NeoTerra Group plc has for the first time added heavy rare earth elements to its mineral resource estimate for the fluorspar-gallium fluorite zone and Python target at Monte Muambe in Mozambique. PRODUCER The company said that the revised MRE reflected the potential to recover HREE-rich concentrate as a by-product of planned acid-grade fluorspar production. Revenues […]
Tag: Python target – Monte Muambe
Altona secures £2m growth facility
Altona Rare Earths plc has secured a growth capital facility with Zeus Capital Ltd, to raise up to gross £2 million, to progress its Monte Muambe project in northwest Mozambique. TVRs The funds will add to Altona’s cash balance of £1m, as at 30 April, and also protect shareholders from “unnecessary dilution”. Altona will draw […]