Altona Rare Earths - Recent Fluorspar discovery - LAB Assay Results

Altona Rare Earths PLC (LSE: REE) has announced very strong results from its recent fluorspar discovery at Monte Muambe in Africa, confirming grades as high as 93.31% CaF₂. These results validate the potential for a 50,000 tpa acid-grade fluorspar mine at Monte Muambe, with ongoing metallurgical testwork showing promising progress in producing a high-quality concentrate. The confirmation of the high-grade character of this fluorspar body opens up further value and resource potential at the project site. The Company's management is confident in the prospectivity of Monte Muambe and is actively working on advanced metallurgical testing and engagement with offtakers to position the project as a strategic supplier of acid-grade fluorspar. These results affirm Altona's growth trajectory and strategic positioning, driving the Company's commitment to unlocking the value of critical raw materials. For more information or to ask any questions about this announcement, please visit our website at https://investors.altonare.com/. Cedric Simonet, CEO of Altona, welcomes inquiries and looks forward to updating investors on the project's progress as momentum builds towards achieving our strategic goals.