Louisiana Approves Tax Exemption for Aclara's Rare Earth Separation Plant, Saving $20.8M Over Five Years

Published: Jun 30, 2026 14:08

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[SMM Rare Earth Flash] Canadian rare earth developer Aclara Resources announced that the US state of Louisiana has approved a tax exemption for its heavy rare earth separation plant at Port Vinton. Under the Industrial Tax Exemption Program, the plant will be exempt from 80% of property taxes for the first five years, saving approximately $4.2 million annually and a total of about $20.8 million over five years, with an option to renew for another five years. The plant plans to break ground in Q4 2026 and will process mixed rare earth carbonates from ion-adsorption clay deposits in Chile and Brazil into high-purity separated rare earth oxides, producing heavy rare earths such as dysprosium, terbium, yttrium, gadolinium, and samarium. The designed capacity is 1,131 mt/yr NdPr, 148 mt/yr dysprosium, and 25 mt/yr terbium.

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