Gina Rinehart Backed Lynas to Buy Rare Earths Miner Meteoric
Australia’s Lynas Rare Earths Ltd. will acquire Meteoric Resources Ltd. in an all-share deal valued at approximately $672 million. The acquisition provides Lynas with access to a critical mineral deposit in Brazil.
Australia’s Lynas Rare Earths Ltd. will acquire Meteoric Resources Ltd. in an all-share deal worth about A$968 million ($672 million), giving it access to a new deposit of the critical minerals in Brazil.
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