Lynas Rare Earths to buy Meteoric Resources in $672M deal

source: news (news:seeking-alpha)published 2026-10-01 02:10ingested 2026-10-01 03:03

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Lynas Rare Earths to buy Meteoric Resources in $672M deal

Sep 30, 2026, 10:10 PM ETLynas Rare Earths Limited (LYSCF) Stock, LYSDY Stock, METOF StockBy : Carl Surran, SA News Editor

Lynas Rare Earths (LYSCF) (LYSDY) said on Thursday it agreed to acquire Australian peer Meteoric Resources (METOF) in an all-stock deal valued at A$968M (US$672M).

Under the deal terms, Meteoric (METOF) shareholders will get 0.0207 Lynas (LYSCF

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