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Altona Energy ( (GB:REE) ) just unveiled an announcement.
Altona Rare Earths PLC has announced its audited results for the year ending June 2025, highlighting significant progress in its diversification strategy, including the execution of projects in fluorspar and copper, and the discovery of gallium at Monte Muambe. The company secured a 25-year mining concession for Monte Muambe and signed a final agreement on the Sesana Copper-Silver project. Post-period, Altona commenced a drilling program at Monte Muambe and engaged with the USTDA for potential financial support, while also raising funds to support project progression. The company is set to hold its AGM on November 26, 2025, and continues to focus on advancing its projects towards feasibility and identifying new opportunities aligned with its strategic focus on critical raw materials.
More about Altona Energy
Altona Rare Earths Plc is a London Main Market-listed exploration and development company focused on unlocking the value of critical raw materials across Africa. The company pursues a diversified strategy targeting assets with potential for near-term monetisation alongside long-term growth. Its flagship project, Monte Muambe in Mozambique, hosts rare earths, fluorspar, and gallium mineralisation, and Altona is also advancing the Sesana Copper-Silver Project in Botswana.
Average Trading Volume: 8,337,531
Technical Sentiment Signal: Buy
Current Market Cap: £6.86M
For an in-depth examination of REE stock, go to TipRanks’ Overview page.