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Critica Limited (ASX:CRI)

ALERT: Price-sensitive ASX Announcement for CRI
Current share price for CRI : $0.018 -0.013 (-41.94%)+
Announcement
Release
17 Nov 2025 9:38AM
Price at Release
$0.031
Full Release
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Summary
Critica Limited has confirmed advancements in their Jupiter Project, where their MREP flowsheet has achieved a 63% gallium leach recovery. This enhancement in processing indicates the potential of gallium as a valuable by-product alongside their primary rare earth production within the 1.8 billion-tonne Jupiter deposit, which averages 39 ppm of gallium oxide. This development aligns with strategic efforts to establish a Western-aligned supply chain for critical minerals, reducing reliance on China, which currently controls the majority of the global gallium supply. The project continues to focus on refining extraction efficiency and product specifications through ongoing trials and expanded pilot-plant operations.
Key Points
  • Critica's MREP flowsheet achieves 63% gallium leach recovery.
  • Jupiter Project's 1.8 billion-tonne resource contains 70,000 tonnes of gallium.
  • Gallium co-recovery enhances economic potential without additional processing steps.
  • China controls over 98% of global gallium supply, underlining strategic importance.
  • Ongoing trials to optimize gallium extraction and define product specifications.
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.