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The latest announcement is out from Venture Minerals Limited ( (AU:CRI) ).
Critica Limited has advanced its Jupiter Rare Earths Project with the first production of commercial-quality mixed rare earth carbonate grading 58% total rare earth oxides at ANSTO, validating a conventional, refinery-aligned processing route and demonstrating strong impurity control. The product’s magnet rare earth-rich profile and high recovery rates place Jupiter at the upper end of development-stage clay-hosted projects and support ongoing offtake and strategic partnership discussions.
The company has also launched a major resource upgrade drilling program at Jupiter, alongside government-supported regional drilling at the Juno and Aurora prospects, to convert resources to higher confidence categories for its Scoping Study. With consulting groups engaged to update the mineral resource model and lead the study, Critica is working to transform recent technical validation into a robust development pathway while retaining processing flexibility and progressing its broader project pipeline, including Mount Lindsay.
More about Venture Minerals Limited
Critica Limited is an Australian resources company focused on developing the Jupiter Rare Earths Project, regarded as the country’s largest clay-hosted rare earth resource. The project targets high-value magnet rare earth oxides, including neodymium, praseodymium, dysprosium and terbium, with ready access to export and energy infrastructure in Western Australia.
Average Trading Volume: 7,869,373
Technical Sentiment Signal: Hold
Current Market Cap: A$72.74M
For detailed information about CRI stock, go to TipRanks’ Stock Analysis page.