RCS - Altona Rare Earths - Investor Presentation

Altona Rare EarthsAnnouncement

15/04/2024 07:00

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RNS Number : 5909K  Altona Rare Earths PLC  15 April 2024

 

15 April 2024

 

ALTONA RARE EARTHS PLC

("Altona" or "the Company")

 

 

INVESTOR PRESENTATION

 

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 Altona's
diversification strategy and on its new copper projects, on 17 Apr 2024 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 16
Apr 2024, 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 (https://investors.altonare.com)

 

-ends-

 

Altona Rare Earths Plc

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

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

Christian Taylor-Wilkinson, Business
Development
+44 (0) 7795 168 157

 

Novum Securities Ltd (Corporate
Finance)
+44 (0) 20 7399 9400

David
Coffman

Daniel Harris

 

Allenby Capital Ltd (Joint
Broker)
+44 (0)20 3328 5656

Kelly Gardiner / Guy McDougall (Sales)

Nick Athanas (Corporate Finance)

 

Optiva Securities (Joint
Broker)
+44 (0) 20 3411 1882

Daniel
Ingram

 

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".

 

Rare Earths are a group of 17 chemical elements, many of which are critical to
the World's ongoing transition from carbon-based to renewable energies, and to
the defence and communication sectors.

 

The Company is currently developing Monte Muambe, its flagship Magnet Rare
Earths Project, 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 and process.

 

Altona is presently diversifying its portfolio by acquiring a limited number
of critical raw material projects to complement Monte Muambe. The acquisition
of the Kabompo South copper project in Zambia and of the Sesana copper-silver
project in Botswana represents the first steps towards the implementation of
this expanded strategy.

 

 

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