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Rare Earths for an Electric Future
Meteoric has acquired the Caldeira Rare Earths Project, a Tier 1 Ionic Clay REE project in Brazil.
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ASX: MEI
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At Caldeira, Meteoric has released its Maiden JORC Mineral Resource Estimate (MRE) for Caldeira which stands at 409Mt @ 2,626 ppm TREO at a 1000ppm cut off.
Meteoric will commence a 100,000m air core and diamond drilling program in mid 2023, with Scoping/Prefeasibility studies to commence in Q4 2023.
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ASX: MEI
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REE Market
Rare Earth Elements are used in many modern technologies
Governments have listed Rare Earths as critical minerals including Australia, US, EU, Canada and the UK for their strategic and economic importance in the transition to renewable energy.
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