Aclara Resources is a Toronto-based mining company developing the Carina heavy rare-earths project in Goiás, Brazil. The company received a US$5 million financing from the U.S. Development Finance Corporation (DFC) to advance the Carina feasibility study. The feasibility study is being led by Hatch and is scheduled to run through the first quarter of 2026, with operations expected to begin in 2028. The financing terms allow the funding to convert into equity subject to future financings and give DFC a preferred option to provide or arrange construction financing. CEO Ramón Barúa said the investment validates Aclara’s strategy and noted initial projections indicate the project will require roughly US$600 million of capital. Barúa added that DFC’s involvement reduces development risk and signals the strategic importance of heavy rare earths for U.S. supply chains.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2025