CRI: October 2026 Ignite Investment Summit Investor Presentation

Original announcement by asx on

Company
Critica Limited
Ticker
CRI
Exchange
ASX
Region
Unavailable
Primary commodity
Rare earths
Secondary commodities
Tungsten, Tin, Yttrium, Gallium, Scandium, Iron ore, Praseodymium oxide, Neodymium oxide, Terbium oxide, Dysprosium oxide
Document categories
Resource update, Other, Metallurgy
Extracted
2026-10-13 22:39:33 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Critica Limited presented strong economic results from a Scoping Study for its Mt Lindsay Tungsten-Tin Project, demonstrating a post-tax NPV of A$1.01 billion and an IRR of 55.6%. Concurrently, the company announced a significant Mineral Resource Estimate update for its Jupiter Rare Earths Project, including a maiden Indicated Resource of 160 Mt at 1,700 ppm TREO within a total 1.7 Bt resource. Metallurgical testwork for Jupiter also showed promising results with high TREO content in commercial-grade products and significant grade uplift.

Reasoning: The presentation showcases strong economic results for the Mt Lindsay project and a significant resource upgrade for the Jupiter Rare Earths project, including the first Indicated Mineral Resource and positive metallurgical testwork, positioning the company well in the critical minerals sector.

Positive factors

  • strong_economic_study_results
  • significant_resource_upgrade
  • positive_metallurgical_results
  • strategic_importance_of_commodities
  • jorc_compliant_reporting

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated
  • applicability_to_commercial_scale_to_be_demonstrated

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 47

Classification and evidence

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: The Mt Lindsay Scoping Study has been delivered.

Evidence · text

“Scoping Study delivered”

NPV Positivepositive · Story-specific tag

No canonical definition is currently available.

Why it applies: The after-tax NPV is A$1.01 billion.

Evidence · text

“A$1.01bn After-tax NPV₈”

High IRRpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: The after-tax IRR is 55.6%.

Evidence · text

“55.6% After-tax IRR”

Rapid Paybackpositive · Story-specific tag

No canonical definition is currently available.

Why it applies: The project has an estimated payback period of ~1.9 years.

Evidence · text

“~1.9 yrs Payback”

Preliminary Studynegative · Story-specific tag

No canonical definition is currently available.

Why it applies: The Scoping Study is a preliminary technical and economic study not sufficient to support Ore Reserves.

Evidence · text

“The Mt Lindsay Scoping Study is a preliminary technical and economic study that is not sufficient to support the estimation of Ore Reserves”

Funding Requirednegative · Story-specific tag

No canonical definition is currently available.

Why it applies: Critica has not secured any of the funding required to develop the Project.

Evidence · text

“Critica has not secured any of the funding required to develop the Project.”

Inferred in Production Targetnegative · Story-specific tag

No canonical definition is currently available.

Why it applies: Approximately 8% of the production target is derived from Inferred Mineral Resources.

Evidence · text

“approximately 8% is derived from Inferred Mineral Resources”

Recovery Not Fully Demonstratednegative · Story-specific tag

No canonical definition is currently available.

Why it applies: Base Case processing recoveries have not all been demonstrated simultaneously in a single integrated locked-cycle test program.

Evidence · text

“Base Case processing recoveries of 75% tin, 85% WO₃ and 98% magnetite are modestly above recoveries demonstrated or estimated in individual historical testwork programs and have not all been demonstrated simultaneously in a single integrated locked-cycle test program.”

Maiden Resourceneutral

First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The document announces the first 160 Mt Indicated Mineral Resource for Jupiter.

Evidence · text

“Jupiter Delivers First 160 Mt Indicated Mineral Resource”

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The estimate includes 160 Mt of Indicated Mineral Resources.

Evidence · text

“160 Mt Indicated Resource”

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The total resource includes 1.5 Bt of Inferred Mineral Resources.

Evidence · text

“1.5 Bt Inferred”

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The Mineral Resource Estimate is compliant with the 2012 Edition of the JORC Code.

Evidence · text

“JORC Code”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: The estimate is signed off by Mr Rodney Brown of SRK Consulting, Dr Stuart Owen, and Dr Natalee Bonnici as Competent Persons.

