Business

Membership to CMM

Membership to CMM.

articleAltona Rare Earths PlcJuly 17, 20235/company/altona-rare-earths-plc/news/membership-to-cmm
Membership to CMM

About this update from Altona Rare Earths Plc

[{"type":"text","content":"\n\n17 July 2023\n \n \nALTONA RARE EARTHS PLC\n(\"Altona\" or \"the Company\")\n \n \nMembership to Chamber of Mines Mozambique\n \nAltona (LSE: REE), a resource exploration and development company focused on Rare Earths in Africa, announces that its Mozambique subsidiary, Monte Muambe Mining Limitada (\"MMM\") has been accepted as a member of the Chamber of Mines of Mozambique (\"CMM\").\n \nCMM was founded in 2012 by a number of large international mining companies with the following aims:\n \n·    Coordinate private sector mining companies in Mozambique,\n·    Represent the interests of private sector mining companies to the government, and\n·    Improve the image of mining in Mozambique.\n \nCMM is regularly involved in consultations with the Government and other stakeholders pertaining to regulatory improvements and other matters affecting the Mining Industry.\n \nAmong other advocacy matters, CMM is currently proactively lobbying for the enabling of a business environment favourable to minerals value addition and transformation in Mozambique, for the benefit of both the investors and the country.\n \n \nCedric Simonet, CEO of Altona, commented, \"I am delighted that our subsidiary Monte Muambe Mining Limitada has joined the Chamber of Mines. Mozambique is a mature mining country, where the Mining Industry has a bright future ahead, provided it remains united and proactively engages with all stakeholders. As a key player in Mozambique, it was only natural for Altona, through its local subsidiary, to join this prestigious business advocacy organisation.\"\n \n \n \nFor more information on Altona and its current mining projects please visit: www.altonaRE.com\n \n \nAltona Rare Earths Plc\nCedric Simonet, CEO                                                                               +44 (0) 7778 866 108\nChristia...

More updates from Altona Rare Earths Plc