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    MEI — Meteoric Resources News Story

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    Australia's Meteoric rises on rare-earths supply deal with Korea's POSCO International

    Picture of Meteoric Resources logoMeteoric Resources
    29/07/2026 02:26
    BUZZ-Australia's Meteoric rises on rare-earths supply deal with Korea's POSCO International
    ** Shares of Australia's Meteoric Resources MEI.AX rise as much as 8.6% to A$0.190, their biggest intraday pct gain since July 23
    ** MEI inks deal with South Korea's POSCO International 047050.KS to support development and financing for its Caldeira rare-earths project in Brazil
    ** Company says deal also opens the door for POSCO to explore a potential equity investment 
    ** Stock up over 10% this year, including the day's move

     (Reporting by Rajasik Mukherjee in Bengaluru)
     ((Rajasik.Mukherjee@thomsonreuters.com))

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