RNS Number : 8244J
Altona Rare Earths PLC
09 April 2024
 

 

9 April 2024

 

ALTONA RARE EARTHS PLC

("Altona" or "the Company")

 

 

INVESTOR HUB LAUNCH

 

Altona (LSE: REE), a resource exploration and development company focused on critical raw materials in Africa, is pleased to announce the launch of its interactive Investor Hub.

 

Altona's Investor Hub is an interactive platform specifically designed to allow investors and stakeholders to:

 

·    Conveniently access all important company news and information

·    View additional content including management video commentaries on its RNS

·    Make the most of the platform's interactive features, including allowing shareholders to add comments and ask questions which will be answered by the directors

·    Keep up to date with what the Company is doing

 

Altona's Investor Hub is accessible through:

·    https://investors.altonare.com

·    The Investors menu of Altona's website https://www.altonare.com

 

To sign up for the Altona Investor Hub:

1.   Visit investors.altonare.com

2.   Follow the prompts to join our Investor Hub

3.   Complete your account profile

 

Stakeholders who have already registered on the Altona website to receive RNS will need to register afresh through the Investor Hub section.

 

Cedric Simonet, CEO of Altona, commented: "Altona recognises the utmost importance of stakeholder engagement. Investor Hub is an effective tool to increase and enhance two-way communication with stakeholders including shareholders, potential shareholders and other interested parties.

 

"During this period of evolution at Altona, as the Company implements its diversification strategy into new mining projects, it is the perfect time to visit Altona's Investor Hub, to join and to interact with us."

 

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.

 

 

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