Critical Minerals Development

MONTE MUAMBE MINING

About Monte Muambe Mining

Monte Muambe Mining Limitada (“MMM”) is a Mozambican mining comp​any dedicated to the responsible development of the Monte Muambe Fluorspar and Rare Earths project into a responsible mining operation.

The project is held under mineral concession no 11854C and located in Moatize District, Tete Province.

MMM is co-owned and funded by NeoTerra Group PLC (formerly named Altona Rare Earths PLC), a British company listed on the London Stock Exchange.

$1.875

Million

In February 2026, MMM received a $1.875 million grant from the United States Trade and Development Agency (“USTDA”), aimed at supporting the development of the rare earths mine, assessing potential value additions pathways in Mozambique, and exploring potential commercial integration with the United States rare earths value chain.

Luis Veloso Francisco Bo
General Manager

"Our objective is to develop a modern mining and mineral processing operation that creates employment, supports local businesses, transfers knowledge and skills, and contributes to the long-term sustainable development of our Country."

Our Vision

MMM’s vision is to unlock the full potential of Monte Muambe through mining and processing its mineral resources, contributing to sustainable development of the host communities, Mozambique, and the Southern Africa region, while supplying responsibly produced mineral products globally.

Our Mission

01

To responsibly develop the Monte Muambe mineral resources using international best practices and innovative technologies.

02

To operate in a safe manner, while protecting the environment and respecting local communities.

03

To create employment and business opportunities and develop Mozambican skills and expertise.

04

To support local procurement and contribute to regional economic development.

05

To support local procurement and contribute to regional economic development.

06

To deliver sustainable value to all stakeholders.

Our Values

SAFETY FIRST

Nothing is more important than the health and safety of our people.

INTEGRITY

We act honestly, ethically and transparently.

RESPECT

We respect our employees, communities, culture and environment.

EXCELLENCE

We strive for the highest technical and operational standards.

PARTNERSHIP

We work collaboratively with communities, government, suppliers and other stakeholders.

SUSTAINABILITY

We seek to create long-term social, environmental and economic value.