Altona Rare Earths PLC Membership to CMM
2023年7月17日 - 3:00PM
RNSニュース (英語)
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Altona Rare Earths PLC
17 July 2023
17 July 2023
ALTONA RARE EARTHS PLC
("Altona" or "the Company")
Membership to Chamber of Mines Mozambique
Altona (LSE: REE), a resource exploration and development
company focused on Rare Earths in Africa, announces that its
Mozambique subsidiary, Monte Muambe Mining Limitada ("MMM") has
been accepted as a member of the Chamber of Mines of Mozambique
("CMM").
CMM was founded in 2012 by a number of large international
mining companies with the following aims:
-- Coordinate private sector mining companies in Mozambique,
-- Represent the interests of private sector mining companies to the government, and
-- Improve the image of mining in Mozambique.
CMM is regularly involved in consultations with the Government
and other stakeholders pertaining to regulatory improvements and
other matters affecting the Mining Industry.
Among other advocacy matters, CMM is currently proactively
lobbying for the enabling of a business environment favourable to
minerals value addition and transformation in Mozambique, for the
benefit of both the investors and the country.
Cedric Simonet, CEO of Altona, commented , "I am delighted that
our subsidiary Monte Muambe Mining Limitada has joined the Chamber
of Mines. Mozambique is a mature mining country, where the Mining
Industry has a bright future ahead, provided it remains united and
proactively engages with all stakeholders. As a key player in
Mozambique, it was only natural for Altona, through its local
subsidiary, to join this prestigious business advocacy
organisation."
For more information on Altona and its current mining projects
please visit: www.altonaRE.com
Altona Rare Earths Plc
Cedric Simonet, CEO +44 (0) 7778 866 108
Christian Taylor-Wilkinson, Business Development +44 (0) 7795
168 157
Novum Securities Ltd
David Coffman +44 (0) 20 7399 9400
Daniel Harris
George Duxberry
Optiva Securities (Broker) +44 (0) 20 3411 1882
Daniel Ingram
Yellow Jersey PR (Financial PR) +44 (0) 20 3004 9512
Sarah Hollins
Annabelle Wills
Jazmine Clemens
About Altona Rare Earths Plc
Altona is a resource exploration and development company focused
on Rare Earths in Africa. The Company is listed on the Main Market
of the London Stock Exchange.
Rare Earths are a group of 17 chemical elements, many of which
are critical to the W orld's on-going transition from carbon-based
to renewable energies, and to the defence and communication
sectors.
The Company currently focuses on the development of Monte
Muambe, its flagship Magnet Rare Earths Project, located in
Northwest Mozambique. The project was acquired in June 2021, and
the Company has so far drilled over 7,000m, to support its maiden
JORC Mineral Resource Statement which will be published in the
Third Quarter of 2023.
Altona continues to take advantage of its position in Africa to
assess other possible Rare Earths opportunities on the
Continent.
For more information visit: www.altonaRE.com
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END
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July 17, 2023 02:00 ET (06:00 GMT)
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