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Initiation of research by Allenby Capital

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Altona Rare Earths (LSE: REE), a resource exploration and development company focused on Rare Earths in Africa, is pleased to announce the initiation of research by Allenby Capital Limited, one of the Company's joint brokers.

The research is available on Allenby Capital's website here.

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 (Corporate Finance) +44 (0) 20 7399 9400

David Coffman

Daniel Harris

George Duxberry

Allenby Capital Ltd (Joint Broker) +44 (0)20 3328 5656

Kelly Gardiner / Guy McDougall (Sales)

Nick Athanas (Corporate Finance)

Optiva Securities (Joint Broker) +44 (0) 20 3411 1882

Daniel Ingram

Yellow Jersey PR (Financial PR) +44 (0) 20 3004 9512

Sarah Hollins

Annabelle Wills

Soraya Jackson

About Altona Rare Earths Plc

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 7,800m, and defined a maiden JORC Mineral Resource Estimate of 13.6 million tons at 2.42% TREO. A Competent Person Report including the Scoping Study for Monte Muambe was published on 18 October 2023. The Project is now entering its Prefeasibility Study stage.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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