TIDMREE

Altona Rare Earths PLC

31 October 2023

31 October 2023

ALTONA RARE EARTHS PLC

("Altona" or "the Company")

Webcast for Monte Muambe Scoping Study Results

Altona Rare Earths (LSE: REE), a resource exploration and development company focused on Rare Earths in Africa, announces that Cedric Simonet, Chief Executive Officer and Louise Adrian, Chief Financial Officer, will host an investor presentation and Q&A session on Friday, 03 November at 10:00 am via the London Stock Exchange ("LSEG") SparkLive platform.

Cedric and Louise will provide an overview of the Company and its operations by discussing the Monte Muambe Rare Earths Project, including the recently published JORC Mineral Resource Estimate and Scoping Study.

The presentation will be open to all existing and potential investors, who can register and pre-submit questions at the following link: https://www.lsegissuerservices.com/spark/ALTONARAREEARTHS/events/458cd3ee-103f-4f2a-9497-1a340143ff3c

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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

Altona is a resource exploration and development company focused on Rare Earths in Africa. The Company is listed on the Main Market of the London Stock Exchange.

Rare Earths are a group of 17 chemical elements, many of which are critical to the World's ongoing transition from carbon-based to renewable energies, and to the defence and communication sectors.

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.

Altona continues to take advantage of its position in Africa to assess other possible Rare Earths opportunities on the Continent.

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October 31, 2023 07:19 ET (11:19 GMT)

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