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Venture Minerals Limited ( (AU:CRI) ) has shared an announcement.
Critica Limited has received a $1 million cash refund from the Australian Government’s R&D Tax Incentive Program, which will support the advancement of its Jupiter Rare Earth Project. This financial boost, along with recent and proposed placements, positions Critica to continue its strategy of becoming a leading rare earth developer in Australia, enhancing its market position and stakeholder value.
More about Venture Minerals Limited
Critica Limited is a company focused on the development of rare earth resources, specifically through its Jupiter Rare Earth Project in Western Australia. The project is one of Australia’s largest clay-hosted rare earth resources, aiming to supply the growing demand in sectors such as AI, electric vehicles, renewables, and defense.
YTD Price Performance: 116.67%
Average Trading Volume: 11,516,842
Technical Sentiment Signal: Buy
Current Market Cap: A$75.67M
For detailed information about CRI stock, go to TipRanks’ Stock Analysis page.