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Meteoric Resources NL
(Sydney:MEI)
Meteoric Resources NL (MEI) vs. iShares MSCI Australia ETF (EWA)
Meteoric Resources NL Business Overview & Revenue Model
Meteoric Resources NL Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 30.30K | 4.65M | 553.60K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -3.25K | 4.65M | 553.60K | -19.73K | -21.84K | -18.35K |
| EBITDA | -40.74M | -36.12M | -44.46M | -37.75M | -3.15M | -10.34M |
| Net Income | -36.47M | -36.47M | -16.37M | -40.81M | -5.56M | -9.04M |
Balance Sheet | ||||||
| Total Assets | 17.01M | 17.01M | 16.47M | 18.09M | 2.12M | 5.18M |
| Cash, Cash Equivalents and Short-Term Investments | 10.97M | 10.97M | 13.87M | 17.29M | 1.55M | 3.97M |
| Total Debt | 322.93K | 322.93K | 549.14K | 1.75M | 0.00 | 0.00 |
| Total Liabilities | 8.58M | 8.58M | 8.16M | 2.21M | 425.66K | 527.73K |
| Stockholders Equity | 8.43M | 8.43M | 8.31M | 15.88M | 1.70M | 4.66M |
Cash Flow | ||||||
| Free Cash Flow | -33.26M | -33.26M | -35.08M | -16.47M | -5.03M | -7.30M |
| Operating Cash Flow | -32.09M | -32.09M | -33.86M | -16.45M | -5.02M | -7.22M |
| Investing Cash Flow | -170.02K | -170.02K | 26.52M | 3.86M | -7.58K | 443.41K |
| Financing Cash Flow | 29.33M | 29.33M | 5.24M | 28.33M | 2.61M | 4.23M |
Meteoric Resources NL Technical Analysis
Meteoric Resources NL Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | AU$206.37M | -10.19 | -3.24% | 1.57% | 14.64% | -213.25% | |
44 Neutral | $295.87M | ― | ― | ― | ― | 32.73% | |
41 Neutral | AU$380.35M | ― | -30.60% | ― | -62.37% | 23.19% | |
40 Underperform | AU$514.98M | -12.19 | -435.52% | ― | ― | 32.49% | |
38 Underperform | AU$481.43M | ― | -4.26% | ― | ― | -12.50% |
Meteoric Resources NL Corporate Events
Meteoric Resources NL announced the cessation of 2,000,000 performance rights due to unmet conditions, impacting the company’s issued capital. This development may influence the company’s operational strategies and stakeholder interests as it reflects on their ability to meet certain performance benchmarks.
Meteoric Resources NL announced the issuance of short-term incentive securities to its directors following shareholder approval. The company will quote 2,581,518 ordinary fully paid securities on the Australian Securities Exchange, reflecting its ongoing efforts to align management incentives with shareholder interests.
Meteoric Resources NL, listed on the Australian Securities Exchange under the ticker MEI, has announced that the suspension of trading in its securities will be lifted. This follows the company’s response to media speculation regarding the approval process for a Preliminary License, indicating a potential resolution to recent uncertainties affecting the company’s operations and market perception.
Meteoric Resources NL announced a delay in the approval of the Preliminary Environmental Licence for its Caldeira Rare Earth Project due to additional time requested by the State Foundation for Environmental to address questions from the Federal Public Prosecutor’s Office. Despite the postponement, Meteoric remains confident that the required information has been submitted and anticipates the licence approval in the next meeting. The company has conducted comprehensive environmental and technical studies and has received support from local and governmental stakeholders, indicating a positive outlook for the project’s progress.
Meteoric Resources NL, listed on the ASX under the ticker MEI, has requested a voluntary suspension of its securities from quotation. This suspension is pending an announcement related to media speculation concerning the Preliminary License approval process. The suspension will remain in effect until the company releases the announcement or trading resumes on December 1, 2025.
Meteoric Resources NL has requested a trading halt on its securities due to an impending announcement related to media speculation about the Preliminary License approval process. The trading halt will remain in effect until the announcement is made or until normal trading resumes on 28 November 2025, ensuring stakeholders are informed of any developments.
Meteoric Resources NL announced that all resolutions presented at their Annual General Meeting were successfully passed by poll vote. The resolutions included the adoption of the remuneration report, re-election of a director, change of company type, and issuance of short-term incentive shares. This outcome reflects strong shareholder support and may positively impact the company’s governance and strategic direction.
Meteoric Resources NL has finalized an agreement to acquire 21 mining licenses from Varginha Mineração Ltda., enhancing its Caldeira Project in Brazil. This strategic acquisition consolidates a significant area of 67km2, providing immediate access to high-grade rare earth elements and supporting future expansion. The revised terms of the agreement preserve the company’s cash position while involving the Varginha Parties in Meteoric’s share price performance, indicating a collaborative approach to project development.
Meteoric Resources NL has announced a proposed issue of 47,000,000 ordinary fully paid securities, with the issue date set for December 12, 2025. This strategic move is likely aimed at raising capital to support the company’s operations and growth initiatives, potentially impacting its market positioning and offering implications for stakeholders in terms of investment opportunities and company valuation.
