Canadian Mining Company To Build Rare Earth Metals Facility In Louisiana

(KHLA - Lake Charles, Louisiana) - A Canadian mining company has announced their intentions of building a facility in Calcasieu Parish to refine rare earth metals.

These rare earth metals are utilized in a wide range of electronics and motors in the technological, consumer, and defense sectors.

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New Rare Earth Metals Facility In Louisiana

KPLC is reporting that Aclara Resources Inc. plans on building a $277 million rare earth metals facility that will be the first of its kind in the United States of America.

The company intends to extract rare earth metals from South American mines and transport them to Louisiana for processing at its proposed Vinton facility. The metals will be extracted and separated from the clay mineral deposits at the facility using hydrochloric acid.

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Where will the new rare earth metals facility be located in Louisiana?

The new facility is said to bring in around 140 new jobs to the area and will be located at the Port of Vinton.

It will be harvesting rare earth metals such as dysprosium, neodymium, praseodymium and terbium.

Governor Jeff Landry said in a press release:

By choosing Louisiana for its first U.S. facility, Aclara is recognizing what we already know, our state is leading the next generation of energy and technology innovation. We’re excited to welcome the Aclara team to Louisiana, and we look forward to the jobs, growth and opportunity this project will deliver for our people, our communities and for a Louisiana economy that’s ready to power and lead our nation’s future.

 

Aclara Resources CEO Ramón Barúa said in the press release:

Louisiana provides ready access to the key reagents we depend on, helping ensure operational reliability and lower transportation costs. The state’s world-class chemical industry and highly skilled workforce made the decision even more compelling. Simply put, Louisiana has everything we were looking for.

Click here for more on the new rare earth metals facility going to be built in Vinton, Louisiana.