Lynas Rare Earths to buy Meteoric Resources for $672 million
Lynas Rare Earths will acquire Meteoric Resources in an all-share deal valuing the Perth-based miner at A$968 million ($672 million).
Australia's Lynas Rare Earths ASX:LYC said on Thursday it will acquire Meteoric Resources ASX:MEI in an all-share transaction that values the Perth-based miner at A$968 million ($672 million). 0207 new Lynas shares for each Meteoric share.