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Critica Limited Advances Gallium Extraction in Rare Earth Resource

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Critica Limited Advances Gallium Extraction in Rare Earth Resource

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The latest announcement is out from Venture Minerals Limited ( (AU:CRI) ).

Critica Limited has announced advancements in its Jupiter flowsheet, confirming that gallium can be extracted as a valuable by-product from its 1.8 billion tonnes rare earth resource. The metallurgical analysis indicates a 63% leach recovery rate for gallium oxide, highlighting the strategic importance of this resource given China’s dominance in the global gallium market. This development positions Critica favorably within the industry, as it leverages its existing infrastructure without altering its project scope, and plans further evaluations of other by-products.

More about Venture Minerals Limited

Critica Limited operates in the mining industry, focusing on the extraction and processing of rare earth elements. The company is engaged in the development of the Jupiter Resource, which contains significant quantities of rare earth elements and gallium, a critical component for advanced technologies.

YTD Price Performance: 158.33%

Average Trading Volume: 9,061,377

Technical Sentiment Signal: Buy

Current Market Cap: A$83.93M

See more data about CRI stock on TipRanks’ Stock Analysis page.

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