Altona Energy Directors Boost Stake Amid Project Expansion

Altona Energy (GB:REE) has released an update.

Altona Rare Earths PLC announced that its CEO, Cedric Simonet, and CFO, Louise Adrian, have purchased substantial shares, totaling nearly two million, signaling confidence in the company’s growth. Altona, listed on the London Stock Exchange, is focused on critical raw materials in Africa, with projects in rare earths, copper, and fluorspar. The company is advancing its Monte Muambe project in Mozambique and expanding its portfolio with new acquisitions in Zambia and Botswana.

For further insights into GB:REE stock, check out TipRanks’ Stock Analysis page.