Lynas Rare Earths to acquire Meteoric Resources for AUD 968 million

Lynas Rare Earths agreed to acquire Meteoric Resources in an all-scrip transaction valued at approximately AUD 968 million, gaining control of the Caldeira ionic clay deposit in Brazil. The project has a feasibility study outlining a 23-year mine life with average annual output of 12,500 tonnes of rare earth oxides.

“Lynas agrees to acquire Meteoric Resources for about AUD 968 million, gaining Brazil's Caldeira ionic clay deposit in a bid to counter China's heavy rare earths dominance.”ad-hoc-news.de

• 1 source
• ad-hoc-news.deLynas Buys Its Way Into Brazil's Clay Belt as BNDES Circles the RefineryRafael MüllerOct 3, 2026

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