Neoterra Group PLC
20 August 2026
20 August 2026
NEOTERRA GROUP PLC
("NeoTerra" or the "Company")
Selection of Contractor for USTDA Funded Rare Earths Project
NeoTerra (LSE: TERA) (OTCQB: ANRCF), the African critical minerals exploration and development company, is pleased to announce that it has selected Valentine Enterprises ("Valent") to lead the USTDA-funded Pre-Feasibility Study (the "Study") at its Monte Muambe Rare Earths Project in Mozambique.
Valent brings a rare combination: hands-on USTDA delivery experience, deep African mining expertise, and critical minerals commercialisation know-how.
Valent has partnered with two specialist firms for the Study:
SGS North America Inc ('SGS") - technical support across critical minerals metallurgy, mineral testing, process engineering and project development.
New Dominion Consulting LLC ("New Dominion") - supply chain, sustainability, procurement and operations.
Valent's proposal combines some of the best technical experts in the world with a solid understanding of US value chains - exactly what the Project needs to move to its next stage.
The appointment is subject to final USTDA approval which is expected to be received shortly. The Study is set to begin next month with the kick off meeting and site visit, which will be followed in due course by the execution of a short drilling campaign to recover representative metallurgical samples.
Cedric Simonet, CEO of NeoTerra, commented:
"Valent, SGS and New Dominion all bring a reputation for excellence, and together they're the right team to deliver this Study. I'm looking forward to advancing the Project through drilling and metallurgy, and to securing our future supply chain."
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.
For further information, please visit the Company's website: https://neoterra-group.com
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NeoTerra Group Plc
Cédric Simonet, CEO +44 (0) 7769 555 757 (Cedric.Simonet@neoterra-group.com)Louise Adrian, CFO +44 (0) 7721 492 922 (Louise.Adrian@neoterra-group.com)
Strand Hanson (Financial Adviser) +44 (0) 20 7409 3494
Christopher Raggett
Imogen Ellis
Zeus Capital (Corporate Broker) +44 (0) 20 3829 5000
Simon Johnson
James Hornigold
About NeoTerra Group Plc
NeoTerra Group Plc (LSE:TERA)(OTCQB:ANRF) is a London Main Market-listed exploration and development company focused on unlocking the value of critical raw materials across Africa. The Company is pursuing a diversified strategy, targeting assets with potential for near-term monetisation alongside long-term growth.
The multi-commodity Monte Muambe Project in northwest Mozambique is a highly prospective tenement hosting rare earths, fluorspar, and gallium mineralisation. Published JORC mineral resource estimates include:
· 13.6Mt at 2.42% TREO
· 3.48Mt at 20.6% CaF2
· 11.73Mt at 54.7g/t Ga2O3
The project is held under a 25-year mining licence and has received US Government support in the form of a US$ 1.875 million grant from USTDA to advance the rare earths component through the prefeasibility stage.
NeoTerra's diversified portfolio also includes the Sesana Copper-Silver Project in Botswana, strategically located just 25 km from MMG's Khoemacau Zone 5 copper-silver mine.
With a unique combination of critical raw materials projects, NeoTerra is well positioned to contribute to the global supply of strategically important commodities essential for clean energy, high technology, defence and industrial applications.
The Company and the Board remain actively focused on identifying and evaluating additional projects that align with our investment profile and strategic objectives, leveraging our extensive network and combined industry experience to uncover compelling opportunities that can drive long-term growth.
Competent Person Statement
The Mineral Resource Estimates contained in this RNS have been compiled by Joshua Hattingh (BSc (Hons.), FGSSA, Pr.Sci.Nat. 400039/02), a director of Rock and Stock Investments (Pty) Ltd. Mr Hattingh is a Fellow of the Geological Society of South Africa and a registered Professional Natural Scientist. He has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person in terms of the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr Hattingh consents to the inclusion in this RNS of the Mineral Resource Estimate information in the form and context in which it appears.
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