Meteoric Resources NL
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Meteoric Resources NL (MEI) investor relations material

Meteoric Resources NL H1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2026 earnings summary25 Mar, 2026

Executive summary

  • Transitioned financial year-end to 31 December, reporting a six-month period to align with Brazilian operations.

  • Advanced Caldeira Rare Earth Ionic Clay Project in Brazil, achieving key milestones: PFS completion, pilot plant commissioning, and preliminary environmental license approval.

  • Raised $42.5 million in equity, strengthening the balance sheet for project development and feasibility studies.

Financial highlights

  • Net loss for the half year ended 31 December 2025: $13.9 million (vs. $36.5 million loss for full year ended 30 June 2025).

  • Net assets at 31 December 2025: $53.9 million (vs. $20.5 million at 30 June 2025).

  • Cash assets at 31 December 2025: $32.4 million (vs. $11.0 million at 30 June 2025).

  • Share-based payments reversal of $2.2 million due to non-vesting performance rights.

Outlook and guidance

  • Focus for 2026: secure Installation Licence, complete Definitive Feasibility Study (DFS), finalize offtake agreements, and advance project financing.

  • Final Investment Decision (FID) targeted for 2026, with project positioned as a globally significant rare earths source.

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Q3 2026 TU24 Jun, 2026
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