Altona Energy (GB:REE) has released an update.
Altona Rare Earths PLC has reported positive initial metallurgical test results on its Monte Muambe project in Mozambique, indicating high recovery rates for rare earths and potential for fluorspar production amidst increasing prices. Concurrently, the company is exploring its Kabompo South copper project in Zambia, with visual confirmation of copper mineralization and plans to reprocess legacy geophysical data for further insights. These developments align with Altona’s strategy to diversify its commodity portfolio and advance its exploration and development objectives.
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