CRI.ASX: Jupiter and Mt Lindsay Advance Towards Study Completion

Jupiter and Mt Lindsay Advance Towards Study Completion

Stock	CRI.ASX (CRI.ASX)
Release Time	17 Jun 2026, 9:09 a.m.
Price Sensitive	Yes

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CRITICA LIMITED Advances Critical Minerals Projects

Key Points

Jupiter Resource Optimisation Complete; Updated Mineral Resource Estimate Starting
Mt Lindsay Underground Mining Scoping Study on Track for Q3 2026
Secured $300,000 in Non-Dilutive Funding for Jupiter Metallurgical Development

Full Summary

CRITICA LIMITED is advancing its Jupiter Rare Earth Project in Western Australia and Mt Lindsay Tin-Tungsten Project in Tasmania towards scoping study completion. At Jupiter, resource optimization is complete, and an updated mineral resource estimate is underway. The project has achieved up to 14x upgrade factor and 81% magnet rare earth oxide recovery. Commercial-grade rare earth products have been produced, and gallium extraction is underway. Mt Lindsay is undergoing resource updates and geological modeling, with underground mining being assessed. Both projects are strategically positioned to benefit from increasing demand for non-China sources of critical minerals. CRITICA LIMITED has secured $300,000 in non-dilutive funding for Jupiter's metallurgical development and joined the U.S. Defense Industrial Base Consortium.

Guidance

Scoping Studies for Jupiter and Mt Lindsay targeted for completion during Q3 2026

Outlook

CRITICA LIMITED is entering a period of significant catalyst delivery with multiple workstreams converging on scoping study completion during Q3 2026.