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Venture Minerals Limited ( (AU:CRI) ) has provided an update.
Critica Limited has announced that its Jupiter REE Project in Western Australia is confirmed as the largest clay-hosted MREO resource in Australia. The company is progressing through metallurgical studies and testwork, aiming to produce high-grade REE concentrate. This development could significantly enhance Critica’s position in the rare earth elements market, potentially impacting stakeholders by establishing a reliable Australian source of these critical minerals.
More about Venture Minerals Limited
Critica Limited operates in the mining industry, focusing on the extraction and development of rare earth elements (REE) resources. The company is advancing the Jupiter REE Project in Western Australia, which is noted as the largest clay-hosted MREO resource in the country. Critica’s efforts are directed towards metallurgical studies and beneficiation testwork to establish a robust supply chain for magnet rare-earth elements.
YTD Price Performance: 225.00%
Average Trading Volume: 6,673,436
Technical Sentiment Signal: Buy
Current Market Cap: A$94.76M
Learn more about CRI stock on TipRanks’ Stock Analysis page.