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An announcement from Venture Minerals Limited ( (AU:CRI) ) is now available.
Critica Limited has announced a significant advancement in its Mixed Rare Earth Product (MREP) program, achieving a 63% gallium leach recovery from its Jupiter Resource. This development underscores the strategic importance of Critica’s operations, as it strengthens its position in the global supply chain for critical minerals, particularly gallium, which is vital for next-generation technologies and is predominantly controlled by China. The company’s ability to extract gallium as a by-product without altering its existing process circuit highlights its commitment to maintaining a stable and low-risk supply chain.
More about Venture Minerals Limited
Critica Limited operates in the mining industry, focusing on rare earth elements and gallium extraction. The company is strategically positioned with its Jupiter Deposit, Australia’s largest clay-hosted inferred rare-earth resource, emphasizing its significant endowment in rare earths and gallium.
YTD Price Performance: 141.67%
Average Trading Volume: 9,501,750
Technical Sentiment Signal: Buy
Current Market Cap: A$78.52M
Learn more about CRI stock on TipRanks’ Stock Analysis page.