{"id":47675,"date":"2023-09-30T19:54:07","date_gmt":"2023-09-30T19:54:07","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/altona-rare-earths-resource-estimate-in-line-with-expectations"},"modified":"2023-09-30T21:10:21","modified_gmt":"2023-09-30T21:10:21","slug":"altona-rare-earths-resource-estimate-in-line-with-expectations","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/altona-rare-earths-resource-estimate-in-line-with-expectations","title":{"rendered":"Altona Rare Earths resource estimate \u2018in line with expectations\u2019"},"content":{"rendered":"

By Christian Moess Laursen<\/b><\/p>\n

Africa-Press – Mozambique. <\/strong><\/span>Altona Rare Earths said rare-earth oxides at its Monte Muambe project in Mozambique are estimated to be in line with company expectations.<\/p>\n

The Africa-focused miner said Monday that the project is expected to have 13.6 million metric tons rare-earths elements, according to the JORC compliant estimate.<\/p>\n

JORC is the standard used for measuring the in-ground size of a mineral deposit that a company may have discovered.<\/p>\n

The company said the estimate also includes 42,500 tons of magnet metals neodymium and praseodymium oxides.<\/p>\n

\u201cThis is the first ever official measure of the size and grade of the project and we are delighted with the results, which confirm the presence of a potentially open-pit mineable rare earths element resource,\u201d Chief Executive Cedric Simonet said.<\/p>\n

Altona Rare Earths is finalizing its updated competent person report, which is expected to publish next month, it said. The completion of the report will increase the company\u2019s holdings in Monte Muambe to 51% from 20%.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

By Christian Moess Laursen Africa-Press – Mozambique. Altona Rare Earths said rare-earth oxides at its Monte Muambe project in Mozambique are estimated to be in line with company expectations. The Africa-focused miner said Monday that the project is expected to have 13.6 million metric tons rare-earths elements, according to the JORC compliant estimate. JORC is […]<\/p>\n","protected":false},"author":84,"featured_media":47674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-47675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nAltona Rare Earths resource estimate \u2018in line with expectations\u2019 - Mozambique<\/title>\n<meta name=\"description\" content=\"Altona Rare Earths said rare-earth oxides at its Monte Muambe project in Mozambique are estimated to be in line with com ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/altona-rare-earths-resource-estimate-in-line-with-expectations\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Altona Rare Earths resource estimate \u2018in line with expectations\u2019\" \/>\n<meta property=\"og:description\" content=\"Altona Rare Earths said rare-earth oxides at its Monte Muambe project in Mozambique are estimated to be in line with com ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/altona-rare-earths-resource-estimate-in-line-with-expectations\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-30T19:54:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-30T21:10:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/09\/sm_1696095324.640038.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"725\" \/>\n\t<meta property=\"og:image:height\" content=\"479\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/altona-rare-earths-resource-estimate-in-line-with-expectations#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/altona-rare-earths-resource-estimate-in-line-with-expectations\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Altona Rare Earths resource estimate \u2018in line with expectations\u2019\",\"datePublished\":\"2023-09-30T19:54:07+00:00\",\"dateModified\":\"2023-09-30T21:10:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/altona-rare-earths-resource-estimate-in-line-with-expectations\"},\"wordCount\":180,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/altona-rare-earths-resource-estimate-in-line-with-expectations#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/09\/sm_1696095324.640038.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/altona-rare-earths-resource-estimate-in-line-with-expectations#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/altona-rare-earths-resource-estimate-in-line-with-expectations\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/altona-rare-earths-resource-estimate-in-line-with-expectations\",\"name\":\"Altona Rare Earths resource estimate \u2018in line with expectations\u2019 - 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