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Edge16 Oct 2026
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Meteoric Resources NL
Meteoric Resources NL (MEI) investor relations material
Meteoric Resources NL Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Trading update summary28 Oct, 2026
Caldeira development and funding
FEED with Ausenco continues after the DFS; execution ramp-up plans forecast $18 million expenditure to 31 March 2027, focused initially on design and procurement for contractor mobilisation.
EPCM contract award is the next development stage; early site works are under review, subject to approvals and wet-season access.
Lynas’s interim funding facility provides up to A$110 million for project development, transaction costs and working capital; the initial A$35 million tranche has been received, with FEED expenditure covered under agreed budget terms.
Installation licence
FEAM has issued additional information requests across project matters; responses, including potential field studies, are expected by the end of Q4 2026.
LI award is now expected in early 2027, after FEAM reviews responses; revised timing coincides with the end of the October–March wet season and affects early earthworks and clearing, but is not expected to substantially alter the overall construction timeline.
The revised LI timing is not expected to materially affect the broader development pathway or anticipated Scheme timetable.
Scheme timetable
Scheme remains on track, with the Scheme Booklet targeted for dispatch in December 2026 and the Scheme Meeting expected in January 2027.
Implementation is expected by March 2027, subject to shareholder and Court approval and relevant Brazilian regulatory approval; dates are indicative and may change.
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Latest events from Meteoric Resources NL
- Caldeira’s DFS-backed project advances as Lynas proposes an acquisition and A$110m facility.MEI
Q1 2027 TU - Net loss increased to $27.1M as Caldeira Project advanced, with funding and approvals in focus.MEIH1 2026
- DFS advances, pilot plant outperforms, and cash reserves strengthen project outlook.MEIQ4 2026 TU
- Brazil's Caldeira project is set to become a major low-cost rare earth supplier for Western markets.MEIInvestor presentation
- Strong rare earth recoveries, robust cash position, and key regulatory progress drive project momentum.MEIQ3 2026 TU
- Caldeira REE Project advances with resource growth, strong economics, and major funding secured.MEIH2 2024
- Caldeira Project advanced to PFS with $73.4M raised, strong support, and pilot plant approved.MEIH2 2025
- Advanced Caldeira Project, raised $42.5M, and reported a $13.9M half-year loss.MEIH2 2025
- Brazilian rare earth project advances with pilot plant, licensing, and global supply chain deals.MEIRIU Explorers Conference 2026
Meteoric Resources NL
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Frequently asked questions
Meteoric Resources NL is an Australian mineral exploration company focused on discovering and developing gold and rare earth element (REE) resources. The company holds projects in both Australia and Brazil, with primary interests in gold exploration in Brazil’s Alta Floresta region and REE exploration in Western Australia. The company is headquartered in West Perth, Western Australia, and its shares are listed on the ASX.