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IN BRIEF: Altona Rare Earths changes name to NeoTerra Group

ALN

Altona Rare Earths PLC - Africa-focused resource exploration and development - Changes name to NeoTerra Group PLC, ‘marking a fundamental shift in the company’s identity and ambition’. ‘The change of name follows the company’s evolution from a rare earth-focused exploration company into a broader critical minerals development platform with multiple commodity exposures, near-term production opportunities and a growing pipeline of strategic growth initiatives,’ the firm adds.

Current stock price: 2.72 pence

12-month change: up 30%

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