Australia's Lynas looks to Brazil with Meteoric Resources takeover bid

rss · Nikkei 2026-10-01T05:26:02Z en
CommoditiesRare earth miner and refiner expands efforts to make itself alternative to ChinaA truck carrying rare earths travels towards Lynas' Mount Weld processing plant, northeast of Perth, in Western Australia, on Aug. 23, 2019. © ReutersSHAUN TURTONOctober 1, 2026 14:15 JSTCANBERRA -- Australian miner Lynas on Thursday announced plans to acquire Meteoric Resources, an Australian-listed developer of a rare earth deposit in Brazil, in an all-share deal valued at around $672 million.

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