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Rare Earths for an Electric Future
Meteoric has acquired the Caldeira Rare Earths Project, a Tier 1 Ionic Clay REE project in Brazil.
Meteoric has acquired the Caldeira Rare Earths Project, a Tier 1 Ionic Clay REE project in Brazil.
Caldeira is located in the Brazilian state of Minas Gerais, an international mining heartland with clear approvals pathways and access to low cost renewable energy.
Study work completed on Caldeira to date has shown the project has extremely low operating costs, low capital cost intensity and a multi-decade life. These positive characteristics make Caldiera a financially attractive project.
Sustainability is a key focus of our development plans with a plan to access renewable energy, use dry stacked tailings and backfill mining areas with inert material.
The Caldeira Project has the potential to be the world’s lowest cost and lowest impact rare earth operation outside of China.
Governments have listed Rare Earths as critical minerals including US, EU, UK, Canada and Australia for their strategic and economic importance in the transition to renewable energy.
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