Evidence · text

“The Competent Person for the Mineral Resource Estimate is Mr Rodney Brown of SRK Consulting (Australasia) Pty Ltd, with Dr Stuart Owen and Dr Natalee Bonnici as Competent Persons for exploration results, data compilation and data quality.”

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Commercial-grade MREO product achieved 97% TREO.

Evidence · text

“MREO 97% TREO”

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: The company has produced commercial-grade products from pilot plant testwork.

Evidence · text

“Commercial-grade products produced: MREC 58% TREO • MREO 97% TREO”

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: Applicability of metallurgical results across the deposit and at commercial scale remains to be demonstrated.

Evidence · text

“Metallurgical results are from testwork to date; applicability across the deposit and at commercial scale remains to be demonstrated.”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: the document describes a flotation route ("locked-cycle")

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 47. Some facts used in scoring do not have a stored record.

Resource Estimates (37)

Fact 1Mt Lindsay · tungstenView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“A$1.01bn After-tax NPV₈”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 2Mt Lindsay · tungstenView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“55.6% After-tax IRR”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 3Mt Lindsay · tungstenGrade Unit: yearsView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Resource Data

Grade Unit
years

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“~1.9 yrs Payback”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 4Mt Lindsay · tungstenView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“A$244.5m Pre-production capital”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 5Mt Lindsay · tungstenView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“A$3.11bn LOM EBITDA”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 6Mt Lindsay · tungstenView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“A$5.20bn LOM sales revenue”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 7Mt Lindsay · tungstenView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“A$1.92bn After-tax LOM free cash flow”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 8Mt Lindsay · tungstenGrade Unit: US$/mtuView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Resource Data

Grade Unit
US$/mtu

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“US$314/mtu Indicative tungsten operating cost*”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 9Mt Lindsay · tungstenGrade Unit: tonnesView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Resource Data

Grade Unit
tonnes

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“10.9 Mt Material processed”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedMt Lindsay · tungstenGrade Unit: %View all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Estimate type
resource
Resource group id
resource:f5a0c220cff60af3d79d

Resource Data

Category
indicated
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“approximately 92% is derived from Indicated Mineral Resources”

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredMt Lindsay · tungstenGrade Unit: %View all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Estimate type
resource
Resource group id
resource:f5d4acf4d8201b821738

Resource Data

Category
inferred
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“approximately 8% is derived from Inferred Mineral Resources”

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 12Mt Lindsay · tungstenView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“Capital and operating cost estimates carry an overall accuracy range of approximately -25% to +50%.”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 13Mt Lindsay · tinGrade Unit: US$/tView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tin
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Resource Data

Grade Unit
US$/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“Tin price US$45,000/t”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 14Mt Lindsay · tungstenGrade Unit: US$/mtuView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Resource Data

Grade Unit
US$/mtu

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“Tungsten APT price US$2,500/mtu”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 15Mt Lindsay · iron_oreGrade Unit: US$/dmtView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
iron_ore
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Resource Data

Grade Unit
US$/dmt

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“Magnetite concentrate (65% Fe) US$115/dmt”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 16Mt Lindsay · tungstenView all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“Exchange rate (AUD:USD) 0.65”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Fact 17Mt Lindsay · tungstenGrade Unit: %View all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Resource scope

Resource group id
resource:c6d5a24cb393b4feb989

Resource Data

Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“Corporate tax rate 30%”

Tags used in scoring

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedJupiter · rare_earthsTonnes: 160000000Grade: 1700Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
rare_earths
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:3b99a873f2f8a6e5f33f

Resource Data

Category
indicated
Tonnes
160000000
Grade
1700
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

Positive factors

  • maiden_indicated_resource
  • jorc_compliant
  • qp_signed

Evidence · table

“1,700”

Context: 160

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedJupiter · rare_earthsTonnes: 160000000Grade: 420Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
rare_earths
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:3b99a873f2f8a6e5f33f

Resource Data

Category
indicated
Tonnes
160000000
Grade
420
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

Positive factors

  • maiden_indicated_resource
  • jorc_compliant
  • qp_signed

Evidence · table

“420”

Context: 160

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedJupiter · praseodymium_oxideTonnes: 160000000Grade: 84Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
praseodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:3b99a873f2f8a6e5f33f

Resource Data

Category
indicated
Tonnes
160000000
Grade
84
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

