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Meteoric Advances Caldeira with Pilot Plant Output and $50M Export Finance Support
8:10pm on Friday 15th of May, 2026 AEST
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Mining
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Meteoric Advances Caldeira with Pilot Plant Output and $50M Export Finance Support
8:10pm on Friday 15th of May, 2026 AEST
Key Points
Pilot plant exceeds 2kg/day MREC production with 70% magnet rare earth recovery
Installation Licence application submitted, progressing regulatory approvals
Definitive Feasibility Study 82% complete with engineering and mining models advanced
US$50 million conditional financing support from Export Finance Australia
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