

The Sentiment in Rare Earth：Another Reason for Rising Price

In July, the price trend of Pr-Nd alloy continued to rise, increasing from an average price of 545,000 on July 3rd to 635,000 on July 28th, with a monthly increase exceeding 16%, marking the highest year-on-year increase since 2011.

Jul 30, 2025 16:44

Analysis

Shenghe Resources Holds Mid-Year Work Conference for 2025

Jul 29, 2025 18:37

Selected News

Pr-Nd Prices Rose Rapidly，Supported by Rigid Demand

SMM reported that the rare earth oxide market continued its upward trend on July 23. Mainstream quotations for Pr-Nd oxide ranged from 495,000 to 497,000 yuan/mt, with an average price of 496,000 yuan/mt, up 17,000 yuan/mt MoM. Quotations for Pr oxide ranged from 513,000 to 518,000 yuan/mt, with an average price of 515,500 yuan/mt, up 28,000 yuan/mt MoM. Quotations for Nd oxide ranged from 498,000 to 500,000 yuan/mt, with an average price of 499,000 yuan/mt, up 15,000 yuan/mt MoM. Notably, as of the time of reporting, the spot cargo transaction price for some Pr-Nd oxide separation plants had reached 502,000 yuan/mt, which translates to a metal cost of approximately 620,000 yuan/mt

Jul 24, 2025 18:51

Analysis

Rare earth prices continue to rise, with strong market bullish sentiment [SMM Rare Earth Weekly Review]

[SMM Rare Earth Weekly Review: Rare Earth Prices Continue to Rise with Strong Market Bullish Sentiment] This week, the price of Pr-Nd oxide saw a significant increase. It is understood that due to the impact of Kachin's relevant announcements on rare earth ore mining and the news that rare earth metal ore imports reached zero in June, most industry players expect a tightening of subsequent market supply. At the same time, there has been a noticeable increase in demand from downstream metal end-users, driving up the prices of Pr-Nd products across the board.

Jul 24, 2025 16:01

Selected News

The price of scrap fluctuates significantly, and the sentiment of reluctance to sell affects procurement [SMM Weekly Review of Recycled Rare Earths]

[SMM Weekly Review of Recycled Rare Earths: Scrap Prices Fluctuate Greatly, Purchasing Affected by Reluctance to Sell] This week, scrap market prices fluctuated greatly, showing an overall upward trend. At the beginning of this week, influenced by the rapid rise in oxide market prices, scrap suppliers held high expectations for future prices, and the sentiment of reluctance to sell continued to spread. Recycling enterprises had to raise their quotes to ensure that scrap recycling was not affected by the reluctance to sell. However, as oxide market prices pulled back, recycling enterprises became cautious about purchasing at high prices, leading to scrap prices jumping initially and then pulling back.

Jul 17, 2025 16:12

Selected News

SMM Events & Webinars

All

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025