Get startedLog in
    Picture of Lynas Rare Earths logo

    LYC — Lynas Rare Earths News Story

    0.000.00%
    au flag iconLast trade - 00:00
    Basic MaterialsAdventurousLarge CapFalling Star
    All News

    Brief: Lynas Rare Earths To Acquire Meteoric Resources In Deal Valued At A$968 million

    Picture of Lynas Rare Earths logoLynas Rare Earths
    01/10/2026 24:49
    BRIEF-Lynas Rare Earths To Acquire Meteoric Resources In Deal Valued At A$968 million
    Oct 1 (Reuters) - Lynas Rare Earths Limited LYC.AX:
    • LYNAS RARE EARTHS TO ACQUIRE METEORIC RESOURCES,MEI
    • EXCHANGE RATIO 0.0207 LYNAS SHARES PER METEORIC SHARE, DEAL VALUED AT A$968 MILLION
    • OFFER PRICE A$0.286 PER METEORIC SHARE, 68.4% PREMIUM TO LAST CLOSE
    • METEORIC BOARD UNANIMOUSLY RECOMMENDS SCHEME, SUBJECT TO NO SUPERIOR PROPOSAL
    • INTENDS TO WORK WITH METEORIC’S EXISTING TEAM TO ADVANCE DEVELOPMENT OF CALDEIRA
    Further company coverage: LYC.AX

     ((Reuters.Briefs@thomsonreuters.com;))

    Recent news on Lynas Rare Earths

    See all news