To mine eyes this looks like a long-term play by both companies. The timing looks great with MEI projected to start production in the second half of 2027.
"Neo Magnequench plans to begin phase 1 production in 2025, with a production target of nearly 2,000 tonnes per annum of rare earth magnet block. In the second phase, the company plans to produce 5,000tpa."
Source; Neo breaks ground on rare earth magnet facility in Estonia
News: MEI Neo Performance Materials And Meteoric Resources Sign MoU For Offtake Of Caldeira Project..., page-12
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MEI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $328.3M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.3¢ | $527.9K | 3.173M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 1641745 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 53358 | 9 |
View Market Depth
| Last trade - 14.02pm 19/06/2024 (20 minute delay) ? |
| MEI (ASX) Chart |