https://www.miningweekly.com
PROJECT|Resources
PROJECT|Resources
project|resources

Meteoric buys REE licences in Minas Gerais

24th April 2023

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Australia-listed Meteoric Resources has expanded its Caldeira rare earth element (REE) project, in Minas Gerais, with the acquisition of 21 licences contiguous to the project.

The acquisition comprises 21 licences, covering 49 km, increasing the area covered by Meteoric in this area by 40% to 172 km2.                                             

“This is an exciting strategic acquisition by the company, further cementing our dominant position in this remarkable REE province. The licences to be acquired perfectly consolidate our ground holdings in the southern, most prospective region of the project, creating a contiguous block of ground and tying the highly prospective Capao do Mel and Sorberbo licences back to Figueria in a single parcel,” said executive chairperson Andrew Tunks.

Meteoric believes the large contiguous area created by the acquisition will provide the perfect platform to grow a tier-1, world-class rare-earth project within a single area.

The company will acquire the 21 licences from Varginha Mineracao e Loteamentos, Minas Rio Mineradora and Fertimax Fertilizantes Organicos.

Edited by Creamer Media Reporter

Comments

 

Showroom

Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 10 May 2024
Magazine round up | 17 May 2024
17th May 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.258 0.294s - 91pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: