Aclara, CAP Launch Rare Earth Metal Demo Plant in Chile
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Talcahuano – – October 07, 2026 -- Aclara Resources Inc. (TSX: ARA) and steelmaker CAP S.A. have inaugurated a demonstration plant designed to produce up to 175 kilograms of rare earth metal per day at 99.5% purity, targeting the permanent magnet supply chain for electromobility, robotics and wind power.
Joint venture taps decades of steelworks metallurgy
The facility was launched by Aclara Metals SpA, a 50/50 joint venture between Aclara and CAP, drawing on metallurgical expertise accumulated at CAP's Huachipato steelworks in Talcahuano, Chile. The start-up ceremony was attended by Sergio Giacaman, Governor of the Biobío Region, alongside executives from CAP and Aclara.