Aclara announced (via email only at present) they were selected...

Aclara announced (via email only at present) they were selected by BNDES to proceed:

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Aclara is pleased to announce that its Business Plan has been approved and shortlisted to proceed to the Detailed Work‑Plan phase of the joint public call issued by the Brazilian National Development Bank (BNDES) and the Brazilian innovation agency (FINEP), Call No. 753. The program seeks to finance projects that expand productive capacity and R&D for the transformation of critical minerals, including rare earth elements, that enable energy‑transition and decarbonization technologies.

Selection into the next phase, Detailed Work Plan (“DWP”), positions Aclara to access a broad suite of funding instruments — including long-term credit lines, equity investments, non-reimbursable funds and economic subsidies — designed to accelerate high-impact mineral-transformation projects in Brazil.

The Company will now prepare and submit a comprehensive DWP detailing milestones, budgets and socio-environmental commitments for the Carina Project. Once evaluated and approved, the DWP will enable Aclara to negotiate definitive financing and funding agreements that can support construction of processing facilities, technology scale-up and workforce development.

Aclara Brazil’s Country Manager, Murilo Nagato, commented:
“We are thrilled that BNDES and FINEP share our vision for developing an innovative, highly sustainable, low-impact rare-earths industry in Brazil. Advancing to the Detailed Work Plan phase — together with our renowned partners in academia, industry and government — brings us one step closer to having the Carina Project and our vertically integrated value chain in production. We look forward to working closely with BNDES and FINEP to help position Brazil at the forefront of heavy-rare-earth technologies.”