Altona signs MoU to acquire rare earth mining project in Chambe Basin, Malawi

LONDON: Altona Energy has entered into a Memorandum of Understanding (MoU) with mining consultancy company, Akatswiri Mineral Resources, to acquire a majority stake in a rare earth mining project in the Chambe Basin, Mulanje in Southern Malawi. Akatswiri is currently the 100% owner of Akatswiri Rare Earths Pvt Ltd, a Malawi registered company, which has…