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Meteoric Resources Limited (ASX:MEI) | Caldeira Rare Earth Project Ore Reserve Grows 42% to 146Mt
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Trading Titan di Market Open
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In this episode of MarketOpen's Trading Titan podcast, we examine the latest announcement from Meteoric Resources Limited (ASX ticker: MEI) covering the updated Ore Reserve for its 100%-owned Caldeira Rare Earth Project in Brazil ahead of the Definitive Feasibility Study (DFS).
The announcement reports a 42% increase in the Probable Ore Reserve to 145.9 million tonnes, grading 3,546 parts per million Total Rare Earth Oxides (TREO) and 863 parts per million Magnetic Rare Earth Oxides (MREO). The updated Ore Reserve contains 517,000 tonnes of Total Rare Earth Oxides and 126,000 tonnes of Magnetic Rare Earth Oxides. Compared with the maiden Ore Reserve released in July 2025, Ore Reserve tonnage increased 42%, contained Total Rare Earth Oxides increased 24%, and the average TREO grade decreased 13%, which the company states reflects infill drilling tha ...
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