This certificate is for ‘Circular Mineral Harvesting’, a unique internationally patented process that not only allows for the attractive recovery of rare earths, but also minimizes the associated environmental footprint.
Research work conducted at Penco’s Aklara Demonstration Center has resulted in a rare earth project receiving $2.1 million in tax incentives for research and development costs. It is located in the Biobio region.
corfo Highlighting the research carried out by Aklara for the Penco Module Rare Earths Project, he acknowledged its contribution to the country primarily in the following aspects: Manufacture of permanent magnets used in wind turbines, electric vehicles and other technologies essential to the energy transition.
According to the company, this was possible thanks to the successful completion of the laboratory testing phase. “Cyclic harvesting of minerals” Unique internationally patented process Not only does it enable the recovery of attractive rare earths, but it also minimizes the associated environmental footprint. .
Tax incentives
general manager of To clarifyNelson Donoso Navarrete pointed out that this process allows for: Recirculates 95% of water used in process plants As a result, 99% of the main reagent is used without producing liquid waste.
This validation includes: Approximately US$2.1 million in tax incentives for research and development (“R&D”) expenses Related to plant installation and operation.
State authorities acknowledged that the innovations carried out by the company were environmentally sustainable. Claria is committed to the extraction and processing of this important mineral to combat climate change and electromobility with the highest environmental and social standards.
Project will be resubmitted for environmental assessment
The initiative had been submitted to an environmental impact assessment. However, SEA hopes to end the process early and the owners to resubmit in the first half of next year.
Minister of Economy, Nicholas Grau in this regard is shown as follows The incentives offered by Corfo only apply upon completion of the project and are a separate process from the environmental assessment.
The company said the research and development certificate provided by Corfo joins two international awards won by Aclara for “sustainable innovation”.
The Penko Module project covers an area of approximately 600 hectares and aims to establish a plant that will process clay obtained from nearby deposits to produce heavy rare earth concentrates.
Source: Biobiochile