Positive factors

  • maiden_indicated_resource
  • jorc_compliant
  • qp_signed

Evidence · table

“84”

Context: 160

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedJupiter · neodymium_oxideTonnes: 160000000Grade: 310Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
neodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:3b99a873f2f8a6e5f33f

Resource Data

Category
indicated
Tonnes
160000000
Grade
310
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

Positive factors

  • maiden_indicated_resource
  • jorc_compliant
  • qp_signed

Evidence · table

“310”

Context: 160

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedJupiter · terbium_oxideTonnes: 160000000Grade: 4Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
terbium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:3b99a873f2f8a6e5f33f

Resource Data

Category
indicated
Tonnes
160000000
Grade
4
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

Positive factors

  • maiden_indicated_resource
  • jorc_compliant
  • qp_signed

Evidence · table

“4”

Context: 160

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedJupiter · dysprosium_oxideTonnes: 160000000Grade: 18Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
dysprosium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:3b99a873f2f8a6e5f33f

Resource Data

Category
indicated
Tonnes
160000000
Grade
18
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

Positive factors

  • maiden_indicated_resource
  • jorc_compliant
  • qp_signed

Evidence · table

“18”

Context: 160

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedJupiter · yttrium_oxideTonnes: 160000000Grade: 89Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
yttrium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:3b99a873f2f8a6e5f33f

Resource Data

Category
indicated
Tonnes
160000000
Grade
89
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

Positive factors

  • maiden_indicated_resource
  • jorc_compliant
  • qp_signed

Evidence · table

“89”

Context: 160

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedJupiter · scandium_oxideTonnes: 160000000Grade: 45Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
scandium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:3b99a873f2f8a6e5f33f

Resource Data

Category
indicated
Tonnes
160000000
Grade
45
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

Positive factors

  • maiden_indicated_resource
  • jorc_compliant
  • qp_signed

Evidence · table

“45”

Context: 160

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedJupiter · gallium_oxideTonnes: 160000000Grade: 40Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
gallium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:3b99a873f2f8a6e5f33f

Resource Data

Category
indicated
Tonnes
160000000
Grade
40
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

Positive factors

  • maiden_indicated_resource
  • jorc_compliant
  • qp_signed

Evidence · table

“40”

Context: 160

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

indicatedJupiter · iron_oreTonnes: 160000000Grade: 11Grade Unit: %View all details
Link to this fact

Identity

Project
Jupiter
Commodity
iron_ore
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:3b99a873f2f8a6e5f33f

Resource Data

Category
indicated
Tonnes
160000000
Grade
11
Grade Unit
%
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The maiden Indicated Mineral Resource for Jupiter significantly de-risks the project and provides a strong foundation for future studies, reported under JORC 2012 with QP sign-off.

Positive factors

  • maiden_indicated_resource
  • jorc_compliant
  • qp_signed

Evidence · table

“11”

Context: 160

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredJupiter · rare_earthsTonnes: 1500000000Grade: 1700Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
rare_earths
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:cef42186b7406c0b3713

Resource Data

Category
inferred
Tonnes
1500000000
Grade
1700
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

Positive factors

  • large_resource_scale
  • jorc_compliant
  • qp_signed

Negative factors

  • high_inferred_proportion

Evidence · table

“1,700”

Context: 1,500

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredJupiter · rare_earthsTonnes: 1500000000Grade: 380Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
rare_earths
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:cef42186b7406c0b3713

Resource Data

Category
inferred
Tonnes
1500000000
Grade
380
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

Positive factors

  • large_resource_scale
  • jorc_compliant
  • qp_signed

Negative factors

  • high_inferred_proportion

Evidence · table

“380”

Context: 1,500

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredJupiter · praseodymium_oxideTonnes: 1500000000Grade: 82Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
praseodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:cef42186b7406c0b3713

Resource Data

Category
inferred
Tonnes
1500000000
Grade
82
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

Positive factors

  • large_resource_scale
  • jorc_compliant
  • qp_signed

Negative factors

  • high_inferred_proportion

Evidence · table

“82”

Context: 1,500

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredJupiter · neodymium_oxideTonnes: 1500000000Grade: 280Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
neodymium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:cef42186b7406c0b3713

Resource Data

Category
inferred
Tonnes
1500000000
Grade
280
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

