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Critica tables monster $2.7B valuation for WA rare earths play
Critica’s Jupiter project in Western Australia’s Mid-West region, 270km from Geraldton. Credit: File Critica Limited (ASX: CRI) has kicked the door down with a blockbuster scoping study for its wholly owned Jupiter rare earths project in Western Australia, outlining a potential world-class development sporting a whopping pre-tax net present value (NPV) of $2.67 billion. Using an eight per cent discount rate, the study forecasts a pre-tax internal rate of return (IRR) of

Penny Taylor
Oct 20


Critica lands inaugural 160Mt WA rare earths resource
Rare earth-bearing mineral samples from Critica Limited’s Jupiter project, the nation’s largest clay-hosted rare earths resource near Mount Magnet in Western Australia. Credit: File Critica Limited (ASX: CRI) has hit a significant de-risking milestone at its mammoth Jupiter rare earths project in Western Australia, delivering a maiden indicated resource of 160 million tonnes grading 1700 parts per million (ppm) total rare earth oxides (TREO). The update, prepared by ind

Penny Taylor
Oct 12


Lynas Rare Earths mega-deal sparks global race for low-cost rare earths
Red Metal’s drilling at its 100%-owned Sybella rare earths project near Mt Isa in Queensland. Credit: File For decades, the Western market’s playbook for breaking China’s choke-hold on the rare earths sector read like an instructional manual on how to incinerate capital. The strategy was almost dogmatic: target complex, hard-rock monazite or apatite monsters, raise astronomical sums of cash, and then attempt to construct eye-wateringly expensive, high-temperature crackin

Doug Bright
Oct 6


Critica adds global commodities clout to board
Critica has appointed global commodities executive Hannah Badenach to its board. Credit: File Critica Limited (ASX: CRI) has appointed seasoned global commodities executive Hannah Badenach to its board in a move that looks to be less about finding minerals and more about selling them. The appointment comes as the company pushes both of its key critical minerals projects towards commercial reality. The Hong Kong-based specialist brings more than 20 years of experience in com

Murray Ward
Oct 1


Critica surges after unveiling $1.4B tin-tungsten prize in Tasmania
Critica Limited's share surged 25% after a scoping study at its Mt Lindsay tin-tungsten project in Tasmania delivered a $1.42B pre-tax NPV, 65% IRR and 1.9-year payback from a proposed underground mine.

Penny Taylor
Sep 29


Critica product samples put WA Jupiter rare earths in offtake orbit
Critica has produced a high-purity mixed rare earth oxides sample from its Jupiter project in Western Australia ahead of offtake talks for its high-value rare earths and iron by-products. Credit: File In a significant move that shifts its flagship Jupiter rare earths project from a prospect to a tangible commercial proposition, Critica Limited (ASX: CRI) has produced its first high-purity mixed rare earth oxide (MREO) sample to kick off potential offtake discussions. Th

Andrew Todd
Sep 23


WA Jupiter giant repeats 58% rare earths carbonate trick for Critica
Critica has produced a second high-grade 58% total rare earths carbonate from its Jupiter project in WA. Credit: File Critica Limited (ASX: CRI) has taken another step towards de-risking its behemoth Jupiter rare earths project in Western Australia by producing a second high-grade mixed rare earth carbonate (MREC), which impressively clocked in at 58 per cent total rare earth oxide (TREO). The results replicate the first MREC result, demonstrating a repeatable product qua

Andrew Todd
Sep 17


Critica unveils 19Mt Tassie tin-tungsten heavyweight
Critica Limited’s tungsten mineralisation in scheelite fluorescing under ultraviolet light at Mt Lindsay in Tasmania, where drill core returned 147m at 1 per cent tin and 0.2 per cent tungsten trioxide. Credit: File Critica Limited (ASX: CRI) has planted a major flag at its wholly owned Mt Lindsay project in Tasmania, putting a JORC 2012-compliant resource around what it describes as one of Australia’s largest undeveloped tin-tungsten deposits. The project-wide inventor

Penny Taylor
Sep 14


Critica bolsters ranks for dual critical minerals push
An old Tasmanian Hydro-Electric Commission quarry that Critica Limited proposes to use for its Mt Lindsay underground mine portal. Credit: File Critica Limited (ASX: CRI) has beefed up its project development personnel with the appointment of experienced minerals engineer Mike Kevan as interim study manager, signalling its evolution from explorer to developer as it pushes ahead with two major scoping studies. The fresh appointment is aimed at strengthening the company’s t

Sheena Francis
Aug 26


Critica plots underground future for Tasmanian tungsten giant
Critica Limited is redesigning its giant Mt Lindsay tin-tungsten project in Tasmania, shifting to a smarter underground concept to unlock value, just as prices for the strategic metals are running hot.

