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The latest update is out from Venture Minerals Limited ( (AU:CRI) ).
Critica Limited has reported significant progress at its Jupiter Rare Earth Project, with pilot plant optimisation lifting total rare earth oxide recovery to about 71% and magnetic rare earth recovery to roughly 81% from representative feed material. The enhanced beneficiation circuit delivers a roughly 7.5-times upgrade from feed to intermediate concentrate and rejects about 90% of mass, providing stronger technical support for the project’s development assumptions.
The pilot plant has been relocated to a larger facility to increase throughput and support further optimisation, with over 8.5 tonnes of additional mineralisation en route and more to follow for concentrate production. Parallel metallurgical programmes, including work on acid bake, alternative leaching and potential heap leaching of intermediate concentrate, are underway to refine processing pathways and inform a Scoping Study that remains on schedule, underpinning future product qualification and offtake discussions.
More about Venture Minerals Limited
Critica Limited is an ASX-listed resources company focused on developing the Jupiter Rare Earth Project, targeting high-value magnetic rare earth elements such as neodymium and praseodymium. The company is advancing beneficiation and downstream processing technologies to produce mixed rare earth products for use in advanced manufacturing and clean energy applications.
Average Trading Volume: 7,948,636
Technical Sentiment Signal: Hold
Current Market Cap: A$72.74M
Find detailed analytics on CRI stock on TipRanks’ Stock Analysis page.