LON:REE

Altona Rare Earths Final Earnings Report

Altona Rare Earths logo
GBX 2.85 +0.24 (+9.03%)
As of 12:15 PM Eastern

Altona Rare Earths EPS Results

Actual EPS
-GBX 0.59
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Altona Rare Earths Revenue Results

Actual Revenue
N/A
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Altona Rare Earths Announcement Details

Quarter
Final
Time
Before Market Opens
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Altona Rare Earths Earnings Headlines

Stranded On The Flood Plains of History
The petrodollar arrangement that Kissinger brokered in 1974 officially expired in June 2024. China has slashed U.S. Treasury holdings by 45% from peak, and central banks are swapping dollars for gold at the fastest pace since the Cold War. Porter Stansberry believes Trump is channeling more than $3 trillion toward securing the minerals, chips, and infrastructure that make AI possible - and companies at those chokepoints like Vertiv (up 500%), GE Vernova (up 700%), and Arista Networks (up 750%) are already moving. Porter's new briefing names one asset to buy today plus five stocks positioned at the narrowest chokepoints of what he calls the Silicon Dollar.tc pixel
See More Altona Rare Earths Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like Altona Rare Earths? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Altona Rare Earths and other key companies, straight to your email.

About Altona Rare Earths

Altona Rare Earth (LSE: REE) is a resource exploration and development company, specializing in Critical Raw Materials exploration and development in Africa. The Company is currently involved in copper and silver exploration at the Sesana project in the Kalahari Copper Belt of Botswana, in rare earths exploration at the Monte Muambe project in Mozambique, and is also assessing the possibility to rapidly develop a fluorspar mining operation, also at Monte Muambe. Monte Muambe, a significant REE mining project, is a carbonatite-hosted REE deposit. It is located in Tete Province, Northwest Mozambique, a mature and safe mining region of Africa, with excellent infrastructure. The project has so far shown characteristics that are favourable to the fast-tracked development of a low strip ratio open-pit mining operation, in particular the right size and grade. Since June 2021 Altona has drilled over 7,800m at Monte Muambe. In September 2023 the Company published a maiden JORC Mineral Resource Estimate of 13.6 million tonnes at 2.42% TREO, and in October a Scoping Study. The project is now entering the Prefeasibility Study stage. A Mining Concession (mining licence) was recently granted and is valid until 2049. Monte Muambe also holds fluorspar resources, and the Company has recently discovered Gallium occurrences which are currently being assessed. Altona Rare Earths (LON:REE) is headquartered in London and operates across Africa, where it uses its position on the ground to continually assess new high-quality Critical Raw Materials exploration and mining opportunities.

View Altona Rare Earths Profile