Louisiana rare earth plant eligible for $750M in federal financing
The U.S. Export-Import Bank has issued a letter of interest for up to $750 million to support Aclara Resources’ proposed rare‑earth processing project in Louisiana.
Aclara Resources said it received a letter of interest from the Export‑Import Bank of the United States for up to $750 million in financing for Project Dynamo. Project Dynamo is the company’s proposed rare‑earths processing plant in Louisiana. The letter indicates potential federal financing support for the project.