Altona Rare Earths, 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”).
CMM is regularly involved in consultations with the Government and other stakeholders pertaining to regulatory improvements and other matters affecting the Mining Industry.
Among 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.
Cedric 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.”
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