Altona Rare Earths announces promising fluorspar assay results at Monte Muambe, Mozambique

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Altona Rare Earths announces promising fluorspar assay results at Monte Muambe, Mozambique

5:25 CAT | 10 Feb 2025

File photo: Altona Rare Earths

Altona reports assay results with 88.03% CaF2 from Monte Muambe.

Company advances studies for efficient fluorspar production.

Altona Rare Earths Plc has announced promising assay results from its Monte Muambe Fluorite Zone, with fluorspar ore samples averaging 88.03% CaF2, surpassing typical metallurgical grade standards. The company is advancing metallurgical studies and engaging with processing partners to expedite fluorspar production, aiming to achieve efficient and cost-effective operations, which could enhance its market positioning and stakeholder confidence.

Altona CEO @CedricSimonet comments:

“I am very pleased with these assay results which, as far as CaF2 grade is concerned, exceed our expectations.”

Read more here: https://t.co/CTyLdMx244 #REE #Copper #Fluorspar pic.twitter.com/oQz3PVkQ8C

— AltonaRareEarths (@AltonaRareEarth) February 10, 2025

More about Altona Energy

Altona Rare Earths Plc is a resource exploration and development company focused on critical raw materials in Africa, listed on the London Stock Exchange under the ticker ‘REE’. The company holds projects in copper, fluorspar, and rare earths, with significant efforts at the Monte Muambe project in Northwest Mozambique, where it is currently in the prefeasibility study stage for rare earths extraction.

🔔Altona is pleased to announce that the Monte Muambe rare earths & #fluorspar project’s mining licence number 11854 status has been updated to “active” on the Mozambique Government’s mining cadastre system.

Read the RNS here: https://t.co/EhytEy9rcr #REE #MonteMuambe pic.twitter.com/2254WYkL3k

— AltonaRareEarths (@AltonaRareEarth) February 10, 2025