Australia's Meteoric Resources hits 1-1/2-yr high on REE find in Brazil

Meteoric Resources NL

20/12/2022 24:33

** Shares of Meteoric Resources NL  MEI.AX  rise as much as
20% to A$0.054, hitting their highest since July 12, 2021 
    ** The diversified minerals explorer says metallurgical
tests confirm clay Rare Earth Element deposit at Caldeira
project in Brazil
    ** Co says it has engaged with experts at Australian Nuclear
Science and Technology Organisation to carry out future
metallurgical testwork programmes
    ** About 42.2 mln shares change hands compared with the
30-day moving volume of 10.0 mln shares
    ** MEI stock up 150% this year, as of last close
 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))