Altona Rare Earths PLC
REE
Company Profile
Business description
Altona Rare Earths PLC is engaged in discovering and exploration. The operating segments of the company includes Corporate and Administrative-including activities of raising finance and seeking new investment and exploration opportunities, all based in the UK; and Mineral Exploration that is all based in Northwest Mozambique. Rare Earth Elements (REE) are mainly used to produce permanent magnets used in wind turbines and in electric vehicles drive trains and as such are essential Critical Raw Materials for the Green Energy Transition. It generates maximum revenue from Corporate and Administrative Segment.
Contact
Eccleston Yards
25 Eccleston Place
LondonSW1W 9NF
GBRSector
Basic Materials
Stock type
Cyclical
Industry
Other Industrial Metals & Mining
Fiscal Year End
30 June 2025
Employees
8
Morningstar Investment Ideas
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