Meteoric Resources NL has announced updates on its Caldeira Project, a globally strategic and long-life rare earths project with significant growth potential. The company confirms that all material assumptions and technical parameters underpinning the mineral resource estimates continue to apply and have not materially changed, indicating stability in their exploration results and project forecasts.
Meteoric Resources NL has released its September 2025 Quarterly Activities Report, highlighting the completion of a Pre-Feasibility Study (PFS) for its Caldeira Rare Earth Project. The study confirms the project’s potential as a world-class, long-life operation with strong mining, processing, and financial metrics. The company has declared a maiden Ore Reserve, enhancing confidence in the project’s ability to recover high-value magnetic rare earth oxides. The PFS results indicate higher rare earth element production at lower capital intensity, with significant metallurgical testwork supporting the process design. Meteoric has also commenced construction of a pilot plant in Brazil, with commissioning expected in November 2025. The company successfully raised $42.5 million through an equity placement, reflecting strong institutional investor support. Meteoric is well-capitalized, with a cash balance of $44.4 million, and is progressing with permitting timelines to ensure the project’s development remains on track.
Meteoric Resources NL has signed contracts with Companhia Energetica de Minas Gerais SA (CEMIG) for the construction and operation of a 29Km transmission line to supply power to its Caldeira Rare Earth Project in Brazil. This development is significant as it not only ensures a stable power supply for the project but also strengthens the regional distribution network, benefiting the Poços de Caldas region. The transmission line will connect the project to Brazil’s national grid, allowing Meteoric to utilize 100% renewable power, aligning with its sustainability goals and potentially enhancing its industry positioning.
Meteoric Resources NL has announced its Annual General Meeting (AGM) scheduled for November 19, 2025, in Perth, Western Australia. The company will not be sending physical copies of the meeting notice, encouraging shareholders to access documents electronically. Shareholders can vote in person or by proxy, with all resolutions to be decided by poll. The company emphasizes the importance of reading the Notice of Meeting and Explanatory Statement in full and encourages shareholders to vote prior to the meeting or appoint the Chair as their proxy.
Meteoric Resources NL has announced its 2025 Annual General Meeting, scheduled for November 19, 2025, at BDO Australia in Perth. The meeting will provide shareholders with the opportunity to review the company’s performance and future strategies, as well as to vote on key issues affecting the company.
Meteoric Resources NL has announced a change in its financial year end from 30 June to 31 December, effective immediately, to align with its Brazilian operations. This change will result in a six-month transitional financial year from 1 July 2025 to 31 December 2025, followed by a regular twelve-month cycle starting 1 January 2026. This adjustment is expected to streamline the company’s reporting obligations and potentially improve financial alignment with its operational calendar in Brazil.
Meteoric Resources NL has received consent from the Council of Management for the Environmental Protection Area of Pedra Branca to commence operations within the Buffer Zone of the Ecological Sanctuary of Serra da Pedra Branca. This approval is a crucial step in the environmental licensing process for the Caldeira Ionic Clay Rare Earth Project. The company has completed all necessary municipal consents and is progressing with the Minas Gerais Environmental Protection Agency for the final stages of its Preliminary Licence approval. The project remains on schedule, with the construction of a pilot plant nearing completion and production expected in late November. This development is expected to solidify Meteoric’s position in the rare earth elements industry and contribute to alternative supply chains.
Meteoric Resources NL announced a change in the director’s interest, with Dr. Nomi Prins acquiring an additional 68,965 ordinary shares through an on-market trade, bringing her total to 274,482 shares. This acquisition reflects a strategic move within the company’s leadership, potentially indicating confidence in the company’s future prospects and stability, which could influence stakeholder perceptions and market positioning.
Meteoric Resources NL has released its corporate directory and financial statements, highlighting its leadership structure and financial performance. The announcement provides stakeholders with insights into the company’s operational status and financial health, which could influence investor confidence and market positioning.
Meteoric Resources NL has released its Corporate Governance Statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, detailing the extent of compliance and any deviations. This disclosure aims to enhance transparency and accountability, potentially impacting stakeholder trust and the company’s governance reputation.
Meteoric Resources NL has announced that its Annual General Meeting will take place on November 19, 2025, where the re-election and appointment of directors will be a key agenda item. The deadline for director nominations is set for September 30, 2025, which could influence the company’s governance and strategic direction.
Meteoric Resources NL has announced successful results from continuous piloting test work conducted by ANSTO on its Caldeira Rare Earth Ionic Clay Project in Brazil. The tests confirmed excellent recoveries of rare earth elements, with magnet rare earth recoveries consistently at 70% and high-quality MREC produced with 60% total rare earth oxide recoveries. The successful piloting de-risks the project by validating the process flowsheet and confirming efficient waste handling, paving the way for the construction of a Brazilian pilot plant. This progress enhances confidence in the project’s development and supports ongoing discussions with potential offtake partners.
Meteoric Resources NL has announced a change in the director’s interest, with Peter Gundy acquiring 2,500,000 ordinary shares through an on-market acquisition. This change in shareholding reflects a significant increase in Gundy’s stake in the company, which may indicate confidence in the company’s future prospects and could influence stakeholder perceptions positively.
Meteoric Resources NL announced the cessation of 1,000,000 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could have implications for its stakeholders, reflecting challenges in meeting performance conditions.