Aclara’s Rare Earth Plant Gets U.S. Financing | New Orleans News

Aclara Resources is set to build a major rare earths processing plant in Louisiana, backed by a potential $750 million financing nod from the U.S. Export-Import Bank — far exceeding the $277 million needed for construction. Project Dynamo will extract critical heavy rare earths from South American ores to fuel electric vehicles, defense tech, and AI-powered data centers. Backed by federal AI innovation funding via the Department of Energy and Argonne National Lab, the plant aims to break ground by late 2026 with operations by late 2027. Louisiana’s fast-tracked permitting, while speeding up timelines, has drawn environmental concerns over reduced oversight near sensitive coastal zones — all part of America’s broader push to secure its supply chain and challenge foreign control of vital materials. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9fdc50dcd1196023