Lynas Rare Earths agrees to acquire Meteoric Resources via scheme of arrangement
Lynas Rare Earths plans to acquire 100% of Meteoric Resources through a court-approved scheme of arrangement; the parties announced a binding scheme implementation deed on Oct. 1.
1. Proposed acquisition
Lynas Rare Earths plans to acquire all of Meteoric Resources through a court-approved scheme of arrangement. The companies said the deal would combine Meteoric’s Caldeira rare earth project and Brazilian expertise with Lynas’ existing operations.
