Meteoric Res. (MEI) is held by 2 ASX ETFs. Over the last year it fell 2.2%: on $10,000, −$217. We explain 25 big moves in that time.
About MEI
- SectorMaterials
- IndustryMaterials
- Size$669.4m
- Held by2 ETFs
- Big moves25 in 1Y
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- +47.1%peak +55.9%1 Oct 2026· Takeover / M&A
Lynas Rare Earths announced a $968 million takeover bid for Meteoric Resources (MEI.AX), driving a ~56% surge in MEI's share price.
- −9.5%peak −11.9%2 Sep 2026· Sector Flow
MEI fell in line with a broad materials sector sell-off, with the ASX Materials index dropping over 2.6% on the same day
- +7.0%peak +7.9%25 Aug 2026· Sector Flow
MEI.AX rose sharply alongside a broad materials sector rally, with no company-specific announcement to explain the move.
- +5.0%peak +7.5%21 Aug 2026· Sector Flow
The broader ASX Materials sector surged strongly, lifting MEI along with other sector peers on the same day.
- +13.2%peak +18.4%4 Aug 2026· Operational
Meteoric Resources shares surged after the company reported a major 246% increase in its Caldeira rare earths measured resource in Brazil, with continued momentum from a POSCO partnership announcement and growing investor interest in the project.
- +8.6%29 Jul 2026· Contract
Meteoric Resources surged after announcing a strategic partnership with South Korean steelmaking giant POSCO to advance its rare earth element supply chain, validating the commercial potential of its Caldeira project.
- −11.4%18 Jun 2026· Operational
Meteoric Resources' stock dropped despite announcing federal approvals and licensing progress for its Caldeira rare earth project, likely due to news being viewed as underwhelming or priced in.
- +10.3%12 Jun 2026· Operational
Meteoric Resources' Brazil pilot plant achieved magnet rare earths oxide recoveries of 80%, a positive operational milestone.
- −8.8%9 Jun 2026· Sector Flow
Sector-wide rare earth stock weakness on critical minerals supply focus likely triggered the decline.
- +11.8%23 Apr 2026· Sector Flow
Meteoric Resources surged following Rio Tinto's lithium sale, which was seen as a catalyst for ASX junior miners and sparked a bull run on Brazilian rare earths.
- −7.3%16 Mar 2026· Unknown
No news articles were found; the abnormal price drop likely stems from an unspecified operational or sector development.
- +15.8%11 Mar 2026· Unknown
No specific news articles were found to explain the price move; the cause is unknown.
- +7.5%27 Feb 2026· Unknown
Insufficient evidence from news articles to explain the price move.
- −14.3%6 Feb 2026· Sector Flow
Likely caught in broad sector selloff as global tech/uranium/silver prices fell sharply on 2026-02-05.
- −8.0%29 Jan 2026· Unknown
Insufficient evidence to determine the cause; no news articles were available for the event date.
- +8.7%23 Jan 2026· Unknown
Insufficient evidence to determine the cause of the price move.
- +9.3%19 Jan 2026· Unknown
Insufficient news evidence to determine the cause of the price move; no relevant articles found.
- +7.3%15 Jan 2026· Unknown
No specific news was found to explain the price move.
- +7.7%13 Jan 2026· Unknown
Insufficient news coverage to determine the cause of the price move.
- +32.1%22 Dec 2025· Regulatory
Meteoric Resources surged after its Caldeira Project secured a key environmental approval.
- −12.5%1 Dec 2025· Regulatory
Meteoric Resources' share price fell after an environmental licence delay for its Caldeira Project.
- −13.5%21 Nov 2025· Unknown
No specific news or event identified to explain the 13.51% drop in Meteoritic Resources on 2025-11-20.
- −10.3%5 Nov 2025· Sector Flow
Likely driven by negative sector sentiment or commodity price moves affecting critical minerals stocks, though no direct company news was identified.
- −15.2%27 Oct 2025· Unknown
No news or announcements were found to explain the price drop.
- −12.2%22 Oct 2025· Unknown
No news articles found; the price drop is unexplained by available information.
Held by 2 ETFs
Of every $10,000 in each fund, how much is in MEI today.
Why did MEI fall 10.3% on 5 Nov 2025?
Meteoric Res.
Likely driven by negative sector sentiment or commodity price moves affecting critical minerals stocks, though no direct company news was identified.
The price drop and high volume suggest a market-wide or sector-specific event rather than company-specific news, as the provided articles discuss other critical minerals stocks and sector commentary. No direct negative announcement from the company was found. The evidence is circumstantial.
Written by a language model from the evidence below, and it can be wrong. Tell us and we will fix or remove it. General information only, not financial product advice. It does not consider your objectives, finances or needs. Past performance is not a guide to future performance.
Evidence
News coverage
What it did to the 2 ETFs holding MEI
On $10,000 in each fund, at the weight it holds today