Altona Rare Earths plc reported higher losses in 2020 reflecting an increase in the companies’ move towards its new focus on rare earths elements (REEs). For the six months ended 31 December 2020, the company recorded losses of £119,000 (H1 2019: £78,000). The group had total liabilities of £536,000 at 31 December 2020 (H1 2019: […]
Tag: Nankoma rare earths project – Uganda
Altona nears 70% interest in Nankoma
Altona Rare Earths plc announced it had signed an option deed to acquire a 70% legal and beneficial interest in Leadway Group Ltd, owner of the Nankoma rare earths project in Uganda. The project is in exploration licence EL00115, covering an area of 67.5 km2 and is located some 50km east of Jinja, which lies 130km […]