Australia's Meteoric Resources rises on Brazil rare earths project funding

Meteoric Resources

06/01/2026 23:39

** Shares of Meteoric Resources MEI.AX rise as much as 5.4% to A$0.195, hitting their highest level since Nov. 4

** Stock on track for a third consecutive session of gains

** Rare earths explorer says its Caldeira rare earth project in Brazil received up to $50 million financing from Export Finance Australia

** Stock doubled in value last year

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))