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The Assay TV catches up with Cédric Simonet, CEO of Altona Rare  Earths (LON:REE). Altona’s flag ship project is the Monte Muambe Rare  Earths Project, located in Northwest Mozambique. Altona is rapidly  developing a diversified portfolio of critical raw materials mining  projects in Africa.

The Monte Muambe Project was acquired in 2021, and a scoping study  was completed in 2023 with a maiden resource of 13.6Mt @2.42% total rare  earths oxide.

Additionally, Cédric explains how the company identified a high-grade  fluorspar zone separate from the rare earths resource to diversify and  mitigate risk. The Monte Muambe Project provides an opportunity for the  rapid development of a medium-scale low-capex fluorspar mine.

18 November 2024 - The Assay TV interview