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Meteoric Resources NL ( (AU:MEI) ) has shared an update.
Meteoric Resources NL has announced updates regarding its Caldeira project, which is identified as the world’s highest-grade ionic adsorption clay rare earth element deposit. The company reiterates that there have been no material changes to previous mineral resource estimates and exploration results, ensuring that the technical parameters and assumptions remain unchanged. This announcement underlines the company’s steady progress in the development of its mineral assets, which could significantly strengthen its position in the rare earth elements market.
More about Meteoric Resources NL
Meteoric Resources NL is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Their primary products include rare earth elements, specifically targeting high-grade ionic adsorption clay deposits like the Caldeira deposit.
YTD Price Performance: -2.50%
Average Trading Volume: 4,071,088
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$181.9M
For detailed information about MEI stock, go to TipRanks’ Stock Analysis page.
