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Aclara Secures Tax Exemptions for Louisiana Rare Earths Facility

The News: Aclara Resources has received final approval for more than $20 million in property tax exemptions for a planned heavy rare earth separation facility at the Port of Vinton in Louisiana. The company is targeting a fourth-quarter 2026 groundbreaking and says the project would support a mine-to-magnet supply chain outside China.

SITEBOXX Take: This is exactly the kind of project economic developers are chasing: critical minerals, advanced manufacturing, port access and national supply-chain security. For Louisiana, the win reinforces how incentives, logistics infrastructure and industrial sites can combine to attract high-value processing facilities.

Source: Read the full report at Mining Weekly.

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