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Critica Limited (ASX:CRI)

ALERT: Price-sensitive ASX Announcement for CRI
Current share price for CRI : $0.018 -0.004 (-18.18%)+
Announcement
Release
29 Sep 2025 8:24AM
Price at Release
$0.022
Full Release
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Summary
Critica Limited (ASX: CRI) reports successful bulk metallurgical testwork results from the Jupiter Project, demonstrating a ~95% mass rejection and a six-to-ten-fold grade uplift in open-circuit trials at GAVAQ in Vietnam. These results validate Critica's beneficiation-first strategy, leveraging Jupiter's unique clay mineralogy for efficient processing, and support the development of a Mixed Rare Earth Product. A closed-circuit pilot plant is under construction to optimize recovery and further advance the project.
Key Points
  • Critica Limited reported consistent ~95% mass rejection and 6–10x TREO grade uplift in open-circuit bulk trials.
  • The trials were conducted at GAVAQ (Vietnam) to assess Jupiter's upgrade potential.
  • A 400 kg composite sample was used for the trials.
  • The project aims to produce a Mixed Rare Earth Product (MREP)-ready feed.
  • A closed-circuit pilot plant is being constructed to optimize recoveries.
  • The beneficiation approach is validated, supporting downstream testwork and development.
  • The results provide a clearer pathway toward saleable Mixed Rare Earth Products.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.