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Lynas Opens a Brazilian Rare Earths Chapter with Meteoric Deal

8:39am on Thursday 1st of October, 2026 AEST • Mining
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Lynas Opens a Brazilian Rare Earths Chapter with Meteoric Deal

8:39am on Thursday 1st of October, 2026 AEST
Key Points
  • A$968 million all-share acquisition at a fixed 0.0207 Lynas shares per Meteoric share
  • Offer implies premiums of up to 68.4% to Meteoric’s recent trading prices
  • Caldeira could add 3,862 tonnes of annual NdPr and 127 tonnes of DyTb production under its DFS target
  • Lynas’ reported Measured and Indicated resources would rise by about 79% on a pro forma basis
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