Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Venture Minerals Limited ( (AU:CRI) ) has issued an update.
Critica Limited has submitted a claim for a $1 million cash refund under Australia’s R&D Tax Incentive Program and is seeking to become a Tier 1 partner of the Critical Metals for Critical Industries Cooperative Research Centre (CMCI CRC). This partnership aims to support Critica’s hydrometallurgical pilot and process-development programs for the Jupiter Rare Earth Project, enhancing its position in the rare earths industry. The collaboration is part of Critica’s strategy to leverage government-supported R&D frameworks to advance technology development and bolster Australia’s rare-earth value chain, potentially impacting stakeholders by refining and piloting hydrometallurgical processes to produce Mixed Rare Earth Product from Jupiter ore.
More about Venture Minerals Limited
Critica Limited (ASX: CRI) is focused on advancing the Jupiter Project in Western Australia, which is recognized as Australia’s largest clay-hosted rare earths resource and the nation’s largest magnet-REE resource base. The project is rich in magnet-REEs such as Nd, Pr, Dy, and Tb, crucial for electric vehicles, renewable energy, and defense supply chains. Critica is transitioning from an explorer to a developer with a comprehensive mine-to-magnet strategy.
YTD Price Performance: 141.67%
Average Trading Volume: 5,924,395
Technical Sentiment Signal: Buy
Current Market Cap: A$78.52M
See more data about CRI stock on TipRanks’ Stock Analysis page.