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Altona Energy ( (GB:REE) ) just unveiled an update.
Altona Rare Earths PLC announced the publication of a new research note by Optimo Capital Ltd. The company is advancing its Monte Muambe Project in Mozambique, which hosts rare earths, fluorspar, and gallium mineralisation, and is seeking a strategic partner for its rare earths component. Additionally, Altona is fast-tracking the development of high-grade fluorspar veins and exploring gallium production potential, while also progressing its Sesana Copper-Silver Project in Botswana. These efforts position Altona to strengthen its role in supplying critical raw materials for various high-demand sectors.
More about Altona Energy
Altona Rare Earths Plc is a London Main Market-listed exploration and development company focused on critical raw materials in Africa. The company targets assets with potential for both near-term monetisation and long-term growth, with projects like the Monte Muambe Project in Mozambique and the Sesana Copper-Silver Project in Botswana. Altona aims to contribute to the global supply of commodities essential for clean energy, high technology, defence, and industrial applications.
Average Trading Volume: 3,607,444
Technical Sentiment Signal: Sell
Current Market Cap: £3.94M
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