Australia's Meteoric Resources jumps on rare-earths find in Brazil project

Meteoric Resources NL

07/12/2023 01:16

** Shares of Meteoric Resources  MEI.AX  rise as much as
9.8% to A$0.225, set for best day since Oct 31, if gains hold
    ** The mineral explorer announces significant ionic clay
recoveries for Caldeira rare-earths elements project in Brazil
    ** The recoveries across all six deposits tested display
consistent strong ionic behaviour over thick intervals - co
    ** Stock at highest level since Nov 22
    ** About 4.8 mln shares change hands, compared with the
30-day average volume of 4.4 
    ** Stock up 286.8% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))