Preliminary Environmental Licence Included on COPAM Agenda

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Stock Meteoric Resources NL (MEI.ASX)
Release Time 8 Dec 2025, 9:02 a.m.
Price Sensitive Yes
 Meteoric Secures Preliminary Environmental Licence
Key Points
  • Caldeira Rare Earth Project's Preliminary Environmental Licence included on COPAM agenda for approval
  • Meteoric confident technical studies support LP approval
  • ANSN confirms Caldeira Project exempt from regulatory control
Full Summary

Meteoric Resources NL (ASX: MEI) has provided an update on the environmental permitting process for its Caldeira Rare Earth Project in Caldas, Minas Gerais, Brazil. The company's Preliminary Environmental Licence (LP) for the Caldeira Project has been included on the agenda of the State Council for Environmental Policy (COPAM) for approval at its meeting on 19 December 2025. Meteoric remains confident that the information and technical studies previously submitted as part of its Environmental Impact Assessment (EIA) and LP application will support the approval of the LP. The key reports and documents that support Meteoric's position include the comprehensive 3,000-page EIA, responses to questions from the Caldas community, and various technical studies. Since its previous market update on 1 December 2025, Meteoric has continued to collaborate with the Environmental Foundation of the Minas Gerais State (FEAM) and engaged with the National Nuclear Safety Authority (ANSN). The ANSN has provided two official letters confirming that the Caldeira Project will not interfere with the properties, environmental monitoring program, or decommissioning work of the Caldas Decommissioning Unit, and that the project's mining and industrial facility is preliminarily classified as exempt from regulatory control by the ANSN. Approval and award of the LP at the COPAM meeting on 19 December 2025 will allow Meteoric to submit its Construction License (LI) application with minimal impact on the overall project timeline.