RCS - Altona Rare Earths - Investor presentation on Gallium discovery

Altona Rare EarthsAnnouncement

02/05/2025 10:45

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RNS Number : 2539H  Altona Rare Earths PLC  02 May 2025

 

2 May 2025

 

ALTONA RARE EARTHS PLC

("Altona" or "the Company")

 

 

INVESTOR PRESENTATION VIA INVESTOR MEET COMPANY

 

Altona (LSE: REE), a resource exploration and development company focused on
critical raw materials in Africa, announces that Cedric Simonet, Chief
Executive Officer, will provide a live presentation relating to the Monte
Muambe Gallium discovery and its significance, on 08 May 2025 at 18:00 BST,
via the Investor Meet Company platform.

 

The presentation is open to all existing and potential shareholders. Questions
can be submitted pre-event via your Investor Meet Company dashboard until 07
May 2025, 09:00 BST, or at any time during the live presentation.

 

Investors can sign up to Investor Meet Company for free and add to meet Altona
via:

 

https://www.investormeetcompany.com/altona-rare-earths-plc/register-investor
(https://www.investormeetcompany.com/altona-rare-earths-plc/register-investor)

 

Investors who already follow Altona on the Investor Meet Company platform will
automatically be invited.

 

To subscribe for RNS alerts, please join our investor hub on:
https://investors.altonare.com/auth/signup
(https://investors.altonare.com/auth/signup)

 

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Altona Rare Earths Plc

Cédric Simonet,
CEO
+44 (0) 7778 866 108

Louise Adrian, CFO
                                           +44 (0) 7721
492 922

 

Strand Hanson (Financial Adviser)
                          +44 (0) 20 7409 3494

Christopher Raggett

 

 

About Altona Rare Earths Plc

 

Altona is a resource exploration and development company focused on critical
raw materials in Africa. The Company is listed on the Main Market of the
London Stock Exchange with the ticker "REE". The Company currently holds
copper, fluorspar and rare earths projects.

 

The Monte Muambe rare earths, gallium and fluorspar project is located in
Northwest Mozambique. The Project was acquired in June 2021, and the Company
has so far drilled over 7,800m, and defined a maiden JORC Mineral Resource
Estimate of 13.6 million tons at 2.42% TREO. A Competent Person Report
including the Scoping Study for Monte Muambe was published on 18 October 2023.
The Project is now at Prefeasibility Study stage, with a focus on
metallurgical testing for rare earths extraction.

 

The Company is assessing the possibility of rapidly putting in production
high-grade fluorspar veins occurring at Monte Muambe along the western margin
of the rare earth bearing carbonatite intrusion. The Company is also assessing
the potential of recently discovered gallium occurrences.

 

Altona is presently diversifying its portfolio by acquiring a limited number
of critical raw material projects to complement Monte Muambe. The acquisitions
of the Kabompo South copper project in Zambia and of the Sesana copper-silver
project in Botswana, located just 25 km from MMG's Khoemacau Zone 5
copper-silver mine, represent the first steps towards the implementation of
this expanded strategy.

 

 

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