Lynas shares sink on A$968M Meteoric deal

Lynas Rare Earths (ASX: LYC; US-OTC: LYSDY, LYSCF) has agreed to buy Meteoric Resources (ASX: MEI; US-OTC: METOF) in an all-share deal valued at A$968 million (C$954.3 million), gaining control of the Caldeira rare earths project in Brazil. At Thursday’s...

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