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Critica taps DRA Global for ESG-focused underground study at Mt Lindsay

Story Highlights
  • Critica hires DRA Global to lead an ESG-focused underground Scoping Study for its Mt Lindsay tin-tungsten project.
  • Shift to low-impact underground mining boosts Mt Lindsay’s strategic value alongside Jupiter in Critica’s critical minerals portfolio.
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Critica taps DRA Global for ESG-focused underground study at Mt Lindsay

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

Critica Limited has appointed DRA Global to undertake a Scoping Study for its 100%-owned Mt Lindsay Tin-Tungsten Project in Tasmania, aiming to reposition the asset as an ESG-aligned underground operation that complements its flagship Jupiter Rare Earth Project. The study will focus on underground mine design, backfill solutions to reduce tailings, optimised infrastructure with lower environmental impact and concept-level costs, while recent increases in tin and tungsten prices and constructive support from Tasmanian authorities enhance the project’s strategic and economic appeal within Critica’s broader critical minerals growth strategy.

By shifting from an open pit to a low-impact underground mining concept, Critica is seeking to materially reduce Mt Lindsay’s surface footprint and strengthen its credentials as a sustainable critical minerals supplier. The initiative broadens the company’s development optionality, including potential partnerships or strategic alternatives for Mt Lindsay, and reinforces its ambition to build a multi-asset critical minerals platform with exposure to multiple supply chains and greater relevance in Western markets.

More about Venture Minerals Limited

Critica Limited is an emerging diversified critical minerals company listed on the ASX, with a portfolio spanning rare earth elements, yttrium, gallium, scandium, tin and tungsten. Its flagship asset is the Jupiter Rare Earth Project in Western Australia, complemented by the Mt Lindsay Tin-Tungsten Project in Tasmania, positioning the company to serve supply-constrained Western critical minerals markets with a scalable platform and commodity diversification.

YTD Price Performance: -7.69%

Average Trading Volume: 4,440,565

Technical Sentiment Signal: Hold

Current Market Cap: A$72.74M

For detailed information about CRI stock, go to TipRanks’ Stock Analysis page.

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