Brazilian explorer Meteoric Resources (ASX:MEI) has increased the resource estimate at its Caldeira ionic clay rare earths project to more than 1 billion tonnes.

This increase marks a 50% upgrade, graded at 2,413ppm TREO.

Managing director Stuart Gale says the increased resource demonstrates the Tier 1 status of the project.

Tune in to get the full picture.

 

This video was developed in collaboration with Meteoric Resources, a Stockhead advertiser at the time of publishing.

This video does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.