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Rift Valley reports maiden resource in Angola

ASX-listed Rift Valley Resources ahs reported a maiden Joint Ore Reserves Committee Compliant mineral resource of 44.7-million tonnes, grading 2.5% total rare earth oxides at its Longonjo Magnet metals project, in Angola.

Some 11.6-million tonnes of the resource was classified as oxide material, with the remaining 33.2-million tonnes classified as fresh material.