Positive factors

  • large_resource_scale
  • jorc_compliant
  • qp_signed

Negative factors

  • high_inferred_proportion

Evidence · table

“280”

Context: 1,500

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredJupiter · terbium_oxideTonnes: 1500000000Grade: 3Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
terbium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:cef42186b7406c0b3713

Resource Data

Category
inferred
Tonnes
1500000000
Grade
3
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

Positive factors

  • large_resource_scale
  • jorc_compliant
  • qp_signed

Negative factors

  • high_inferred_proportion

Evidence · table

“3”

Context: 1,500

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredJupiter · dysprosium_oxideTonnes: 1500000000Grade: 14Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
dysprosium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:cef42186b7406c0b3713

Resource Data

Category
inferred
Tonnes
1500000000
Grade
14
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

Positive factors

  • large_resource_scale
  • jorc_compliant
  • qp_signed

Negative factors

  • high_inferred_proportion

Evidence · table

“14”

Context: 1,500

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredJupiter · yttrium_oxideTonnes: 1500000000Grade: 72Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
yttrium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:cef42186b7406c0b3713

Resource Data

Category
inferred
Tonnes
1500000000
Grade
72
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

Positive factors

  • large_resource_scale
  • jorc_compliant
  • qp_signed

Negative factors

  • high_inferred_proportion

Evidence · table

“72”

Context: 1,500

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredJupiter · scandium_oxideTonnes: 1500000000Grade: 36Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
scandium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:cef42186b7406c0b3713

Resource Data

Category
inferred
Tonnes
1500000000
Grade
36
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

Positive factors

  • large_resource_scale
  • jorc_compliant
  • qp_signed

Negative factors

  • high_inferred_proportion

Evidence · table

“36”

Context: 1,500

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredJupiter · gallium_oxideTonnes: 1500000000Grade: 40Grade Unit: ppmView all details
Link to this fact

Identity

Project
Jupiter
Commodity
gallium_oxide
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:cef42186b7406c0b3713

Resource Data

Category
inferred
Tonnes
1500000000
Grade
40
Grade Unit
ppm
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

Positive factors

  • large_resource_scale
  • jorc_compliant
  • qp_signed

Negative factors

  • high_inferred_proportion

Evidence · table

“40”

Context: 1,500

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

inferredJupiter · iron_oreTonnes: 1500000000Grade: 7.5Grade Unit: %View all details
Link to this fact

Identity

Project
Jupiter
Commodity
iron_ore
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Resource scope

Estimate type
resource
Reporting standards
jorc
QP Signed
Yes
Qualified person names
Mr Rodney Brown, Dr Stuart Owen, Dr Natalee Bonnici
Resource group id
resource:cef42186b7406c0b3713

Resource Data

Category
inferred
Tonnes
1500000000
Grade
7.5
Grade Unit
%
Cutoff Grade
1000
Cutoff Unit
ppm TREO

Prior Estimate

Resource Date
2026-10-12

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The large Inferred Mineral Resource demonstrates significant scale potential for Jupiter, though further drilling is required to upgrade confidence, reported under JORC 2012 with QP sign-off.

Positive factors

  • large_resource_scale
  • jorc_compliant
  • qp_signed

Negative factors

  • high_inferred_proportion

Evidence · table

“7.5”

Context: 1,500

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: reporting_standards includes jorc

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Metallurgical Results (10)

Fact 1Mt Lindsay · tinRecovery: 75 %View all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tin
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Recovery

Recovery
75 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“75% tin”
Fact 2Mt Lindsay · tungstenRecovery: 85 %View all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
tungsten
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Recovery

Recovery
85 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“85% WO₃”
Fact 3Mt Lindsay · iron_oreRecovery: 98 %View all details
Link to this fact

Identity

Project
Mt Lindsay
Commodity
iron_ore
Region
australia_tas
Reported Region
Tasmania
Ticker
CRI

Recovery

Recovery
98 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: The Mt Lindsay Scoping Study demonstrates strong economic viability with a high NPV, IRR, and rapid payback, despite being a preliminary study with some funding and recovery uncertainties.