Penny Taylor
Aug 18


Critica slashes key cost at WA flagship rare earths project
Field activities at Critica Limited's flagship Jupiter rare earths project near Yalgoo in Western Australia's Mid-West. Credit: file ASX listed Critica Limited (ASX: CRI) has landed another significant processing breakthrough at its massive Jupiter rare earths project near Mount Magnet in Western Australia's Mid West, confirming a 30 per cent reduction in sulphuric acid consumption that could materially reduce future operating costs. The result marks another milestone i

Penny Taylor
Aug 4


Critica builds WA rare earth district case with Juno hits
Drilling at Critica Limited's Juno prospect, part of the Brothers rare earth project in Western Australia, where exploration continues to expand shallow clay-hosted rare earth mineralisation. Critica Limited (ASX: CRI) has strengthened the case that its 100 per cent-owned Brothers rare earth project is evolving well beyond Jupiter into a district-scale rare earth system after a string of shallow, high-grade drill hits at the company's Juno satellite prospect in Western Au

Penny Taylor
Jul 27


Critica boosts WA rare earths prize with bumper high-grade drill hits
Aircore drilling at Critica Mineral’s Jupiter rare earths project, near Yalgoo in WA’s mid-west region. Critica Limited (ASX: CRI) has unearthed further high-grade rare earth mineralisation at its flagship Jupiter project in Western Australia, with a chunky resource definition drilling program confirming continuity of the priority zones set to underpin an updated resource estimate. The company pushed 145 air core holes into the ground for a whopping 7274 metres, spaced

Rowena Duckworth
Jul 13


Critica closes in on pivotal twin rare earths, tin-tungsten studies
Critica is rolling out a dual critical minerals strategy at its WA rare earths and its Tasmanian tin-tungsten assets, with scoping studies for both projects on track for the September quarter.

Andrew Todd
Jun 17


Critica cracks WA rare earths upgrade code in pilot breakthrough
Critica Limited has upgraded feedstock 14-fold at its WA Jupiter rare earths project to a three per cent TREO concentrate during pilot beneficiation work in Vietnam, rejecting 95 per cent of the feed mass.

Doug Bright
May 27


Critica lands WA Govt-backed cash boost for rare earths studies
Critica Limited’s rare earths minerals from its Jupiter project in WA, which has received fresh WA research funding to fast-track the company’s metallurgical testwork. Critica Limited (ASX: CRI) has secured $300,000 in non-dilutive R&D funding from Western Australian government-backed sources to accelerate metallurgical studies at its massive Jupiter rare earths project near Mt Magnet in the state’s Mid West region. The cash will speed up the company’s metallurgical tes

Doug Bright
May 20


Critica lifts WA mixed rare earth oxide to 97% purity
Critica Ltd’s latest metallurgical testwork has produced a mixed rare earth oxide grading 97.1 per cent TREO from sample material drawn from its remarkable Jupiter rare earths project near Mt. Magnet in WA’s Mid West. Critica Limited’s (ASX: CRI) latest metallurgical testwork has produced a third mixed rare earth oxide from its Jupiter project in WA’s Mid West, materially improving product quality from previous tests. In a result likely to strengthen the project’s devel

Doug Bright
May 18


Critica reshapes Tassie tungsten mine amid surging metal prices
Critica Limited has tapped engineering giant DRA Global to run an underground scoping study at its Mt Lindsay tungsten-tin project in Tasmania, aiming to unlock value as metal prices surge.

Penny Taylor
May 5


Critica met test lands 81% magnet rare earths recovery in WA
Critica Limited’s rare earths pilot plant program is lifting metallurgical recoveries for the company’s massive Jupiter project in WA’s Mid West. Credit: File Critica Limited (ASX: CRI) has nudged its Jupiter rare earths project another step closer towards a bankable development picture, with its latest pilot plant optimisation delivering 81 per cent recovery of magnet rare earth oxides (MREO) and 71 per cent recovery of total rare earth oxides (TREO). The stronger numbers ar

Doug Bright
Apr 14


Critica drills into Jupiter as WA rare earths upgrade heats up
Critica Limited CEO Jacob Deysel and senior metallurgist Dr Hien Dinh reviewing Jupiter’s drilling progress during a recent site visit. Credit: File Critica Limited (ASX: CRI) has kicked off a major resource upgrade aircore (AC) drilling campaign at its flagship Jupiter rare earths project in Western Australia’s Mid West region, with the program results expected to be a core input to the ongoing scoping study. The two-pronged program aims to upgrade the resource and boost re

Sheena Francis
Feb 25
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