Altona Rare Earths - Investor Presentation Via Investor Meet Company
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RNS Number : 0078Y
Altona Rare Earths PLC
26 July 2024
26 July 2024
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 an investor update on Altona's diversification strategy, on 01 August 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 31 July 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.
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-endsAltona Rare Earths Plc
Cédric Simonet, CEO
+44 (0) 7778 866 108
Louise Adrian, CFO
+44 (0) 7721 492 922
Novum Securities Ltd (Corporate Finance)
+44 (0) 20 7399 9400
David Coffman
Daniel Harris
Allenby Capital Ltd (Joint Broker)
Kelly Gardiner / Guy McDougall (Sales)
Nick Athanas (Corporate Finance)
+44 (0)20 3328 5656
on:
Optiva Securities (Joint Broker)
+44 (0) 20 3411 1882
Vishal Balasingham
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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