Positive factors

  • strong_npv
  • high_irr
  • rapid_payback

Negative factors

  • preliminary_study_limitations
  • funding_not_secured
  • inferred_in_production_target
  • processing_recovery_not_fully_demonstrated

Evidence · text

“98% magnetite”
pilot plantJupiter · rare_earthsView all details
Link to this fact

Identity

Project
Jupiter
Commodity
rare_earths
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Test Work

Program Status
optimization
Test Type
pilot plant
Processing Route
beneficiation
Sample
multiple Jupiter ore types

Recovery

Mass Pull
95 %

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

Positive factors

  • high_recovery
  • pilot_scale_testwork
  • significant_grade_uplift

Negative factors

  • applicability_to_commercial_scale_to_be_demonstrated

Evidence · text

“~95%+ mass rejection”

Tags used in scoring

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: test_type names pilot-scale work

pilot plantJupiter · rare_earthsView all details
Link to this fact

Identity

Project
Jupiter
Commodity
rare_earths
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Test Work

Program Status
optimization
Test Type
pilot plant
Processing Route
beneficiation
Sample
multiple Jupiter ore types

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

Positive factors

  • high_recovery
  • pilot_scale_testwork
  • significant_grade_uplift

Negative factors

  • applicability_to_commercial_scale_to_be_demonstrated

Evidence · text

“Up to 14x Grade uplift”

Tags used in scoring

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: test_type names pilot-scale work

pilot plantJupiter · rare_earthsView all details
Link to this fact

Identity

Project
Jupiter
Commodity
rare_earths
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Test Work

Program Status
optimization
Test Type
pilot plant
Processing Route
beneficiation
Sample
multiple Jupiter ore types

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

Positive factors

  • high_recovery
  • pilot_scale_testwork
  • significant_grade_uplift

Negative factors

  • applicability_to_commercial_scale_to_be_demonstrated

Evidence · text

“MREC 58% TREO”

Tags used in scoring

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: test_type names pilot-scale work

pilot plantJupiter · rare_earthsView all details
Link to this fact

Identity

Project
Jupiter
Commodity
rare_earths
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Test Work

Program Status
optimization
Test Type
pilot plant
Processing Route
beneficiation
Sample
multiple Jupiter ore types

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

Positive factors

  • high_recovery
  • pilot_scale_testwork
  • significant_grade_uplift

Negative factors

  • applicability_to_commercial_scale_to_be_demonstrated

Evidence · text

“MREO 97% TREO”

Tags used in scoring

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: test_type names pilot-scale work

pilot plantJupiter · galliumView all details
Link to this fact

Identity

Project
Jupiter
Commodity
gallium
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Test Work

Program Status
optimization
Test Type
pilot plant
Processing Route
beneficiation
Sample
multiple Jupiter ore types

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

Positive factors

  • high_recovery
  • pilot_scale_testwork
  • significant_grade_uplift

Negative factors

  • applicability_to_commercial_scale_to_be_demonstrated

Evidence · text

“~63% leach extraction”

Tags used in scoring

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: test_type names pilot-scale work

pilot plantJupiter · yttriumView all details
Link to this fact

Identity

Project
Jupiter
Commodity
yttrium
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Test Work

Program Status
optimization
Test Type
pilot plant
Processing Route
beneficiation
Sample
multiple Jupiter ore types

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

Positive factors

  • high_recovery
  • pilot_scale_testwork
  • significant_grade_uplift

Negative factors

  • applicability_to_commercial_scale_to_be_demonstrated

Evidence · text

“>30,000% upgrade”

Tags used in scoring

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: test_type names pilot-scale work

pilot plantJupiter · yttriumView all details
Link to this fact

Identity

Project
Jupiter
Commodity
yttrium
Region
australia_wa
Reported Region
Western Australia
Ticker
CRI

Test Work

Program Status
optimization
Test Type
pilot plant
Processing Route
beneficiation
Sample
multiple Jupiter ore types

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Pilot plant testwork for Jupiter demonstrates high recoveries and significant grade uplift for rare earths, gallium, and yttrium, although commercial scale applicability still needs to be fully demonstrated.

Positive factors

  • high_recovery
  • pilot_scale_testwork
  • significant_grade_uplift

Negative factors

  • applicability_to_commercial_scale_to_be_demonstrated

Evidence · text

“~2.4% in product”

Tags used in scoring

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: test_type names pilot-scale work

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.