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
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
-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.