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Biobío Coeva Approves Rare Earth Mining Project in Penco

Summary by La Tercera
The Environmental Assessment Commission (Coeva) of the Biobío Region gave the green light to the rare earth mining project promoted by Aclara Resources and group CAP in Penco, which contemplates an investment of the order of US$130 million, but which had been rejected by the neighboring communities.The regional agency, chaired by the mayor, approved the Environmental Impact Study (EIA) presented in June 2024 by the Mining Development Project for…

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The Environmental Assessment Commission (Coeva) of the Biobío Region gave the green light to the rare earth mining project promoted by Aclara Resources and group CAP in Penco, which contemplates an investment of the order of US$130 million, but which had been rejected by the neighboring communities.The regional agency, chaired by the mayor, approved the Environmental Impact Study (EIA) presented in June 2024 by the Mining Development Project for…

·Las Condes, Chile
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Lean Right

By 4:00 p.m. this Monday, the meeting of the council to be chaired by the presidential delegate Julio Anativia, and where different regional ministerial secretaries will have to vote and decide on the final evaluation of the mining project Tierras Raras. Because of his capacity as president of the Environmental Assessment Commission, the presidential delegate avoided referring in depth to the process. Anyway, he pointed out that once the vote wa…

·Chile
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The Biobío Environmental Assessment Commission gave the green light to the initiative, which contemplates an investment of US$130 million and the generation of about 2,200 jobs.

This is the rare earth initiative, which are strategic materials for defense technologies and electric vehicle engines. The approval marks a milestone because it was the only investment of this type in environmental processing in Chile. The project is considered a case relevant to the future of the sector, considering that the Kast government signed an agreement with the United States to strengthen cooperation in critical minerals, including rar…

This afternoon, the Environmental Assessment Commission (Coeva) will define the future of the rare earth clay extraction project in the municipality of Penco, Biobío Region. At 4:00 p.m. on Monday, June 8, the Environmental Assessment Commission (Coeva) will vote on the continuation of the Environmental Impact Study of the “Penco project [...] The Penco entry expects key decision on rare earth project was first published in Desenfoque.cl.

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BioBioChile broke the news in Chile on Monday, June 8, 2026.
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