Meteoric Resources NL

Meteoric Resources (ASX: MEI) has received another critical consent milestone from Brazilian authorities for its Caldeira ionic clay rare earth project. As part of its progression towards commencement of operations at Caldeira, Meteoric has obtained environmental licensing approval to undertake operations within a three-kilometre designated buffer zone. Meteoric now has all the necessary municipal consents […]

Meteoric Resources (ASX: MEI) has achieved a critical breakthrough in the development of its Caldeira rare earth project in Brazil, with official government approval to construct and operate a rare earth pilot processing facility within the Poços de Caldas municipality. With an estimated capital cost of A$2 million, the new facility will enable Meteoric to […]

A number of US investment funds have shown their support for Meteoric Resources’ (ASX: MEI) plans to develop a Tier 1 rare earth element (REE) project in Brazil. The American backers, in concert with existing and new international and domestic institutional investors, helped Meteoric’s $42.5 million placement finish oversubscribed as the company moves toward a […]

Meteoric Resources (ASX: MEI) has achieved a significant boost to its plans for the Caldeira rare earths project, which is now in line for a share of approximately $1.4 billion in funding from the Brazilian government. The Brazilian Financial Agency for Studies and Projects (Finep) and the National Bank for Economic and Social Development (BNDES) […]