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The latest update is out from Meteoric Resources NL ( (AU:MEI) ).
Meteoric Resources NL announced that the Preliminary Environmental Licence for its Caldeira Rare Earth Project is set for approval at the upcoming COPAM meeting on 19 December 2025. The company has submitted comprehensive environmental and technical studies, which address concerns raised by the Federal Public Prosecutor’s Office and have been supported by independent consultants and the Environmental Foundation of Minas Gerais State. The approval of this licence is crucial for Meteoric as it will allow the company to proceed with the Construction License application, maintaining the project’s timeline and potentially strengthening its market position in the rare earth sector.
The most recent analyst rating on (AU:MEI) stock is a Sell with a A$0.13 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.
More about Meteoric Resources NL
Meteoric Resources NL operates in the mining industry, focusing on the exploration and development of rare earth projects. The company is primarily engaged in the Caldeira Rare Earth Project located in Caldas, Minas Gerais, Brazil, aiming to enhance its position in the rare earth market.
Average Trading Volume: 11,299,973
Technical Sentiment Signal: Buy
Current Market Cap: A$396.1M
For an in-depth examination of MEI stock, go to TipRanks’ Overview page.