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Meteoric Resources Limited (ASX:MEI)

ALERT: Price-sensitive ASX Announcement for MEI
Current share price for MEI : $0.180 0.04 (28.57%)+
Announcement
Release
3 Oct 2025 9:42AM
Price at Release
$0.140
Full Release
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Summary
Meteoric Resources NL announced that it has received consent to undertake operations within the three-kilometre Buffer Zone around the Environmental Protection Area of Pedra Branca. This consent is part of the process for obtaining environmental licensing for the Caldeira Ionic Clay Rare Earth Project. The company has conducted extensive research and consultations with stakeholders to secure this authorization, which includes an Environmental Impact Statement and engagement with local councils and Indigenous communities. The project timeline remains on schedule, with the construction of a Pilot Plant nearing completion and production expected by late November. The company expressed gratitude for the support received from various stakeholders and emphasized the importance of following due processes for environmental consents.
Key Points
  • Consent received for operations within Buffer Zone.
  • Part of environmental licensing for Caldeira Project.
  • Research and consultation with local stakeholders conducted.
  • Environmental Impact Statement prepared.
  • Project timeline on schedule.
  • Pilot Plant construction nearing completion.
  • Production expected by late November.
  • Acknowledgment of support from stakeholders.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.