CRI.ASX: Jupiter Pilot Plant Upgrades Concentrate to 3% TREO
Key points
- Pilot plant achieves ~14x upgrade to ~3% TREO concentrate
- Approximately 95% mass rejection achieved
- Strong Magnet REE recoveries maintained
- Results inform Jupiter Scoping Study
- Support lower projected operating and capital intensity
Full summary
Critica Limited (ASX: CRI) reports a significant advancement in the beneficiation pathway at its Jupiter Rare Earth Project, Australia's largest clay-hosted rare earth resource. The pilot plant has successfully upgraded feed material approximately 14 times to an intermediate concentrate grading ~3% TREO. This upgrade, achieved with approximately 95% mass rejection, supports lower projected operating and capital intensity. Strong Magnet REE recoveries are maintained, with Nd and Dy recoveries both above 74%. These results build on previous beneficiation and MREO testwork and directly inform the Jupiter Scoping Study being progressed with Sedgman.
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