Diversified Critical Minerals in Africa
Stock Code:
LSE:REE
Company Exposure:
Rare Earths, FluorspaR, Copper, Silver
Project Locations:
Mozambique, Zambia, Botswana
Altona Rare Earths PLC is an LSE listed junior exploration company specialized in critical minerals and focused on Africa. Altona’s strategy is to acquire and develop low-cost critical minerals assets with strong technical merits and to monetize them through development or disposal. The company’s ambition is to become a trusted and responsible source of critical minerals, supporting not only the decarbonization of the world’s energy sources, but also the economic and social development of host countries.
Investment Highlights
- Considerable value built from exploration work done since 2021 on the Monte Muambe rare earths project (13.6Mt @ 2.42% TREO) which is now at prefeasibility study level, with a mining concession grant expected shortly
- Short term production opportunity from low-tonnage high-grade fluorspar veins also at Monte Muambe, within the mining concession area, currently being reviewed as a priority to generate cash flow
- Building a portfolio of low-cost copper exploration projects with strong technical merits
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