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Stock impact report

Aclara Announces Rare Earths Processing in the U.S.A [Yahoo! Finance]

Hubbell Inc (HUBB) 
Last hubbell inc earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
incorporated a U.S. based subsidiary, Aclara Technologies Inc. ("Aclara Technologies"), to develop its rare earths separation capabilities in the United States. This development will allow Aclara to better position itself to carry out all of the stages leading up to the production of metal and alloys for high performance permanent magnets, following the recent announcement that the Company has entered into a joint venture with CAP to develop metal and alloys capabilities. As a result, Aclara is positioned to become the first vertically integrated heavy rare earths company outside of Asia. Aclara CEO, Ramon Barua, commented: "This strategic decision is only possible because of Aclara s unique feed of clean heavy rare earths, particularly Dysprosium and Terbium, which is expected to be sourced from two stable and investment friendly countries in the Americas. This competitive advantage distinguishes Aclara from other players in the industry. By going further in the vertical integrat Show less Read more
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