Altona Rare Earths Regulatory News (REE)

30 November 2023

ALTONA RARE EARTHS PLC

("Altona" or "the Company")

Total Voting Rights

In accordance with the FCA's Disclosure Guidance and Transparency Rules, as at 30 November 2023, the Company's issued share capital consists of 84,445,734 Ordinary Shares of 1 pence, each with one voting right. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 84,445,734.

The above figure of 84,445,734 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

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About Altona Rare Earths Plc

Altona is a resource exploration and development company focused on Rare Earths in Africa. The Company is listed on the Main Market of the London Stock Exchange.

Rare Earths are a group of 17 chemical elements, many of which are critical to the World's on-going transition from carbon-based to renewable energies, and to the defence and communication sectors.

The Company currently focuses on the development of Monte Muambe, its flagship Magnet Rare Earths Project, located in Northwest Mozambique. The Project was acquired in June 2021, and the Company has so far drilled over 7,800m, and defined a maiden JORC Mineral Resource Estimate of 13.6 million tons at 2.42% TREO.

A Competent Person Report including the Scoping Study for Monte Muambe was published on 18 October 2023 and can be read here: https://www.altonare.com/investors/reports/

Altona continues to take advantage of its position in Africa to assess other possible Rare Earths opportunities on the Continent.