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    Altona Rare Earths 2024 Plans Include an Ore Reserve Statement & PFS at Monte Muambe Rare Earth #ree

    12/14/2023
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    12:25

    ➡️ Altona has achieved significant milestones in 2023, including listing on the London Stock Exchange and completing a successful maiden mineral resource estimate and scoping study for their flagship Monte Muambe project. ➡️ The Company now holds a majority ownership stake of 51% in the project, with plans to potentially increase ownership to 70% by completing the pre-feasibility study (PFS). ➡️ They have also submitted a mining license application in Mozambique, with expectations of a positive response from the government, and they are also exploring the possibility of acquiring a smaller project for potential early cash flow. By Mark Fairbairn

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