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Meteoric said to be intent on doubling treasury

Brazil-focused rare earths play has endured a tough few months

Michael Quinn
Meteoric wants cash for work on finding and processing this sort of rare earths material. Credit: Meteoric

Meteoric wants cash for work on finding and processing this sort of rare earths material. Credit: Meteoric | Credits: Meteoric Resources

Highly touted Brazil ionic clay rare earth play Meteoric Resources is reportedly in the equities market for A$30 million cash. A report in the AFR said pricing of 11c per new share was the other key...

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