Altona appoints new chair


A map showing the location of the Monte Muambe project
Photo by Altona Rare Earths
Simon Charles will step down as chairperson of London-listed resource exploration and development company Altona Rare Earths, with effect from October 31.
The company has appointed Harvey Sinclair to succeed Charles as nonexecutive chairperson, with effect from November 1.
Sinclair is currently the CEO of digital energy services company eEnergy. He has held nonexecutive roles across a variety of sectors, including the Scottish Enterprise-backed lighting technology business, Design LED. He is also a director and trustee of Wild Tomorrow, a nongovernmental organisation involved in the creation of a wildlife corridor in KwaZulu-Natal, South Africa.
"On behalf of the board and the executive team, I want to extend our deepest thanks to Simon for his dedicated service to Altona, during which the company established itself as a critical raw materials company on the Main Market of the LSE and started to implement its diversification strategy. We wish Simon the very best in his future endeavours,
"I welcome Harvey to the board and look forward to working closely with him as the company undergoes further transformations taking us closer to being a responsible fluorspar producer and to realising the value of our rare earths assets," comments Altona CEO Cédric Simonet.
"I'm pleased to join Altona as it continues its evolution into a sustainable resourcing company playing a pivotal role in the global energy transition. The business is well positioned to deliver long-term value through responsible development of its critical minerals portfolio, and I look forward to working with the board to help realise that potential," Sinclair says.
Altona is developing the Monte Muambe rare earths project, in Mozambique, where it is also assessing the potential to produce fluorspar and gallium. The company also owns the Sesana copper/silver project, in Botwana.
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