Altona Rare Earths Unveils High-Grade Gallium Discovery at Monte Muambe

Altona Energy ( (GB:REE) ) just unveiled an announcement.

Altona Rare Earths Plc announced a significant discovery of high-grade gallium mineralization at its Monte Muambe project in Mozambique, with concentrations reaching up to 232 g/t Ga. This discovery, associated with rare earths, could potentially enhance the economic viability of the project by providing a valuable by-product. The company is assessing the recoverability of gallium and plans further exploration to determine the extent of the mineralization. Additionally, Altona is progressing with its fluorspar scoping study, with testing underway following delays due to post-election instability in Mozambique.

More about Altona Energy

Altona Rare Earths Plc is a resource exploration and development company focused on critical raw materials in Africa. The company is listed on the London Stock Exchange and holds projects in copper, fluorspar, and rare earths. Its Monte Muambe project in Mozambique is at the Prefeasibility Study stage, focusing on rare earths extraction, and the company is expanding its portfolio with additional projects in Zambia and Botswana.

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