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Meteoric Resources Limited (ASX:MEI)

ALERT: Price-sensitive ASX Announcement for MEI
Current share price for MEI : $0.175 0.025 (16.67%)+
Announcement
Release
8 Dec 2025 9:02AM
Price at Release
$0.150
Full Release
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Summary
Meteoric Resources NL announced that the Preliminary Environmental Licence (LP) for its Caldeira Rare Earth Project in Caldas, Minas Gerais, Brazil, has been included on the agenda for the State Council for Environmental Policy (COPAM) meeting on 19 December 2025. The company is optimistic about obtaining approval as the submitted Environmental Impact Assessment (EIA) and other technical studies address all concerns from the Federal Public Prosecutor’s Office. These efforts include a comprehensive EIA conducted by independent consultants to assess all environmental and social impacts. Meteoric has also received confirmation from the National Nuclear Safety Authority that the project does not interfere with existing safety or monitoring programs and is preliminarily exempt from regulatory control. Approval of the LP will enable Meteoric to apply for a Construction License, maintaining the project's timeline.
Key Points
  • Preliminary Environmental Licence (LP) for Caldeira Project on COPAM meeting agenda.
  • Environmental Impact Assessment (EIA) supports the licence approval.
  • Responses to Federal Public Prosecutor’s Office concerns included.
  • National Nuclear Safety Authority confirms no interference with safety programs.
  • Approval will allow application for Construction License, keeping project on schedule.
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.