Proactive - Interviews for investors

Aclara Resources welcomes MoU with Brazilian authorities to fast-track Carina Module

Episode Summary

Aclara Resources Inc (TSX:ARA, OTC:ARAAF) executive vice president Jose Palma tells Proactive's Stephen Gunnion that a Memorandum of Understanding (MoU) with the Brazilian state of Goiás and the municipality of Nova Roma marks a significant step forward for the Carina Module Project, aligning the company closely with state authorities to expedite the project's progress. Palma highlighted that the MoU involves key governmental bodies, including the Environmental Secretariat and the Secretary of Economy, each committing to specific actions that will facilitate the project's swift development. Palma emphasized that the agreement covers a range of critical areas, from expediting environmental assessments to improving infrastructure and workforce training. Notably, the Carina Module Project is expected to generate 3,200 jobs, a significant boost for the small town of Nova Roma and its surrounding areas. Aclara Resources has also committed to a substantial financial investment of approximately $580 million to bring the Carina Module Project to fruition. The MoU is already in effect, with immediate next steps including the submission of a detailed project timeline and a plan to strengthen the institutional capacity of Nova Roma. As part of its strategy, Aclara will also be relocating a pilot plant from Chile to Brazil to support the project's development. Visit Proactive's YouTube channel for more updates on this and other projects. Don't forget to give the video a like, subscribe to the channel, and enable notifications for future content." #AclaraResources #CarinaProject #GoiásMoU #MiningInvestment #RenewableEnergy #EnvironmentalSustainability #JobCreation #InfrastructureDevelopment #BrazilMining #SustainableMining #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews