Meteoric Resources NL (ASX:MEI)

Green Metals, Green Future

About Us

Meteoric is focused on the rapid exploration and development of its flagship Caldeira Rare Earth Ionic Clay Project, the world’s highest grade ionic absorption rare earth deposit.

Company Overview

Meteoric Resources NL's flagship asset, the Caldeira REE Project, comprises 51 licenses, including 23 mining licenses and 21 mining license applications, situated in the mining-friendly state of Minas Gerais, Brazil. This project is recognized as one of the world's highest-grade ionic absorption rare earth deposits, offering significant potential for low-cost and environmentally sustainable extraction.

In Australia, the company holds interests in several strategic projects:

  • Webb Diamond JV: Spanning approximately 400 square kilometers in Western Australia, this joint venture focuses on evaluating a substantial kimberlite field with 280 identified magnetic targets.
  • Warrego North IOCG Project: Located about 20 kilometers northwest of the historic Warrego copper-gold mine in the Tennant Creek Mineral Field, Northern Territory, this project targets iron oxide copper-gold mineralization.

Board & Management

Andrew Tunks

Andrew Tunks

Executive Chairman

Dr Tunks is a member of the Australian Institute of Geoscientist holding a B.Sc. (Hons.) from Monash and a Ph.D from the University of Tasmania. Dr Tunks has held numerous senior executive positions in a range of small to large resource companies including Auroch Minerals, A-Cap Resources, IMAGOLD Corporation and Abosso Goldfields.

In his role as CEO and director of A-Cap Resources Dr. Tunks led the discovery of the 10th largest uranium resource in the world and managed four separate capital raisings totalling AUD$45 million. Through his 30-year career within the resource and academic sectors Dr. Tunks has developed a unique skill set including technical, promotional and corporate.

Stuart Gale

Stuart Gale

Managing Director & Chief Executive Officer

Mr Gale has over 20 years of experience in the resources sector as a CEO and CFO. He specialises in capital markets and strategic growth, currently driving Meteoric’s development.

He was recently CFO at Mineral Resources’ Lithium Division, managing major lithium operations in Western Australia. Previously, as Managing Director and CEO of Resolute Mining Limited, he led gold mining in Mali and Senegal.

Mr Gale also spent nearly 10 years at Fortescue Metals Group overseeing financial management during its expansion. His career includes senior roles at Wesfarmers, including CFO of Wesfarmers Energy.

Mr Gale is a Fellow of the Institute of Chartered Accountants in Australia, a Graduate of the Australian Institute of Company Directors, and a Fellow of Leadership Western Australia.

Marcelo De Carvalho

Marcelo De Carvalho

Executive Director & Chief Geologist

Dr Carvalho graduated from the State University of Sao Paulo in 1996 with a Bachelor of Geology and commenced his exploration career in Brazil, working for Anglo Gold exploring for gold in the Amazon and subsequently with Vale, exploring for base metals.

In 2004, Dr Carvalho moved to Perth (UWA) to complete a PhD in Metalogenesis. Returning to Brazil he joined Yamana Gold and rose to the role of Greenfields Exploration Manager before departing in 2012. During that time, Marcelo led an experienced Exploration Team and was part of a several gold discoveries, taking projects from Project Generation all the way through to Mining Reserves and Development.

With the experience acquired over these years, Marcelo cofounded his own consultancy company, Target Latin America (TLA) and has over the past 10 years consulted to explorers from across the globe, selecting and managing exploration projects in the Americas.

Paul Kitto

Paul Kitto

Non-Executive Technical Director

Dr Kitto has over thirty years’ experience working within the mining industry having served on a number of ASX Boards and holding senior level management positions around the world. Dr Kitto is currently Technical Director for Tietto Minerals (ASX:TIE).

Most recently Dr Kitto was Exploration Manager, Africa for Newcrest Mining Ltd and prior to that, was Chief Executive Officer and Managing Director of ASX listed Ampella Mining Ltd from 2008 until 2014, when Ampella was acquired by LSE/TSX listed Centamin PLC.

Throughout his career, Dr Kitto has led or been part of exploration teams that have discovered numerous multi‐million ounce gold deposits in Africa, Australia and Papua New Guinea. Dr Kitto has extensive experience associated with a wide range of deposit types, predominantly associated with gold and base metal deposits.

Peter Gundy

Peter Gundy

Non-Executive Director

Mr Gundy has had a long history in the Rare Earth space and was the Chairman, CEO and Founder of Neo Material Technologies Inc (”NEM”). From a start-up in 1992, Mr. Gundy created one of worlds most successful rare earth Company’s. With manufacturing plants in China and Thailand, it manufactured a full suite of advanced rare earths used in the global electronics industries and automotive sector. It also became #1 in the world in powerful high tech bonded magnetic materials for the world’s electronic industries. Rare earths permit devices to be miniaturized, make products more environmentally benign and generate important energy efficiencies in final products.

Nomi Prins

Nomi Prins

Non-Executive Director

Dr Nomi Prins is an economist and leading geopolitical financial expert. Dr. Prins’ strategic insights span financial markets, banking, energy and natural resources, infrastructure, geo-political relations, and macroeconomics.

She was a managing director at Goldman Sachs and ran the international analytics group at Bear Stearns in London. She also held roles at Lehman Brothers and the Chase Manhattan Bank. She is a best-selling author of seven published books. Dr. Prins has testified to the U.S. Senate, advised senior U.S. leaders on matters ranging from banking to the energy transition to national defense-based critical mineral policies. She has counseled government officials around the world.

Dr Prins received her BS in Mathematics from the State University of New York, MSc.in Statistics and Operations Research from New York University, and Ph.D. in International Strategic Studies from The Federal University of Rio Grande do Sul, Brazil.

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