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Business & Finance

Gina Rinehart Backed Lynas to Buy Rare Earths Miner Meteoric

Bloomberg Markets Wednesday 30 September 2026, 23:40 UTC By Paul-Alain Hunt 1 min read
Key Points

Australia’s Lynas Rare Earths Ltd. will acquire Meteoric Resources Ltd. in an all-share deal worth about A$968 million ($672 million), giving it access to a new deposit of the critical minerals in Brazil.

Australia’s Lynas Rare Earths Ltd. will acquire Meteoric Resources Ltd. in an all-share deal worth about A$968 million ($672 million), giving it access to a new deposit of the critical minerals in Brazil.
Gina Rinehart (PERSON) Lynas (PERSON) Australia (LOCATION) Lynas Rare Earths Ltd. (ORG) Meteoric Resources Ltd. (ORG) Brazil (LOCATION)
Originally published by Bloomberg Markets Read original →

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