Australian company's US subsidiary was named a member of the Critical Materials Institute, a US Department of Energy Energy Innovation Hub at the beginning of the year.
Aclara has decided to take more time in order to “fully understand and resolve the remaining issues” and resubmit a revised EIA application for its sole project.
Pent-up demand, supply shocks, low stocks pushed aluminum, copper and coal prices to all-time highs, but new report suggests supercycle talk is premature.
Projects to be funded include the second rare earth separation plant to be built outside China, a battery material refinery and a vanadium processing plant.