Critical Resources Expands Mavis Lake, Moves Into Solid-State Batteries and Raises Capital

Critical Resources Ltd ( (AU:CRR) ) just unveiled an announcement.

In the December 2025 quarter, Critical Resources significantly expanded its Mavis Lake Lithium Project in Ontario to more than 400 km² by adding about 80 km² of highly prospective ground, strengthening its strategic position in North America’s lithium supply chain. The company also established an integrated permitting and government advisory framework via SLR Consulting and the Pathway Group to streamline approvals and access potential non-dilutive funding, advanced its New Zealand gold portfolio with the granting of the Cap Burn permit and initial drilling, and progressed exploration and access arrangements at its Halls Peak gold and antimony projects in New South Wales. Additionally, Critical Resources secured an option over solid-state lithium-ion battery patents from the South Dakota School of Mines—aimed at higher-safety, high-temperature applications such as data centres and grid storage—creating potential vertical integration between its lithium resource base and advanced battery technology, while bolstering its balance sheet with a $1.75 million capital raising participated in by board and management.

The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.

More about Critical Resources Ltd

Critical Resources Limited is an ASX-listed exploration and development company focused on critical metals and next-generation battery technologies, with a primary emphasis on lithium. Its key asset is the Mavis Lake Lithium Project in Ontario, Canada, complemented by the Halls Peak base metals project in New South Wales, Australia, and an early-stage gold portfolio in New Zealand, positioning the company within supply chains for the energy transition and sustainable technologies.

YTD Price Performance: -9.09%

Average Trading Volume: 4,521,090

Technical Sentiment Signal: Sell

Current Market Cap: A$30.09M

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