Critica Limited chief executive officer Jacob Deysel said: “Our focus now is optimisation, product specification, and engagement with prospective offtake and strategic partners as we continue building a credible, low-cost, Western-aligned rare earth supply chain anchored in one of the world’s largest and cleanest clay-hosted deposits.”
Jupiter houses a mammoth 1.8 billion tonne global resource grading 1700 parts per million total rare earth oxides (TREO). The whopping resource includes a 500 million tonne high-grade core running at 2200ppm TREO.
While Jupiter is the shining beacon, it is just one of six deposits at Critica’s Brothers rare earth project, which is emerging as a province-scale rare earths play a mere 250km east of the port of Geraldton in WA.
The nearby Juno and Aurora prospects are already delivering encouraging early results up to an impressive 4256ppm TREO and magnet rare earths up to 34 per cent of the TREO content.
The company has implemented a disciplined scale-up program, validating performance and de-risking the process at each stage as it shifts to optimise its flowsheet over its globally significant rare earths discovery.
Late last month, Critica delivered a stunning set of bulk sample results after tests revealed up to 95 per cent of waste can be consistently removed from ore while delivering a six- to 10-fold uplift in TREO grades.
The company believes the findings have highlighted the project’s enormous potential to carve out a simple, capital-efficient pathway to produce a variety of rare earths products.
Anthony Albanese’s first meeting with US President Donald Trump delivered a landmark Critical Minerals Framework recently, marking a pivotal step toward advancing both nations’ ambitions for energy and mineral independence. Under the agreement, Australia and the US will each commit at least USD 1 billion to mining and processing projects across both countries. The framework also proposes a price-floor mechanism to stabilise critical-minerals markets, safeguarding against price dumping and supply disruptions while strengthening supply-chain resilience.
Timing is everything.
As Critica transitions from explorer to developer with a clear mine-to-magnet strategy, the company is advancing an integrated processing flowsheet — running beneficiation, hydrometallurgical and product-chemistry programs in parallel. The timing couldn’t be better, with rare earths prices strengthening amid renewed Australian–US initiatives to secure critical metal supply chains and a US President that has a seemingly insatiable demand for them……and a big cheque book.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
